Pickles exports have great business potential | Fusion - WeRIndia

Pickles exports have great business potential

Pickles exports have great business potential

Many Indians like pickles. There is no exaggeration to say that many households eat pickles daily. They treat a meal without a pickle incomplete.

Not only Indians but many people from other countries are also fond of pickles. Indian pickles have a great demand globally. So, one can start exporting pickles to other countries and make decent money.

As per some sources, the Indian pickles export market has a potential of around $32 million. India exports pickles to more than 55 countries. So, it is clear that it has great potential for business aspirants.

Sri Lanka is the largest importer of pickles from India, with over 30 per cent of the market share. In addition, Oman, Kuwait, Belgium, and Saudi Arabia also import pickles from the country. India exports pickles majorly to these countries. They contribute to 62 per cent of pickle exports.

South Africa, Vietnam, Bangladesh, Qatar, and Spain are the next five countries that import pickles from India.

Indian pickle export business has been growing for the past few years.

So, if you want to start pickle exports, here is a step-by-step procedure:

  • An exporter needs an Importer Exporter Code (IEC) to export products. IEC is a 10-digit number. It is issued by the Directorate General of Foreign Trade. It has lifetime validity, and there is no need to renew.
  • To apply for an IEC, you must register your company with the Ministry of Corporate Affairs. Then apply for IEC and find a target market.
  • Every food business operator in India must have a license from FSSAI. So, register with FSSAI and get the license.
  • Get the licence from the Agricultural & Processed Food Products Export Development Authority (APEDA).
  • Then identify genuine vendors and buyers.
  • To export your products, you need a good shipping company. It is essential to deliver them through proper shipment. So partner with a credible shipping company that ships the products safely and securely.

The following documents are required to start pickles exporting:

  • Company or business incorporation certificate
  • Address proof of your business
  • Identity proofs of directors of the company
  • Also, their address proofs are needed
  • FSSAI Registration
  • APEDA license
  • PAN card
  • GST registration certificate
  • Foreign currency bank account for exports

Many companies help businesses to help export their products to other countries. So, if you do not know how to step ahead, you can contact a company that helps you with this.

Image Credit: Avor Meyase001, CC BY-SA 4.0, via Wikimedia Commons

Image Reference: https://commons.wikimedia.org/wiki/File:Pickles_from_Meghalaya.jpg

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