{"id":32246,"date":"2021-06-27T10:00:20","date_gmt":"2021-06-27T04:30:20","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=32246"},"modified":"2021-06-26T14:17:31","modified_gmt":"2021-06-26T08:47:31","slug":"set-up-a-profitable-pickle-export-business-in-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/set-up-a-profitable-pickle-export-business-in-india\/","title":{"rendered":"How to set up a Profitable Pickle Export business in India?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">Getting started with a new business can be a rewarding experience. The Indian government promotes such entrepreneurial instincts by backing up small businesses. Lately, the global demand for pickles has reached new heights. Being an important part of Indian eating culture, pickle is now getting recognition from other parts of the world. Hence, entering into the Pickle Export business seems a win-win proposition for the business fraternity across India. The write-up will guide you through the legalities associated with setting up a Pickle Export Business. <\/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\/set-up-a-profitable-pickle-export-business-in-india\/#Why_Indian_%E2%80%93based_Pickles_are_always_high_on_demand\" >Why Indian\n\u2013based Pickles are always high on demand?<\/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\/set-up-a-profitable-pickle-export-business-in-india\/#An_Overview_on_Indian_Pickle_Export_Market\" >An Overview on\nIndian Pickle Export Market<\/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\/set-up-a-profitable-pickle-export-business-in-india\/#Viable_benefits_of_having_an_IEC_at_Disposal\" >Viable\nbenefits of having an IEC at Disposal<\/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\/set-up-a-profitable-pickle-export-business-in-india\/#Steps_to_Commence_a_Pickle_Export_Business_in_India\" >Steps to Commence\na Pickle Export Business in India<\/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\/set-up-a-profitable-pickle-export-business-in-india\/#Mandatory_Documents_for_Pickles_Export_Business\" >Mandatory\nDocuments for Pickles Export Business&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/set-up-a-profitable-pickle-export-business-in-india\/#Conclusion\" >Conclusion<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_Indian_%E2%80%93based_Pickles_are_always_high_on_demand\"><\/span>Why Indian\n\u2013based Pickles are always high on demand? <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>There is great admiration for Indian-based cuisines and spices in the global market.&nbsp; And pickle is no different here. The variety of pickles that our country produces is practically endless and customers from local and global markets love to have them even at steep pricing. Indian-based pickles have distinct smells and flavors, courtesy of the quality of spices used in them. Handmade spices, in particular, are gaining massive popularity among foodie customers globally. Generally, people from the lower strata of society are extensively engaged with pickle production. <\/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\/how-to-get-iec-code-in-india\/\">How to obtain IEC Code in India <\/a><\/mark><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"An_Overview_on_Indian_Pickle_Export_Market\"><\/span>An Overview on\nIndian Pickle Export Market<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>At present,\nIndian-made pickles are shipped to over 54 countries. The total valuation of\nthe pickle industry in India is stood at $31.45 million. Moreover, the top 5\nexports share is amounted to $21.46 million, reflecting how profitable it is to\ncommence early &amp; consolidate the market. <\/p>\n\n\n\n<p>Additionally, the\nexport valuation of these industry leaders constituted approx 69% of the\noverall export value. Hence, firms who intend to set up such a business must\ncommence its preparation at the earliest. <\/p>\n\n\n\n<p>Let us have a glance over the different aspects and documents required to set up a pickle export business in <em><strong>India<\/strong><\/em><sup><a href=\"https:\/\/en.wikipedia.org\/wiki\/India\"><em><strong>[1]<\/strong><\/em><\/a><\/sup>. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Viable_benefits_of_having_an_IEC_at_Disposal\"><\/span>Viable\nbenefits of having an IEC at Disposal <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Open door to the global market<\/li><li>Mitigates the legal hassles associated with the\nshipment of products<\/li><li>Helps in clearing shipment from the custom.<\/li><li>Speed up the shipping process by eliminating\nextraneous prerequisites. <\/li><li>Align with the global standard of legal\ncompliances <\/li><li>Ensure access to government-backed schemes and\nbenefits. <\/li><li>Offers lifetime validity. <\/li><li>Eliminates the requirement of return filing for\nregistered traders. <\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Steps_to_Commence_a_Pickle_Export_Business_in_India\"><\/span>Steps to Commence\na Pickle Export Business in India<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\">Step 1: Avail\nlegal status for your company &nbsp;<\/h3>\n\n\n\n<p>You can do this by\nregistering your company with the Ministry of Corporate Affairs. There is a slew\nof business forms registration available at MCA such as private limited\ncompany, public limited company, LLP, OPC, Proprietorship, etc. Apparently,\neach business structure seeks a different set of documents from the applicant.\nWhile opting for an apt business structure, make sure to take the following\nparameters into account<\/p>\n\n\n\n<ul><li>Authorized share capital, if applicable <\/li><li>Number of partners\/shareholders\/members <\/li><li>Type of business<\/li><li>Scope of operation<\/li><\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Step 2: Get your FSSAI Registration <\/h3>\n\n\n\n<p>FSSAI food license\nis a mandate for every food business operators in this country.&nbsp; One can visit FSSAI\u2018s online platform to\napply for the same. Remember that FSAAI\u2019s food license is available under a 3-tier\nsystem as given below<\/p>\n\n\n\n<ul><li><a href=\"https:\/\/corpbiz.io\/fssai-license\"><strong>Basic FSSAI License <\/strong><\/a><\/li><li><a href=\"https:\/\/corpbiz.io\/fssai-state-license\"><strong>State FSSAI License<\/strong><\/a> <\/li><li><a href=\"https:\/\/corpbiz.io\/central-fssai-license\"><strong>Central FSSAI License<\/strong><\/a> &nbsp;&nbsp;<\/li><\/ul>\n\n\n\n<p>Get in touch with\nCorpBiz\u2019s associates to avert complications of the registration process. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 3: Get your Import Export Code <\/h3>\n\n\n\n<p>India\u2019s Foreign Trade Policy mandates the obtainment of the <a href=\"https:\/\/corpbiz.io\/iec-registration\"><strong>Import Export Code<\/strong><\/a> (aka IEC) from the DGFT for functioning as an exporter. IEC refers to a 10-digit number issued by the DGFT, i.e. Directorate General of Foreign Trade. Aspiring exporters and start-ups can visit DGFT\u2019s online portal to apply for IEC in India. While filing a web-based IEC applicant, applicants will be prompted to upload some mandatory documents. The type of documents shall vary in accordance with the business structure and product category. <\/p>\n\n\n\n<p><strong><em>Here is the list of\nsome basic documents for obtaining IEC from DGFT <\/em><\/strong><\/p>\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\/2021\/06\/Get-your-Import-Export-Code.png\" alt=\"documents for obtaining IEC from DGFT\" class=\"wp-image-32247\" width=\"494\" height=\"442\" srcset=\"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/Get-your-Import-Export-Code.png 867w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/Get-your-Import-Export-Code-300x268.png 300w, https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2021\/06\/Get-your-Import-Export-Code-768x687.png 768w\" sizes=\"(max-width: 494px) 100vw, 494px\" \/><\/figure><\/div>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Get the APEDA license <\/h3>\n\n\n\n<p>Agricultural &amp; Processed Food Products Export Development Authority, aka APEDA, is an apex institution founded in 1985.&nbsp; The product enlisted under APEDA Act is known as schedule products and exporters of such products have to avail of <a href=\"https:\/\/corpbiz.io\/apeda-registration\"><strong>APEDA registration<\/strong><\/a>. <\/p>\n\n\n\n<p>To get this\nregistration, the applicant must furnish the application form within one month\nof commencing business activities. There is a provision for time extension in\ncase the applicant fails to serve such a requirement. As soon as the applicant\nsubmits the form along with the required fees, the authority will grant the\nRegistration -Cum- Membership- Certificate (RCMC). Connect with CorpBiz for\nmore detail on that. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 4: Identify the Key Markets to Export your produce <\/h3>\n\n\n\n<p>Identifying the target market in a global landscape is a complex task that seeks a certain degree of professionalism and knowledge. Pinpointing the key market doesn\u2019t mean referring to the past sale data or export figures. In fact, it goes beyond these generalized practices. Therefore, it is advisable to get in touch with an expert marketing firm. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 5: Look\nout for trustable vendor\/buyers<\/h3>\n\n\n\n<p>Next, you need to pay attention to identifying the real and legitimate rivals or buyers for your product. There are many web-based portals and third-party vendors out there that can connect you with interested parties residing overseas. The portal entails the listicle of potential buyers to enable you to verify their legitimacy. <\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Step 6: Collab\nwith reputed shipping firms <\/h3>\n\n\n\n<p>Catering to customer\u2019s\ndemands with authenticity is a key trait of a successful exporting business.\nAny delay in the shipment will accrue mistrust and keep your prospects beyond\nyour reach. To avert such complicacies, make sure to collab with trusted\nshipment firms that can ensure end-to-end support for shipment management.&nbsp;&nbsp; <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mandatory_Documents_for_Pickles_Export_Business\"><\/span>Mandatory\nDocuments for Pickles Export Business&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul><li>Bill of lading\/ Postal Receipt\/ Airway Bill\/ Railway Receipt\/ Lorry Receipt<\/li><li>Commercial Invoice\/ Packing List<\/li><li>Shipping Bill\/ Postal Bill of Export\/Bill of Export<\/li><li>Import Export Code<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion <span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The worldwide\ndemand for pickles in the recent past has been astounding and it will likely\nescalate over time. It is a business model that adheres to a low-risk profile\nand immense growth potential. It is advisable to keep your investment profile\nlow in the initial phase and increase it accordingly in accordance with the\ndemand.&nbsp; <\/p>\n\n\n\n<p>Staying in compliance with DGFT\u2019s guidelines will keep the legal hassles aside and let you focus on things that matter the most. Do not forget to prompt us if you need professional backing for resolving legal hassles while setting up your business. &nbsp;<\/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\/documents-required-for-iec-registration-india\/\">A Complete Guide on Documents Required For IEC Registration <\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getting started with a new business can be a rewarding experience. The Indian government promotes such entrepreneurial instincts by backing up small businesses. Lately, the global demand for pickles has reached new heights. Being an important part of Indian eating culture, pickle is now getting recognition from other parts of the world. Hence, entering into [&hellip;]<\/p>\n","protected":false},"author":22,"featured_media":32260,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[165],"tags":[1834],"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":8561,"readingTime":4,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32246"}],"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=32246"}],"version-history":[{"count":14,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32246\/revisions"}],"predecessor-version":[{"id":32262,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/32246\/revisions\/32262"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/32260"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=32246"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=32246"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=32246"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}