How to Start an Export Business in India – A Beginner’s Guide?

Step 1: Get Your Import Export Code (IEC)

The IEC (Import Export Code) is a mandatory 10-digit registration issued by DGFT. Without it, you cannot export legally from India.

• Apply online via DGFT portal

• PAN Card, address proof, and bank certificate required

? Related: How to Apply for IEC Code

Step 2: Choose the Right Product to Export

Study demand in international markets using tools like:

• ITC Trade Map

• Export Promotion Councils

• Trends on Go4GlobalTrade

Focus on products where India has an edge—spices, pharma, textiles, or agro-based goods.

Step 3: Identify Target Markets

Research countries where your product is in demand. Look at:

• Trade agreements

• Customs duties

• Certifications needed (like FDA for food items, CE for electronics)

Step 4: Register Your Business on a B2B Platform

Listing your products on a trusted B2B portal like Go4GlobalTrade helps you find verified international buyers.

• Add clear images, product specifications, and minimum order quantity

• Respond promptly to inquiries

• Offer competitive pricing and shipping options

? Join Now: Register on Go4GlobalTrade

Step 5: Arrange for Logistics & Packaging

Tie up with a reliable freight forwarder for:

• Custom clearance

• Freight insurance

• Export documentation (invoice, packing list, bill of lading)

Use export-compliant packaging to avoid damage during international transit.

Step 6: Payment and Compliance

Secure payment using safe methods:

• Letter of Credit (LC)

• Advance payment

• Export factoring

Ensure compliance with:

• FEMA regulations

• GST refund claims

• Customs declarations

Conclusion:

Starting an export business in India may seem complex, but platforms like Go4GlobalTrade simplify the journey. From verified buyers to a wide range of product categories, it's the ideal place to launch and grow your export business.