exim spices

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Export of spicesExport of spices

Group xxxGroup xxx



Promotion of brandPromotion of brand

1.1. Product and PackagingProduct and PackagingDevelopment and Bar CodingDevelopment and Bar Coding

2.2. Brand promotionBrand promotion



Product and Packaging DevelopmentProduct and Packaging Development

and Bar Codingand Bar Coding

Brand uniquenessBrand uniqueness

Brand identification and Image builder Brand identification and Image builder

Packaging with the foreign country needs.Packaging with the foreign country needs.

Details and proper bar coding.Details and proper bar coding.



Brand PromotionBrand Promotion

Media promotionMedia promotion

Promotional trips abroadPromotional trips abroad

participation in international fairsparticipation in international fairs

Market penetration strategyMarket penetration strategydevelopmentdevelopment



Spice boardSpice board

Spices Board will periodically review theSpices Board will periodically review theprogress of implementation of the scheme,progress of implementation of the scheme,expenditure, export growth etc andexpenditure, export growth etc andcontinuation of the assistance will dependcontinuation of the assistance will depend

largely based on:largely based on: i) Qualitative analysis of the brandi) Qualitative analysis of the brand

acceptance in the marketacceptance in the market ii) Stability and reach of the brand in theii) Stability and reach of the brand in the

marketmarket iii) Growth and competence of the brandiii) Growth and competence of the brand iv) Export growth in real terms.iv) Export growth in real terms.



Infrastructure developmentInfrastructure development

(1) Adoption of Hi-Tech in Spice(1) Adoption of Hi-Tech in SpiceProcessingProcessing

(2) Technology and process up-(2) Technology and process up-gradationgradation

(3) Setting-up/up-gradation of in-(3) Setting-up/up-gradation of in-

house qualityhouse quality control laboratorycontrol laboratory

(4) Quality certification(4) Quality certification



Adoption of Hi-Tech in SpiceAdoption of Hi-Tech in Spice

ProcessingProcessing

to encourage higher end valueto encourage higher end value

addition in spices processingaddition in spices processing

modern and scientific facilities for modern and scientific facilities for

ensuring food safety and qualityensuring food safety and quality

Increase value realization inIncrease value realization inInternational marketInternational market



Technology and process up-gradationTechnology and process up-gradation

To produce better products of To produce better products of

highhigh quality standardsquality standards

To match the requirements of To match the requirements of

foreign buyersforeign buyers

Improvise packing systemImprovise packing system



Setting-up/up-gradationSetting-up/up-gradation

in-house quality control laboratoryin-house quality control laboratory totopromote qualitypromote quality

facilities to undertake analysis of facilities to undertake analysis of

various parameters on quality of thevarious parameters on quality of theproducts including detection of products including detection of pesticide residues, aflatoxin,pesticide residues, aflatoxin,physical, chemical and microbialphysical, chemical and microbialcontaminantscontaminants

laboratory furnitures and other laboratory furnitures and other accessories including electricalaccessories including electricalinstallationsinstallations



Following activities will be eligible for Following activities will be eligible for

financial assistance by ‘Spice board’ under financial assistance by ‘Spice board’ under

this component:this component:

a) Accreditation/Certification of processing units for a) Accreditation/Certification of processing units for ISO, HACCP, SQF 2000, GMP traceability, FDAISO, HACCP, SQF 2000, GMP traceability, FDARegistration etc.Registration etc.

b) Validation and standardization of check samplesb) Validation and standardization of check samples

sent abroad.sent abroad. c) Imparting training for laboratory personnel.c) Imparting training for laboratory personnel.

Under this component, cost of Under this component, cost of accreditation/certification of processing unitsaccreditation/certification of processing units(including renewal), cost of analytical charges for (including renewal), cost of analytical charges for

validation/standardization in laboratories abroadvalidation/standardization in laboratories abroadand charges/expenses for upgrading technicaland charges/expenses for upgrading technicalknowledge of laboratory personnel of the exportersknowledge of laboratory personnel of the exportersin reputed international laboratoriesin reputed international laboratories preferablypreferablyapproved by USFDA, EU etc.approved by USFDA, EU etc.



Quality certificationQuality certification

Validation of check samples.Validation of check samples.

Training of Training of laboratory personnel.laboratory personnel.



Sampling and stuffingSampling and stuffing

Intimate Spice BoardIntimate Spice Board

Create list / details of sample goodsCreate list / details of sample goods

No charges levied on samplingNo charges levied on sampling



Scale of assistance by ‘Spice Board’Scale of assistance by ‘Spice Board’

All exporters having valid CertificateAll exporters having valid Certificate

of Registration as Exporter of Spicesof Registration as Exporter of Spicesfrom the Spices Board and alsofrom the Spices Board and alsohaving an investment of a minimumhaving an investment of a minimumof Rs.50.00 Lakhs (except for groupsof Rs.50.00 Lakhs (except for groups

of certified organic growers having aof certified organic growers having aminimum of 50minimum of 50 members) are eligiblemembers) are eligiblefor availing the assistance.for availing the assistance.



Scale of assistanceScale of assistance

Grant-in-aid is provided to the tuneGrant-in-aid is provided to the tune

of 33% of the cost of variousof 33% of the cost of variousactivitiesactivities

subject to a maximum of Rs.100.00subject to a maximum of Rs.100.00

LakhsLakhs for general areas and 50% of for general areas and 50% of the cost or Rs.200.00 Lakhsthe cost or Rs.200.00 Lakhs



Basic types of QuotationBasic types of Quotation

F.O.B: it means “free on board” the delivery of theF.O.B: it means “free on board” the delivery of thecargo is given till the same is loaded on to thecargo is given till the same is loaded on to thevessel. All future expenses like freight, insurancevessel. All future expenses like freight, insurancewill be to the account of the buyer.will be to the account of the buyer.

C & F: It means cost & freight. The price includesC & F: It means cost & freight. The price includeseven the freight charges till the destination. Theeven the freight charges till the destination. Thebuyer has to bear only the insurance and other buyer has to bear only the insurance and other delivery charges etc at the port of destination.delivery charges etc at the port of destination.

C I F : it means cost, insurance and freight. TheC I F : it means cost, insurance and freight. Theprice includes all expenses till the port of price includes all expenses till the port of destination.destination.



Major Methods of PaymentMajor Methods of Payment

Cash-in-AdvanceCash-in-Advance

Letters of Credit Letters of Credit

Documentary CollectionsDocumentary Collections

Open Account Open Account



Cash in advanceCash in advance

With this payment method, theWith this payment method, the

exporter can avoid credit risk, sinceexporter can avoid credit risk, since

payment is received prior to thepayment is received prior to thetransfer of ownership of the goods.transfer of ownership of the goods.

There are three types of cash- inThere are three types of cash- in

advance- payment method: wireadvance- payment method: wire

transfer, credit card, and payment bytransfer, credit card, and payment by

cheque.cheque.



Letter of CreditLetter of Credit

Letters of credit (LCs) are among theLetters of credit (LCs) are among the

most secure instruments available tomost secure instruments available to

international traders. An LC is ainternational traders. An LC is acommitment by a bank on behalf of commitment by a bank on behalf of

the buyer that payment will be madethe buyer that payment will be made

to the exporter provided that theto the exporter provided that the

terms and conditions have been met,terms and conditions have been met,as verified through the presentationas verified through the presentation

of all required documents.of all required documents.



Documentary collectionDocumentary collection

A documentary collection is aA documentary collection is atransaction whereby the exporter transaction whereby the exporter entrusts the collection of a paymententrusts the collection of a payment

to the remitting bank (exporter’sto the remitting bank (exporter’sbank), which sends documents to abank), which sends documents to acollecting bank (importer’s bank),collecting bank (importer’s bank),along with instructions for payment.along with instructions for payment.Funds are received from the importer Funds are received from the importer and remitted to the exporter throughand remitted to the exporter throughthe banks involved in the collectionthe banks involved in the collectionin exchange for those documents.in exchange for those documents.



Open AccountOpen Account

An open account transaction means thatAn open account transaction means thatthe goods are shipped and deliveredthe goods are shipped and deliveredbefore payment is due, usually in 30 to 90before payment is due, usually in 30 to 90days. Obviously, this is the mostdays. Obviously, this is the most

advantageous option to the importer inadvantageous option to the importer incash flow and cost terms, but it iscash flow and cost terms, but it isconsequently the highest risk option for anconsequently the highest risk option for anexporter. Due to the intense competition for exporter. Due to the intense competition for export markets, foreign buyers often pressexport markets, foreign buyers often press

exporters for open account terms since theexporters for open account terms since theextension of credit by the seller to theextension of credit by the seller to thebuyer is more common abroad.buyer is more common abroad.



Thank you!Thank you!

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