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Know Your Globe-2

PGDM-IB,ISBSDIV- D

SPARTANs 1

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Logo

Company-Indian Tadka

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Reasons

1. India is famous for its spicy food.

1. To promote india as a brand exporter.

Product- Red chilli powder.

Green chilli powder.

Country- USA

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Reasons

Importers point of view

- Red chilli is highly cultivated in India.- USA is one of the largest importer of chilli

powder in world.(21%)- Chillies are not grown largely in USA.

Exporters point of view- Unadulterated.

- No added aroma.

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Indian Name : Mirchi

Botanical Name : CapsicumAnnum , Capsicum

frutescens L

Family : Solanaceae

Product Information

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Chillies of red pepper belongs to the genuscapsicum which is a native of TropicalAmerica.

Introduced into India by the Portugueseduring the 16th century..

History

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- Largest producer.(26%)

- Synonym- Capsicum, Red Pepper, Paprika.

- Uses-Essential condiment in foods, Richsource of Vitamin A,C,E, used inhomeopathy,self defence sprays,CulinaryUsage(Mexican salsas)- World Scenario.- Indian Scenario.- 40,000 tonnes exported last year.- *India 25% *China 24% *Spain 17%

*Mexico 8% * Pakistan 7.2% *Morocco 7% *Turkey 4.5% *others ^

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Cont.

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Country wise Percentage share of exports

India(26%)China(26%)Spain

(18%)Mexico(9%)

Pakistan

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There are very less suppliers of red chillipowder in usa .

Highest import of red chilli powder in usa isdone from india.

Recently the imported red chilli powder inusa other then india(Pakistan, mexico) founda high rate of contamination, again Indianpowder got increase in demand.

Also the recent allowance of green chillipowder exports.

Reasons

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Central Institute of Post Harvest Engineeringand Technology(CIPHET).

Thanks to standardization of process for greenchillies developed by Senior Scientists Dr Dilip

Jain and Dr Mirdula Devi.Rates of chilly in India varies from Rs 3 Rs

40/kg.

Blanching.

Green chilly powder

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EXPORT PROCEDURE

- Registration.(regional licensing authority)

- Register with Export Promotion Council

(Banglore)

- Despatching Samples

- Appointing Agents

- Specimen Copy of Agreement

- Acquire an Export License

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Arranging FinanceRates of InterestUnderstand Foreign Exchange Rates &

Protect Against Their Adverse MovementForward ContractsProcuring/Manufacturing Goods for Export &Their Inspection by Government Authorities

Labeling, Packaging, Packing & MarkingGoods

Cont.

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Bill of Lading.Mates receipt.Packaging list.

Export general manifest.Certificate of Chemical Analysis.Certificate of Origin.

Export documents

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3 standard ways of payment in EXIM.- Clean payment.

1,advance payment.

2,open account.- Collection of bills.

1,Documents Against Payment . D/P

2, Documents Against Acceptance . D/A

- Letter of credit.(L/C)Revocable & Irrevocable Letter of Credit.

(L/c)

Export Finance

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Primary packaging.Secondary packaging.Labeling.

Loading.To shipping.

Exports Logistics

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1. Compulsory legislations.- Prevention of Food Adulteration Act, 1954

- Standards on Weights and Measures

Rules,1977.- Export (Quality Control & Inspection) Act,

1963.

- Pollution Control

Export Regulations

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2. Voluntary Standards-Bureau of Indian Standards (BIS)

- Directorate of Marketing and Inspection

(DMI)3. Other Government Regulations

- Industrial Licence

- Foreign Investment

- Import of capitalgoods.

Cont.

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SPARTANS 1

Members

1. Raja Singhal.

2. Mayur Jain.

3. Tejaswini Kondawar.THANK YOU