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Investor Presentaiton

EXPORT PROCEDURE FLOW CHART Top Countries percentage contributing to Telangana's merchandised exports for 2019-20 Prepare a Business Plan Select a name for organization Registration under Company Act Product selection for Export Market Research Product Evaluation Open a bank account 59.06 28.2 5.57 3.63 3.54 Registration with Director General of Foreign Trade to get IEC number Registration with the relevant export promotion council Market Identification Registration with Sales Tax Office Need Analysis Agents/Distributors/ Wholesalers/End Channel Selection Users/Sales Reps Registration with Export Credit Guarantee Corporation Registration with relevant Chamber of Commerce to get certificate of origin USA China Russia UAE United Arab Emirates Others Agreeing upon pricing, document, freight charge, currency, delivery etc Signing of contract Determining the payment terms Advance Payment/ Letter of Credit (LC)/ Open Account Importer sends purchase order Production Packaging, warehousing Bank sends docs to importer's bank. Submission of docs to banks payment is done Certificate of quality control Transportation Maritime / Air / Road/Rail Insurance certificate, shipping bill, Mate's Receipt, Bills of lading, Airway bill, Packing list, customs invoice etc Prepare marine, air, and docs Pink Book Telangana 2021 - 19
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