BENEFITS OF SPECIAL ECONOMIC ZONES/ STPI IN INDIA What exactly is a special economic zone? The concept of Special economic zones is expected to bring huge dividends and revenues to the state in terms of economic and industrial development and the generation of new upcoming employment opportunities. Economic growth being a vehicle to country’s Gross Domestic […]
PROCEDURES FOR IMPORT AND EXPORT LICENSING IN INDIA The most basic and most crucial thing to keep in mind when going for import export licensing is the IMPORT EXPORT CODE. It is required by a person for exporting or importing goods. It is a 10-digit code which is issued by the Directorate General of Foreign Trade[…..]
Options for foreign companies in India A physical existence is basic to enter the developing sector in India. Foreign companies prior to entering the market in India should consider a few key points such as assessment of total market, their target market, and potential buyers, knowing about the existing competition, entry options, product mix and pricing,[…..]
Opening a franchisee in India The initial step in initiating in India a franchise begins with deciding on the city to be launched. It is recommended to start with big city locations such as Mumbai, Chennai, Bangalore, New Delhi and Kerala. These cities infrastructure is better and the dispensable income of the clients also is at higher[…..]
Import export license in Kochi, Kerala Acquiring an import-export license in India begins with applying for IEC (Importer Exporter Code). This is required if you wish to import or export from and to India or to other countries. IEC, technically speaking is a number granted as 10 digits by the DGFT (Directorate General of Foreign Trade) to[…..]