How can I export handicraft items from India?
Documents Required to Export Handicraft Items from India
- Company Incorporation certificate.
- IEC Code.
- Export Promotion Council for Handicrafts registration certificate.
- Goods and Service Tax registration for tax purposes.
- MSME registration to avail benefits provided by the government.
Which countries import handicrafts from India?
Indian handicrafts are exported across geographies, with the top 10 destinations being the US, the UK, the UAE, Germany, France, Latin American countries (LAC), Italy, the Netherlands, Canada and Australia.
How do I start my own handicraft business?
- Research the Market Demand. If you’re looking to start a craft business, make sure there’s demand.
- Differentiate Your Product Line.
- Know Your Customers.
- Choose a Name with Strong Brand Potential.
- Reserve Your Online Assets.
- Source Quality Materials.
- Develop a Selling Strategy.
- Practice Your Product Photography.
How can I start an export business of handicrafts from India?
Indian handicrafts have huge overseas market. If one makes balance between buyer and supplier there is no looking back in this business. You should contact export promotion council for handicrafts (EPCH) for this. There are five simple steps by which one can start import and export business.
Why is the handicrafts sector important for the Indian economy?
The handicrafts sector is important for the Indian economy as it is one of the largest employment generators and accounts for a significant share in the country’s exports.
What makes export and import business in India a lucrative one?
The widespread use of the internet to shop, pay and communicate makes export and import business in India a lucrative one as e-commerce can allow sellers to reach customers across the globe with their strong supply chain system readily in place.
Which country is known as the largest exporter of handicraft items?
India is known to be the largest exporter of handicraft items among all other developing countries. The handicraft industry of India has ensured opportunities to more than six million craftsmen including females who can utilize their talents to earn a proper livelihood.