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Showing posts from July, 2023

Streamlining Exports with DGFT's Electronic Bank Realisation Certificate

Introduction   In the world of international trade, expo rts from India are governed by various policies and regulations. One such policy is the requirement for exporters to obtain a Bank Realisation Certificate (BRC) from a designated bank, which certifies that the exporter has received payment for the goods or services exported. The DGFT BRC (Directorate General of Foreign Trade Electronic Bank Realisation Certificate) is the elec tronic version of this certificate.     What is DGFT e-BRC?     The DGFT BRC is an electronic certificate that replaces the traditional paper-based Bank Realisation Certificate (BRC). It certifies that the exporter has received payment for the goods or services exported and is mandatory for availing certain benefits under the Foreign Trade Policy of India. The e-BRC is generated through the DGFT's online portal and is accessible to authorized banks and the DGFT.     Benefits of DGFT e-BRC for Exporters     Easy Availab ility: The DGFT e-BRC is issued

Tips for Sellers to Export Leather Products from India

Leather products are a significant export commodity for I ndia, and the country has a rich history of leather production and craftsmanship. The friendly government policies and rising global exposure have only boosted leather export from India . Exporting leather products can be a lucrative business for Indian sellers, but it also comes with its challenges. This article will dis cuss tips for Indian sellers to successfully export leather products to international markets.     Market Research and Analysis     Before exporting leather products, it is crucial to conduct market research and analysis. The first steps are to understand the de mand for leather products in the international market and identify target countries for export. Researching the competition in the target countries can provide valuable insights into the market and help create a unique selling proposition. Understanding th e regulations and requirements for exporting leather products to the target countries is also es