PGDM-IB,ISBS Master subtitle style Click to edit DIV- D SPARTANs 1

Know Your Globe-2

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Company-Indian Tadka
Logo

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Reasons 1. India is famous for its spicy food. 1. To promote india as a brand exporter. Product- Red chilli powder. Green chilli powder. Country- USA

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Reasons Importers point of view - Red chilli is highly cultivated in India. - USA is one of the largest importer of chilli powder in world.(21%) - Chillies are not grown largely in USA. Exporters point of view - Unadulterated. - No added aroma.

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Product Information
Indian Name: Mirchi Botanical Name: Capsicum Annum,Capsicum frutescens L Family: Solanaceae

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History
Chillies of red pepper belongs to the genus capsicum which is a native of Tropical America. Introduced into India by the Portuguese during the 16thcentury..

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- Largest producer.(26%) - Synonym- Capsicum, Red Pepper, Paprika. - Uses-Essential condiment in foods, Rich source of Vitamin A,C,E, used in homeopathy,self defence sprays, Culinary Usage(Mexican salsas) - World Scenario. - Indian Scenario. - 40,000 tonnes exported last year. - *India 25% *China 24% *Spain 17% *Mexico 8% * Pakistan 7.2% *Morocco 7% * Turkey 4.5% *others ^

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Cont.

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Country wise Percentage share of exports

India (26%) China (26%) Spain (18%) Mexico (9%) Pakistan

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Reasons
There

are very less suppliers of red chilli powder in usa . Highest import of red chilli powder in usa is done from india. Recently the imported red chilli powder in usa other then india(Pakistan, mexico) found a high rate of contamination, again Indian powder got increase in demand. Also the recent allowance of green chilli powder exports.
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Green chilly powder

Central

Institute of Post Harvest Engineering and Technology(CIPHET). Thanks to standardization of process for green chillies developed by Senior Scientists Dr Dilip Jain and Dr Mirdula Devi. Rates of chilly in India varies from Rs 3 Rs 40/kg. Blanching.

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EXPORT PROCEDURE
-

Registration.(regional licensing authority) Register with Export Promotion Council (Banglore) Despatching Samples

- Appointing Agents - Specimen Copy of Agreement Acquire an Export License

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Cont.
Arranging

Finance Rates of Interest Understand Foreign Exchange Rates & Protect Against Their Adverse Movement Forward Contracts Procuring/Manufacturing Goods for Export & Their Inspection by Government Authorities Labeling, Packaging, Packing & Marking Goods

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Export documents
Bill

of Lading. Mates receipt. Packaging list. Export general manifest. Certificate of Chemical Analysis. Certificate of Origin.

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Export Finance
3 standard ways of payment in EXIM. - Clean payment. 1,advance payment. 2,open account. - Collection of bills. 1, Documents Against Payment. D/P 2, Documents Against Acceptance .D/A - Letter of credit.(L/C) Revocable & Irrevocable Letter of Credit. (L/c)
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Exports Logistics
Primary

packaging. Secondary packaging. Labeling. Loading. To shipping.

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Export Regulations
1.

Compulsory legislations. - Prevention of Food Adulteration Act, 1954 - Standards on Weights and Measures Rules,1977. - Export (Quality Control & Inspection) Act, 1963. - Pollution Control

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Cont.
2. Voluntary Standards - Bureau of Indian Standards (BIS) - Directorate of Marketing and Inspection (DMI) 3. Other Government Regulations - Industrial Licence - Foreign Investment - Import of capitalgoods.

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SPARTANS 1

Members 1. Raja Singhal. 2. Mayur Jain. 3. Tejaswini Kondawar. THANK YOU

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