(PDF) The Trend Analysis Export of Spices in India

Added on - 03 Jan 2021

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PDS SPICES FROM INDIA TOCANADA
TABLE OF CONTENTSBackground.....................................................................................................................................1Shipping terms............................................................................................................................1Packaging and labelling.............................................................................................................1Channel structure in the domestic and foreign markets..............................................................2Import license and Inspection cost..............................................................................................2Inventory turnover rates..............................................................................................................2Inventory perishability................................................................................................................3Return and disposal practices and disposal value.......................................................................3REFERENCES...............................................................................................................................4
BackgroundPDS organic spices is a unit of Peer-made development society, its a social serviceorganisation of catholic diocese of Kanjirappally. This organisation focuses on promotingcultivation, processing and marketing of high quality organic spices to assist farmer in achievingsustainable livelihoods. This company is exporting its spices to various countries such as Canada, UK, USA etc. It exports nearly 350 MT of organic spices every year with a turnover of USD3.75 million (PDS organic spices, 2016).The report will present all the export processes PDSorganic spices needs to consider while exporting its spices to Canada.Shipping terms1.Export registration process in exporting country– It is important for a company tocomplete a one time registrations process in most of the countries in order to export itsgoods in a foreign nation (Brodie, 2013).It is done for obtaining a export license from theconcerned government department if needed in the exporting country.2.Export custom processesCustom clearance process in India – Once the products are packed for export, importantexport customers clearance documents required by exporting nation's load port customersare created. Invoice cum packing list and other necessary export documents for Indiancustomers need to be presented before movement of export cargo to customs port of thenation (India custom regulations,2017).Documents required to export from India to Canada – Custom entry document, custombond, legal undertaking, Custom declarations, Export license, Purchase order,Commercial invoice cum packing list issued by seller of the goods, certificate of origin,insurance certificate,Weight Certificate etc (Branch, 2017)..Packaging and labellingPDS organic spices add values to its products by effective private packaging and labeling,in order to export products to Canada it is important to consider Consumer Packaging andLabelling act of the country. This act consist various standards and principles related to productpackaging and its labelling (Medawar, 2015).The products by PDS organic spices are packedgenerally in stand up pouches to preserve flavor and aroma of the spices. These pouches or bagscan be categorized as following -Stand up pouches1
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