Any meat business sees export as a lucrative opportunity. Small scale or new businesses in India feel exporting meat is a hard task to accomplish. In reality, initial paperwork requires your highest attention, approaching buyers and shipping is not at all a cakewalk.
Sometimes people are clueless on how to even start with any new venture. Below we have gathered all the information, step-by-step for your better understanding of meat export. This will help you draw your plan of action, effectively.
Foremost, before commencing export, you need to get your paperwork on point. The two most important requirements are
- Company registration – it is a certificate issued by the govt. of India, which signifies your business credentials and authenticity. Registration certificate has all your company details, address, owners, etc. in one place. It just signals, your business is genuine and any transaction you make is recorded by the government. Anyone looking to purchase from overseas needs such documents, as they wouldn’t physically visit you and can trust you if government-issued certifications are complete.
- IEC code– also known as the import or export code, with company certification this is a code issued to you by the foreign trade department. IEC code is a number issued to you and all your foreign transactions are recorded against this assigned number. It is a 10 digit code with lifetime validity. Getting an IEC code is an inevitable step before exporting meat.
- Meat export license- the third most important certificate for exporting meat is the meat export license. It is issued by the department of agriculture, water and Environmental grants. The department ensures all the guidelines are followed as meat export has numerous standards to abide too. Gulf countries don’t entertain suppliers without the meat export license.
To apply for all the three certificates you require, the company’s pan no., Aadhar card, canceled cheque, and business premises rent or ownership proof. You can apply for a company, certificate, meat license, or IEC code by simply visiting the GST website and Directorate General of Foreign Trade | Ministry of Commerce and Industry | Government of India respectively.
Once your paperwork is complete, the next step is to approach potential buyers. To export, you need to select a target market, where demand for meat is high. Right after you’ve understood the high need markets, you have to approach the buyers.
You can look online, buy importers’ data, email buyers, call them or if you feel sure that things will materialize, you can visit. These are a few, old-age ways to approach buyers globally.
You explain your meat quality, explain the production, raw material source, and discuss price points. Single-handedly doing all this can be tedious or hiring a resource can burn a hole in the pocket.
A company, Tradologie.com is making the buyer-approaching process easy for you. They digitally connect buyers and sellers all at one platform, without constant emailing or calling for follow-up.
A well-designed portal is all you need, after registration as a verified supplier they connect you with multiple buyers live, worldwide. You can explain all the aforesaid information to the buyers without sending a series of such emails.
Such rapid communication with buyers is very fruitful, generally, if the communication is delayed chances are buyers forget about your deal or miss emails/calls but if you are dealing live, the deal will commence immediately.
Shipping and payments approach:
After you’ve managed to attain the order, the next step is sending in the samples for approval. It is the most crucial step of the deal because if the buyer’s requirements are not matched, orders can be revoked. Succeeding to this, It is advisable to discuss payment terms.
In domestic orders, payment terms are usually discussed later but when you are dealing abroad, payment terms are stated before processing the order. Credit risk is a possibility in export orders, ask for advanced payments or a letter of credit to assure the genuineness of the buyer
Following the payment terms and quality inspection, you process the meat order, exporting meat can be tricky due to the Perishing nature of the commodity. To lower the shipping risk, opt for shipment insurance, check for quality, and choose palletized containers. These few steps will ensure the meat is preserved properly, in transit.
The buyer base is authentic however to secure the supplier they ask for advanced payments and release them after shipment delivery. Even guidance with the preferred shipping ports and delivery options is thoroughly available with them.
The preceding is the basic hierarchy you need to follow to start exporting meat from India. We’ve also tried to help you with proven alternatives like tradologie, for setting up your meat export business with more ease.
Exporting isn’t tasking but it is a vigilant job, assistance is mandatory and companies like tradologie have a structure to support your bigger dreams.