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FAQ

Which is the most profitable product to import from China and sell in India?
i dont know how many of the answer given by experts here has IMPORT anything from China and sold in India???????, but none of the answer below is close to practical and reality of Import, You bring anything from China and you will get profit, JUST do following*Dont use alibaba. com, just pick up first flight to China, visit Shenzhen for Technical product like electronic gadgets, Gongzhou (Canton) for big machineries, hardware, furniture and so. if you want to import small commodity like household things and all then visit Yiwu, there is no substitute for the china visit, it will cost you 60k to 1lac, for visit, that way you can reduce the cost of the product means higher percentage of profit,* Find out wholsaler in India whome you can sale the product dont try to sell in retail by yourself.*whatever you buy, buy in bulk like FCL ( FULL CONTAINER LOAD) that way you will get price advantage.*In India we see goods which is hardly 2%of the total types of goods in the same categories like the 12gear bicycle which cost 300Rmb, (3000)in china is getting sold in India for 15000+, now if china having 1000types of cycles then we see hardly 10 types in India and we consider that china has this much variety only, so pickup maximum types of products under same category.In china everybody is wholesaler so you dont need to worry at all, just bargain for best priceand dont follow anybody just visit mumbai market like manish market or so then take decisionvisit http://www.cina2india.in
How do I get export orders?
In order to get an export order one has to meet the buyer or communicate with them over internet, telephone or via physical exchange of letters.Once the terms of the contract for sale purchase is finalized the exporter has to start executing the export order. He has to ensure that he has import export number as issued by DGFT, government of India.He has to also arrange a good Clearing and forwarding agent who can ship he is goods to the buyer in the foreign country.Once the exporter has packed the goods, is ready to ship the good as per the Contract. You should contact the Clearing Agent and sign the exporters declaration form online declaring the value of the goods and the name of the buyer and the quantity and the and the ship through which the good will be sent.The customs will verify the declaration and ensure its clearance by allowing shipment to be exported.once the shipment is put on the ship the shipping company will issue a bill of lading which along with the EDF issued by custom , invoices, insurance and other documents will be submitted to the bank for collection and realisation of the same.once the payment comes from the buyer the bank will credit the foreign exchange in INR or foreign currency as per the instructions of the exporter and NOC of the invoice in their collection register as paid.
What are the easiest ways to import goods from China?
Suppliers present around the globe offers a wide range of goods that could match the terms of your business. You can also find low-priced supplies, giving you a competitive vibes, or new suppliers that allow you to sell a completely different product.While importing there is a number of things you will have to look after. This may varies from managing long-distance relationships to create international transport and customs clearance.1) Plan your import objectives Before starting your importing experience, it is a good idea to be clear about what you wanted to achieve. You may be looking China to find an inexpensive source of supplies, or to import products that are not available to sale your customers. At that same time importing should fit in with your overall business plan. 2) Identify a good, legitimate and reliable supplier Analyze the supplier is credit deserving or can meet your quality standards. You should evaluate your product quality and analyze that the goods you purchase are suitable or not. You have to know whether the supplier outsources any work to subcontractors. You also have to understand the culture of the Chinese market to develop a strong relationship with your suppliers. Mandarin the official language in China is becoming a most important language nowadays. By putting an effort to learn few short phrases in Chinese can help to establish mutual confidence. 3) Bargain the right deal By understanding your own strengths and weaknesses, and about your supplier's preferences, will helps you to bargain the best deal. Chinese believe that the potential business partners should develop a relationship and, if successful, commercial transactions will follow. The objective of developing close relationships is to build what the Chinese call guanxi, which are basically social and business connections based on mutual interest and advantage. 4) Reduce risk by having a clear contract it is very important to have a crystal clear contract setting out completely what payment and delivery methods you have to agree on. If you are using internationally agreed on Incoterms (International Commercial Terms) helps to decrease the risk of delivery problems or misunderstandings. The contract should also cover which payment is required, when and in which currency, and what payment method is applicable.5) Choose which method of transportation you are going to use When you are choosing that how you are going to import, then you have to decide whether to handle management by yourself, or outsource the work to a shipping forwarder.While importing from China the main ways are air and sea. If your business needs to transport bulk quantity but there is no burden to deliver quickly, shipping by sea may be the right option.6) Check if you need an import license May be you need an import license to import goods from China into other countries. There are import controls on a wide range of different goods.7) Online trading portals If you want to work smartly there is a way which helps you to grow your business smartly. Online trading portals is the offering you the platform to live your import, export experience. Here are some leading trading portals which will help you to grow your business globally.1.DHgate:The fastest growing wholesale and e-commerce website. This platform has almost 30 million products and 5 million customers in 277 countries. Having association with some of the renowned brands such as American Express, DHL, FedEx, MasterCard Visa and UPS, this particular platform guarantees you the success and expansion of your business.2. Global sources:This online business portal is the chief facilitator of trade with Greater China and is actually based in Hong-Kong. With a substantial amount of experience of over 46 years, this platform is known to have achieved the association of 94 of the top 100 retailers and wholesalers of the world.3. eWorldTrade:eWorldTrade started its operations almost a decade ago. The secondary branch of the company is operated from the USA while it has its branches are in different. This digital platform has associations with a considerable amount of over 500,000 business suppliers, traders, and buyers from around the globe.4. Indiamart:The platform is based and operated from India and in a few years has become one of the largest and fastest growing digital business platforms of India. The success of this portal is evident from the fact that Indiamart holds 60% of the market shares of online businesses currently running and operating in India.5. Alibaba:Developed in the late 90’s, this company is based and operated from China. With a widespread network of millions of well-connected businesses, traders and industries Alibaba has become a huge online business portal.6.Made-in-China:The origins of this online business platform are in China and it is run by Focus Technology Co. Ltd. Made-in-china mostly trades in markets and industries of Taiwan and China.