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Showing posts from June, 2022

Everything you need to know about Tea Board India

India is well-known for its tea, which is a distinctive product of the country. India is home to some of the world's best teas, and many of them originate there. India supplies the bulk of the world's tea imports. Organizing the tea business is the result of tea cultivation, processing, trade, and exports. An enormous number of people are employed and successfully served by the Indian tea business. Tea is a major focus for the Indian government. The Tea Board of India is an Indian government agency that works throughout the whole value chain, from tea plantation to final consumer. The Ministry of Commerce of India administers the Tea Board India, a company dedicated to promoting Indian tea production and tea export business . For the promotion of Indian Tea abroad and the growth of the home tea market, the Tea Board serves as an export promotion agency. Kolkata-based Board strives to promote Indian tea exports via international trade fairs, exhibits, and other export promotion

How to kick start your online gems and jewelry export company?

  Recently, the Indian government has taken several efforts to encourage investment and better technology and skills in order to encourage the use of the country's brand name on the global market. Apart from that, the GOI has permitted 100 percent foreign direct investment in the industry through an automatic mechanism, meaning that neither the RBI nor the GOI must provide their consent. Due to these factors, the gems and jewelry export industry is seeing rapid expansion, attracting new entrants and start-ups. So, let’s have a look at how to start gems and jewelry from India-  Become a PAN member Obtaining a Permanent Account Number (PAN) from the IT department is required for every firm in gem and jewelry export promotion council . Creating a current account in the selected banks and applying for IEC from the DGFT, it would aid firms. Acquire an Authorized Dealer Code by opening a bank account. Opening a current account with a bank authorized to deal in foreign exchange is the nex