When was the last time you had your lunch or dinner without rice? Indian dishes are primarily made with its basic foods. These include wheat, rice, lentils, and cereals. Rice and wheat are two types of cereals that India holds a grip on.
Basmati rice is one of India’s most popular exports. Iran, Saudi Arabia, Iraq, Kuwait, the United Kingdom, and others are among the major importers of Indian Basmati rice and Wholesale rice suppliers in India.
If you’re looking for profitable import-export business ideas, the rice export industry can be a good place to start.
But Why Export Industry?
The process of importing and exporting goods and services has changed drastically in recent years.
Presenting You The Rice Export Action Plan in Few Steps
The basic stages for launching a rice export business in India are as follows:
- REGISTER YOUR BUSINESS FOREMOST- The first step is to get your business registered. A sole proprietorship, partnership firm, trust, or limited liability partnership (LLP) can all be used to launch an import and export business. After you’ve made your decision, you’ll need to register your business. The registration procedure takes roughly 20 days to complete.
- APPLY FOR IEC CODE- After you’ve successfully registered your business, you’ll need to obtain an IEC code. Any company that wants to undertake import and export trade must have this. The IEC application process is quite simple. You can apply for an IEC code online using the DGFT webpage. For this, you’ll need the following documents:
- READY FEES- You must prepare the payment request for the application fee.
- BANK CERTIFICATE- A banker’s certificate is the next important document you’ll require
- CHOOSING YOUR TARGET COUNTRY FOR RICE EXPORTS- While submitting an application for IEC registration, you must also conduct market research. The names of the countries that import rice from India should be on your shortlist.
- CREATING A WEBSITE- Without a website or a forum, a networked import/export corporation cannot exist. Get a platform that can assist you in establishing an internet presence and expanding your business.
- GET READY FOR STARTING THE BUSINESS-You can start your import and export business of rice in India after following all the above mentioned steps.IEC and RCMC releases take five to seven days to complete and apply across all Indian branches and corporate locations. To start a virtual import/export company and keep it in the best legal and financial shape possible, you should consult with a lawyer, banker, and accountant.
How Do I Buy Rice Leads?
Don’t Worry! Global Trade Plaza has got your back. It is currently India’s most popular B2B marketplace. The website has earned a reputation for consistently keeping an up-to-date directory of rice sellers in India.
Rice Suppliers In India You Should Look Forward To:
- ROHIT EXPORTS- Bulk Rice Suppliers In India
It was founded in the year 2018 in Pune, Maharashtra. They are a well-known international distributor of excellent Basmati, Long Grain, and Medium Grain rice. They are one of India’s leading rice suppliers.
- HARYANA RICE MILLS- Rice Wholesalers In India
It is a rice mill with its headquarters in Haryana, India. It’s a mill that can handle a wide variety of rice needs. Their main goal has always been to improve their work’s quality and consistency. As a result, they are one of India’s leading rice exporters.
- HARI SHELLAC INDUSTRY- Top Rice Suppliers In India
Hari Shellac serves a large domestic and worldwide market with white and parboiled rice. They use both technology and humans to keep their industries functioning well.
- N23 INTERNATIONAL- Rice Suppliers In India
N23 International is a well-known rice-supply firm based in Ahmedabad, Gujarat, India. In order to gratify their national and international clientele, they place a high value on quality control methods. They are one of the bulk suppliers in India.