1. Learn the Basics of Export Import Business

Before anything else, gain complete knowledge of how export import business in India works. Understand:

• What is an IEC (Import Export Code)?

• How do international shipments work?

• What are Incoterms like FOB, CIF, EXW?

• How to deal with foreign currency and payments?

🔍 At Globax Trainings, our certified courses walk you through every concept of export-import training — beginner to advanced.

2. Choose Your Product Wisely

Your export journey starts with selecting the right product. You should research:

• What Indian products are in high demand globally?

• Can the product be sourced locally at a competitive price?

• Does it meet the international quality standard?

Examples of high-demand export items:

• Handicrafts and home décor

• Leather goods

• Spices and agro-products

• Engineering goods

• Textiles and garments

Globax Trainings provides product selection guidance based on market trends and DGFT data.

3. Get Your Business Registered

To legally operate an export import business in India, register your business. You can choose any of these structures:

• Sole Proprietorship

• Partnership

• LLP

• Private Limited Company

Once registered, get your GST number, bank current account, and proceed to get your IEC code.

4. Apply for IEC Code (Import Export Code)

This is your passport to start international trade.

IEC Code is issued by the Directorate General of Foreign Trade (DGFT). It’s a 10-digit unique code, mandatory for all exporters and importers in India.

We at Globax Trainings offer full support in IEC registration and other documentation processes.

5. Find International Buyers

Once your setup is ready, the next big step is to find buyers for your export products.

Here’s how you can find genuine buyers:

• List your business on B2B portals like Alibaba, IndiaMART, ExportersIndia

• Use social media and LinkedIn for outreach

• Attend international trade fairs and expos

• Use DGFT export performance data

• Connect with Export Promotion Councils

✅ Globax Trainings teaches powerful lead generation strategies and how to verify foreign buyers to avoid frauds.

6. Understand Export Import Documentation

The success of your shipments depends heavily on correct documentation. Some of the common documents include:

• Commercial Invoice

• Packing List

• Bill of Lading

• Certificate of Origin

• Shipping Instructions

• Insurance Certificate

Knowing how to prepare export documents is vital. Any mistake can cause delays, penalties, or shipment rejection.

Our modules at Globax Trainings cover step-by-step document preparation, mock formats, and real-time case studies.

7. Decide on Payment Terms and Ensure Safety

Dealing with foreign clients means currency exchange and payment risk.

These are the most used international payment methods:

• Advance Payment

• Letter of Credit (LC)

• Documents Against Payment (D/P)

• Open Account

Globax helps you understand how to ensure secure payment in exports using tools like Export Credit Guarantee Corporation (ECGC).

8. Choose the Right Logistics Partner

Shipping goods overseas needs reliable logistics. You’ll need:

• Freight forwarders

• CHA (Custom House Agent)

• Warehousing partners

• Insurance providers

Also, you must learn how custom clearance and HS Code classification works.

Globax Trainings gives you access to logistics know-how, custom handling guides, and vendor references.

9. Register with Export Promotion Councils

Each product category has an Export Promotion Council (EPC). Registering helps you:

• Access trade benefits & subsidies

• Get buyer databases

• Join government-led buyer-seller meets

For example:

• EEPC – for engineering goods

• APEDA – for agricultural products

• GJEPC – for gems and jewelry

10. Scale Your Business with Technology

To grow in the export-import industry, go digital:

• Build your own export website

• Use CRM tools for buyer management

• Automate documentation with software

• Sell via cross-border e-commerce platforms like Amazon Global, Etsy, etc.

Globax Trainings offers expert guidance on digital export marketing and building an online presence.