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Indian Exports - Key Trends & Opportunities

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In recent years, India has emerged as a significant export of goods and services. The country now ranks third globally in terms of merchandise exports after China and the United States. India is the largest importer of goods and services among developed countries. In 2017, its imports totalled $1.2 trillion, accounting for nearly half of global trade flows. This trend is expected to continue over the next decade as developing economies such as China and Brazil are expanding their manufacturing capabilities. India’s economic reforms have helped boost its economy. Its GDP grew at 7.5% in 2016, compared to 4.4% in 2013. As a result, India is poised to become one of the fastest-growing economies in the world. The Indian economy is on the upswing, and exports are playing a pivotal role in driving this growth. In FY2017, exports accounted for nearly 20% of India’s GDP. What are the key trends and opportunities driving Indian exports? Let’s take a closer look:   Rising ...

Who Exports? A Comprehensive Overview of the People and Businesses Who Use Exports

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When you hear the word “exports,” what do you think about it? If you’re like most people, you probably think of big businesses selling products overseas. But the truth is, exports are essential for all sorts of big and small companies. This blog post will explore who really uses exports and how they benefit from doing so. We’ll also dispel some of the myths about exporting and show you that it’s not just for big businesses. So, read on to learn more about exports and who uses them. Who uses exports? All products sold abroad are considered exports. Despite their seeming positive character, exports are actually rather complicated. Understanding how exports are made is crucial to comprehending how they function. When businesses sell something to a foreign customer, they export the product. By offering their goods for sale abroad at a more fantastic price than the local market would bear, exporting businesses boost their profit margins. Exporting companies like Kunal International India ...

How to ship the essential documents for your export business

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Export businesses are responsible for shipping goods overseas to customers. This business involves a lot of paperwork and coordination, so it is vital to be organized and have good communication skills. One also needs to be familiar with the customs regulations of the various countries where goods are exported.  Export businesses can be very profitable but require much planning and effort. To start and run an export business, you need to have some essential documents to complete the process.    The correct documentation can help ensure that your shipment reaches its preferred location without problems. Documents such as a packing list, certificate of origin, bill of landing, commercial invoice and pro forma invoice are some of the most important elements for the custom clearance process. This following article will help you in collecting information related to all the necessary aspects of shipping.  Tips for shipping documents If you're shipping documents interna...