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    Acl ppt Acl ppt Presentation Transcript

    • A SUMMER TRAINNING PROJECT IN
       
       
       
    • TOPIC OF THE STUDY
      EXPORT PROCEDURE IN INTERNATIONAL MARKET REFERENCE TO AKBAR CORPORATION LIMITED IN MORADABAD UP
      SUBMITTED TO: SUBMITTED BY:
      MRS ANUMEHA MAM MO.SHARIQ
      ( LIM) R.No.RT1902A25
    • OBJECTIVE OF THE STUDY
      • WHAT PROCEDURE OF THE EXPORT
      IN INERNATIONAL MARKET IN
      AKBAR CRPORATION LIMITED.
      • HOW TO EXPORT IN FOREIGN
      MARKET.
    • Manufacturing product of ACL
      • CANDLE HOLDER
      • VASES
      • BOWLS
      • LAMPS SHADE
      • ANIMAL SHAPES
      • PHOTOFRAME
      • WROUGHT IRON FURNITURE
      • ALLUMINIUM FRUIT BOWL
      • ALLUMINIUM VASE
      • ARMOUR(HUMAN BODY SHAPES)
      • DECORATIVE ASSOCERIES OF BRASS
    • IMAGES OF PRODUCT
      PRODUCTS-
    • MARKET AREA OF EXPORT PRODUCT
      • Hong Kong,
      • Korea,
      • Western Europe,
      • South America
      • Middle East
      • And worldwide
    • IMPORT EXPORT CODE (IEC) ISSUED BY DGFT
      • DGFT, which is headed by the Director General of Foreign
      Trade.
      • The office of the DGFT is responsible for formulating and
      execution of Foreign Trade Policy, including licensing.
      • DGFT is responsible for implementing the Foreign Trade
      Policy with the main objective of promoting exports
      • To regulate and keep check on international trade, DGFT
      issue IEC.
      • An IEC holder can only do the international trade,
      IEC Code is unique 10 digit code issued by DGFT
    • IEC Code No Notification
      • DGFT issued a Policy Circular No.15 (RE
      2006)/2004-2009 Date: 27th July, 2006) for New
      System for issuance of IEC Number.
      • An application for grant of IEC number shall be
      made by the Registered/Head Office of the
      applicant and apply to the nearest Regional
      Authority of DGFT, the Registered office in case of
      company.
    • LETTER OF PERMISSION (LOP)
      • Letter of permission issued by the Development Commissioner
      of SEZ to the unit is itself a licence
      • EOU get detail of business which unit can undertake in LOP
      • LOP may also be used for the procurement of the items like
      furnace oil from authorized oil companies and cannot be
      directly imported by the export oriented units.
    • BOND 17TH
      • All the Export Oriented Units in India need to conduct its
      operations under the supervision of the Customs and
      Central Excise Department.
      • For this purpose, EOU has to sign a multipurpose bond
      with the jurisdictional Deputy Commissioner of Customs
      and Central Excise at the time of commencement of the unit.
      • The bond is submitted in a prescribe format along with the
      copy of EOU project report and Letter Of Permission (LOP) to
      the Deputy Commissioner’s Office in the zone.
    • HOW TO EXPORT IN INTERNATIONAL MARKET
      • SELL EXPERIENCE
      • SELLING IN EXPORT
      • ON TIME DELIVERIES
      • COMMUNICATION
      • TESTING PRODUCTS
    • PRELIMINARIES FOR STARTING EXPORT BUSINESS-Selecting the markets
      Target markets should be selected after careful consideration of various factors like scope of exporter's selected product, demand stability, preferential treatment to products from developing countries, market penetration by competitive countries and products, distance of potential market, transport problems, language problems, tariff and non-tariff barriers, distribution infrastructure, size of demand in the market, expected life span of market and product requirements, sales and distribution channels.
    • Selecting prospective Buyers
      • Enquiries from friends and relatives or other acquaintances
      residing in foreign countries.
      • Visiting/ participating in International Trade Fairs and
      Exhibitions in India and abroad.
      • Contact with the Export Promotion Councils, Commodity
      Boards and other Government Agencies.
    • Selecting channels of distribution
      • Exports through Export Consortia.
      • Export through Other Established Merchant
      Exporters or Export Houses, or Trading
      Houses, Canalising agency .
      • Direct Exports
      • Export through Overseas Sales Agencies
    • Processing an Export order
      • You should not be happy merely on receiving an export
      order.
      • You should first acknowledge the export order, and then
      proceed to examine carefully in respect of
      items, specification, reshipments inspection, payment
      conditions, special packaging, labelling and marketing
      requirements, shipment and delivery date, marine
      insurance, documentation etc.
      • If you are satisfied on these aspects, a formal confirmation
      should be sent to the buyer, otherwise clarification should be
      sought from the buyer before confirming the order.
    • Entering into an Export contract
      • Product, Standards and Specifications
      • Quantity
      • Inspection
      • Terms of Delivery
      • Period of Delivery/Shipment
      • Packing, Labelling and Marking
      • Discounts and Commissions
      • Licenses and Permits
      • Insurance
      • Documentary Requirements
      • Guarantee
      • Remedies
    • EXPORT PRICING AND COSTING
      • Export pricing should be differentiated from export costing.
      • Price is what we offer to the customer. Cost is the price that we
      pay/incur for the product.
      • Price includes our profit margin, cost includes only expenses we
      have incurred.
      • Export pricing is the most important tool for promoting sales and facing
      international competition.
      • The price has to be realistically worked out taking into consideration all
      export benefits and expenses.
      • However, there is no fixed formula for successful export pricing.
      • It will differ from exporter to exporter depending upon whether the
      exporter is a merchant exporter or a manufacturer exporter or exporting
      through a canalising agency.
    • EXPORT ORIENTED UNIT STATUS OF THE COMPANY
      • The Export Oriented Units (EOUs) scheme, introduced in early
      1981, is complementary to the SEZ scheme.
      • It adopts the same production regime but offers a wide option in
      locations with reference to factors like source of raw
      materials, ports of export, , availability of technological skills,
      existence of an industrial base and the need for a larger area of
      land for the project.
      • The main objectives of the EOU scheme is to increase exports,
      earn foreign exchange to the country, transfer of latest
      technologies ,stimulate direct foreign investment and to
      generate additional employment.
    • EOU Unit Obligations
      • The EOUs are required to achieve POSITIVE NFE (Net
      Foreign Exchange Earning). For example if unit
      import of Rs.100 it should export for Rs.101
      • The EOUs are licensed to manufacture goods within
      the bonded time period for the purpose of export.
      • The period of bonding is initially for five years, which
      is extendable to another five years by the
      Development Commissioner.
    • COMPANY REGISTRATION WITH EXPORT PROMOTION COUNCIL OF INDIA
      • All the units which are engaged in export should be
      register with respective Export Promotion Councils.
      Likewise, Akbar Corporation Ltd., is registered with
      Export Promotion Council of Handicrafts (EPCH).
       
      • EPCH is work under Development Commissioner of
      Handicraft, Government of India.
    • GREEN CARD HOLDER FIRM
      • To promote EOU, Government of India is
      issuing Green Card to all the EOU.
      • The benefits of the Green Card is that EOU
      gets special treatment in all the government
      offices in which it requires permissions.
    • FINDINGS
      • Quality and design of the product are most
      important factors for increasing in sales.
      • Day to day expand the business in foreign
      market.
      • It is green card holder firm promoted by
      export oriented units and Gov’t of India.
      • Company is working under the dynamic
      leadership of Mr. Akbar Qayyum, Chairman &
      Managing Director.
    • CONCLUSION
      Akbar Corporation limited is good position in this period and good running in the export sector. It makes many types of product like as totally handicraft product. No sell in India only export out of country. It is Handicraft product manufacturing company. Its export manager have lot of experience in export field.
       
      I got lot of knowledge about export procedure and how to manage in Organization
    • THANK YOU
      BY-
      ACL
      MOHD SHARIQ