{"id":22962,"date":"2020-12-28T14:09:23","date_gmt":"2020-12-28T08:39:23","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=22962"},"modified":"2020-12-28T14:15:26","modified_gmt":"2020-12-28T08:45:26","slug":"important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/","title":{"rendered":"Important Prerequisites to considers for the Export of FMCG Product from India"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Owing\nto the expansion of digitalization and market outlets, the companies dealing\nwith FMCG products witnessed tremendous domestic sales in the last few years.\nThe government is aggressively endeavoring to inculcate a new strategy to\nencourage the export of these products. <\/p>\n\n\n\n<p>First-quarter of 2020 brings good news for the exporter as the DGFT announced the new online platform for <a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong>IEC registration<\/strong><\/a>. The updated platform will allow the exporters and importers to obtain the IEC registration in minutes. In the blog, we would provide comprehensive information on the prerequisite required to export of FMCG product from India.\u00a0<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/#What_are_the_Fast-Moving_Consumer_Goods_FMCG\" >What are the Fast-Moving Consumer\nGoods (FMCG)?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/#What_are_the_Characteristics_of_FMCGs\" >What are the Characteristics of FMCGs?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/#Registration_and_Licenses_For_the_Export_of_FMCG_Product\" >Registration and Licenses For the Export of FMCG Product<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/#Step_by_Step_Guide_to_obtain_IEC_Registration_for_export_of_FMCG_Product\" >Step by Step Guide to obtain IEC\nRegistration for export of FMCG Product<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/important-prerequisites-to-considers-for-the-export-of-fmcg-product-from-india\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Fast-Moving_Consumer_Goods_FMCG\"><\/span>What are the Fast-Moving Consumer\nGoods (FMCG)?&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Fast-moving\nconsumer goods (FMCG) are also being referred to as consumer packaged goods\n(CPG) which are the class of products that tends to sell promptly and at an\naffordable price tag. FMCG product is typically known as non-durable household\nitems such as beverages, cosmetics, packaged goods, dry goods, candies, and\nother consumables. FMCG is the generalized term used across most of Asia,\nEurope, and Oceania.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_are_the_Characteristics_of_FMCGs\"><\/span>What are the Characteristics of FMCGs?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The\nfollowing are the most common traits of Fast-moving consumer goods\n(FMCG)&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">From\nthe Consumer&#8217;s Viewpoint<\/h3>\n\n\n\n<ul><li>Frequent purchases<\/li><li>Negligible engagement&nbsp;<\/li><li>Affordable price point<\/li><li>Lower Shelf life<\/li><li>Prompt consumption pattern<\/li><li>Price comparison during web-based purchase by consumers<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">From\nthe Marketer&#8217;s Viewpoint<\/h3>\n\n\n\n<ul><li>High volumes<\/li><li>Extensive distribution<\/li><li>Low contribution margins<\/li><li>High inventory turnover<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Registration_and_Licenses_For_the_Export_of_FMCG_Product\"><\/span>Registration and Licenses For the Export of FMCG Product  <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter is-resized\"><img decoding=\"async\" src=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/Registration-and-Licenses-For-the-Export-of-FMCG-Product.png\" alt=\"Licenses For the Export of FMCG Product  \" class=\"wp-image-22964\" width=\"484\" height=\"484\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/Registration-and-Licenses-For-the-Export-of-FMCG-Product.png 1000w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/Registration-and-Licenses-For-the-Export-of-FMCG-Product-150x150.png 150w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/Registration-and-Licenses-For-the-Export-of-FMCG-Product-300x300.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2020\/12\/Registration-and-Licenses-For-the-Export-of-FMCG-Product-768x768.png 768w\" sizes=\"(max-width: 484px) 100vw, 484px\" \/><\/figure><\/div>\n\n\n\n<p>The\nlist below explains the type of documents you will need to arrange for setting\nup a business of export of FMCG product.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">FSSAI License<\/h3>\n\n\n\n<p>FSSAI\nfood license primarily regulates the food business operators in India. If you\nwant to export non-durable household items such as beverages, candies, dairy\nproducts, or other edible items to the overseas market, then you will be\nrequired to obtain this very license.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Import Export Code (IEC)&nbsp;<\/h3>\n\n\n\n<p>The\nDirectorate General of Foreign Trade grants IEC. Import Export Code is an\nabsolute necessity for exporter and importer in India. There is no way you can\nexecute your international orders in the absence of this certification.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">APEDA License<\/h3>\n\n\n\n<p>APEDA stands for Agricultural and Processed Food Products Export Development Authority. It is a government-driven entity that works for the betterment of the exporter dealing in agro-based products. Given the Export of FMCG product, the <a href=\"https:\/\/corpbiz.io\/apeda-registration\"><strong>APEDA registration<\/strong><\/a> is compulsory for the exporters. To avail of such registration, one has to secure the Import Export Code in the first place.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">MSME&nbsp;Registration<\/h3>\n\n\n\n<p>MSME is an abbreviated term for Micro, Small, and Medium Enterprise. MSME is an imperative part of India&#8217;s Government, and it emphasizes the growth of the struggling sector. MSME is running tons of growth-centric schemes for the upliftment of the small business entities operating pan India. However, those schemes are only accessible to registered users. Udyog Addhaar Registration is a portal that will allow you to avail of <a href=\"https:\/\/corpbiz.io\/msme-registration\"><strong>MSME registration<\/strong><\/a>, which will be done with minimum of hassles.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Incorporation Certificate<\/h3>\n\n\n\n<p>You\nprobably won&#8217;t be managed to secure enough export orders if your firm is not\nregistered. Having an incorporation certification means your company is willing\nto work in a legal framework and it won&#8217;t bypass any regulation that hinders\nits existence. This would probably help in creating a strong image in the\ninternational market. So, a Certificate of incorporation is not an option;\nrather, it&#8217;s an absolute necessity.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Trademark Registration&nbsp;<\/h3>\n\n\n\n<p>Trademark registration would be beneficial in case if you are engaged with the selling of your own brand. Since logo, tagline, and other invaluable intangible assets are susceptible to infringement, it is a good idea to obtain a <a href=\"https:\/\/corpbiz.io\/trademark-registration\"><strong>trademark registration<\/strong><\/a>.\u00a0<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">&nbsp;ISO Certificate<\/h3>\n\n\n\n<p>ISO\n9001 is a globally recognized certificate associated with the quality\nmanagement system. It&#8217;s a tedious affair to avail of such a certification due\nto countless requirements and compliances. Securing this globally recognized\nstandard can help attract ample foreign buyers in a short span of time. We\nprefer you contact with CorpBiz&#8217;s associate to grab more information on\nthat.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Step_by_Step_Guide_to_obtain_IEC_Registration_for_export_of_FMCG_Product\"><\/span>Step by Step Guide to obtain IEC\nRegistration for export of FMCG Product<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>A\nfew months back, the Directorate General of Foreign Trade announced the arrival\nof a new online platform for the IEC registration. The new platform was\nlaunched to reduce the manual intervention while making an application for\nimport export code. The following section exhibits the procedural instructions\nfor obtaining the IEC registration online.<\/p>\n\n\n\n<ul><li>Reach out for the <strong>DGFT&#8217;s<\/strong><sup><a href=\"https:\/\/www.dgft.gov.in\/CP\/\"><strong>[1]<\/strong><\/a><\/sup> official portal from your web browser.\u00a0<\/li><li>As soon as you visit the home page, use the &#8220;Apply for IEC&#8221; button to start the registration process.\u00a0<\/li><li>Now, you will be redirected to the page to fill in the basic registration details such as name, email address, contact number, and address details.\u00a0<\/li><li>The next step is to select the Send OTP option for verification purposes. By clicking this option, you will receive the One Time Password on your phone and email id in a few seconds. Once you received the OTP, revisit the home page, and click on the &#8220;Apply IEC&#8221; button.\u00a0<\/li><li>Try to login with the credential provided by the portal. After a successful login attempt, you will be promoted to fill a web-based form.\u00a0<\/li><li>Now, you are required to fill in the requested details listed in the IEC registration form.\u00a0<\/li><li>Select the ownership type, enter the bank details, upload the canceled cheque copy, and hit the &#8220;Save and Next&#8221; button.<\/li><li>Proceeding further, selects the preferred sectors of operations followed by Acceptance of Undertaking\/Declaration.\u00a0\u00a0<\/li><li>Click the &#8220;Save and Next&#8221; button, followed by the Signup tab.\u00a0<\/li><\/ul>\n\n\n\n<p>Then\nyou are supposed to choose the methods for submitting the online application\neither via Aadhar OTP or DSC (Digital Signature Certificate). After signing and\nsubmitting the online application, move ahead to submit an online fee regarding\nthe same. You were required to pay a sum of rupees 500 as the fee for an online\napplication.&nbsp;<\/p>\n\n\n\n<p>After\naddressing the aforesaid requirement, you can download the receipt from the\nsame portal for future reference. For downloading the hardcopy of the\ncertificate, go to the Managing IEC option and then select the Print\ncertificate.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Once you availed of the aforesaid certification, you will become eligible for the export of FMCG product. If you encounter any technical issues in that regard, get in touch with <a href=\"https:\/\/corpbiz.io\/\"><strong>Corpbiz<\/strong><\/a> expert with any second thought. Here your queries related to documentation and registration will be resolved with utmost care.\u00a0<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/what-is-the-business-utilization-of-the-import-export-code-in-india\/\">\nWhat is the Business Utilization of the Import Export Code in India?\n<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Owing to the expansion of digitalization and market outlets, the companies dealing with FMCG products witnessed tremendous domestic sales in the last few years. The government is aggressively endeavoring to inculcate a new strategy to encourage the export of these products. First-quarter of 2020 brings good news for the exporter as the DGFT announced the [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":22969,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[1366],"acf":{"service_id":"16"},"authorName":"Pankaj Tyagi","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2022\/01\/MicrosoftTeams-image-42.jpg","authorDescription":"Pankaj has a diverse experience of writing research papers, blog, and articles during his college time. Earlier, he was working as a tax consultant in a financial firm, but his interest in writing drives him to pursue a career in the writing field.","postViews":12695,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22962"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=22962"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22962\/revisions"}],"predecessor-version":[{"id":22979,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/22962\/revisions\/22979"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/22969"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=22962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=22962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=22962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}