How to start coir export business from India
Coir is a natural fiber that is obtained from the husk of coconut fruits. It is a versatile material that is used to make a variety of products such as mats, rugs, ropes, brushes, and other household and industrial goods. Coir is a renewable and eco-friendly material that is biodegradable and can be recycled.
India is one of the largest producers of coir in the world and accounts for over 50% of global production. The coir export industry in India is well established and has a significant presence in international markets. Exporting coir products from India can provide a good source of income for farmers and manufacturers and can contribute to the growth of the economy.
Table of Content
- Overview of coir export industry in India
- Steps for Exporting Coir Products from India
- Function of Coir Export Promotion Council (CEPC)
- Documents to be enclosed for coir export business
- How Professional Utilities can help in setting up of Coir export business from scratch?
Overview of coir export industry in India
The coir export industry in India is a major contributor to the country’s export earnings. According to the Coir Board of India, the total export of coir and coir products from India was worth USD 266.26 million in 2020-21. The top export destinations for coir products from India include the USA, Germany, the UK, the Netherlands, and France.
Steps for Exporting Coir Products from India
Obtain necessary licenses and registrations
Exporting coir products from India requires obtaining necessary licenses and registrations such as Import Export Code (IEC), Registration Cum Membership Certificate (RCMC), and Goods and Services Tax (GST) registration.
Identify the market and target customers
It is essential to identify the target market and customers for coir products. Research the demand, competition, and regulations in the target market to ensure a successful export strategy.
Identify and select coir products to export
Coir products are available in various types and grades. Identify the product that has high demand in the target market and ensure that it meets the quality standards and regulations of the destination country.
Procure raw materials and manufacture coir products
Raw materials for coir products such as coconut husks and coir fiber can be procured from local suppliers. Ensure that the manufacturing process follows quality standards and meets the requirements of the destination country.
Packaging and labelling
Packaging and labelling play a crucial role in the export of coir products. Ensure that the packaging is sturdy, and the labelling follows the regulations of the destination country.
Shipping and logistics
Select a reliable shipping and logistics provider who can handle the export process efficiently and ensure that the products reach the destination country on time.
Function of Coir Export Promotion Council (CEPC)
The Coir Export Promotion Council (CEPC) is a government agency established to promote and develop the coir export industry in India. The primary functions of CEPC include market development, export promotion, and providing support services to exporters.
CEPC provides various services to exporters such as market intelligence, export documentation, quality certification, and financial assistance for export promotion activities. Registering with CEPC can provide several benefits to coir exporters such as access to market information, export promotion activities, financial assistance, and other support services.
Documents to be enclosed for coir export business
- Importer-exporter code issued by DGFT
- Trademark certificate if available
- e-RCMC membership of coir board is mandatory
- Proof of business i,e company incorporation certificate/partnership deed
How Professional Utilities can help in setting up of Coir export business from scratch?
Over the period of time, we have helped various import-export oriented businesses in setting up their company and getting their export license with respective authorities in India. Professional Utlities is “One Stop Corporate Solution” for all your business needs. With our team of experts and legal guidance you don’t need to worry about paperwork at all.
- Provide details & documentation
- Submission of Fee
- Issunace of certificate from respective boards/council