The document discusses export houses in India. Export houses are registered exporters that promote non-traditional exports and help small businesses export products. To qualify as an export house, a company must have an export turnover between 3-7 crore rupees annually and achieve a minimum 20% growth rate. Export house certificates are valid for 3 years and can be renewed after that time period to continue receiving export benefits and facilities. The objectives of export houses are to promote exports, ensure fair prices for farmers, and arrange for storage, packaging and processing of exports.
3. EXPORT
• Exports divided into
• SELECT Product
( non traditional products engineering
goods , leather etc )
• NON SELECT Product
( Traditional items )
• Export Turnover : Between 3 crore to 7 crore
• Annual Growth Rate : Minimum 20%
4. • Export House is defined as a registered exporter
holding a valid Export House Certificate issued by
the Director general of Foreign Trade in India.
Export House in India
•Origin – 1958 , for the development of specialized
agencies for the promotion of non traditional
items
•The initiative was necessary to help the small
scale sector in the export of their products
5. OBJECTIVES OF EXPORT HOUSE
ï‚—To make available supplies of essential commodities to
consumers at reasonable prices on a regular basis.
ï‚—To ensure a fair price of the produce to the farmers so that
there may be an adequate incentive to increase
production.
ï‚— To minimize violent price fluctuations occurring as a
result of seasonal variations in supply and demand.
ï‚—To arrange for supply of fertilizers and insecticides.
ï‚— To undertake the procurement and maintenance of buffer
stock and their distribution whenever and wherever
necessary.
ï‚—To arrange for storage, transportation, packaging and
processing.
6. Validity period
ï‚—Export House/ Trading House/ Star Trading House/
Super Star Trading House Certificate shall be valid for
a period of 3 years starting from 1st April of the
licensing year ,unless otherwise specified.
ï‚— On the expiry of such certificate, application for
renewal of status certificate shall be required to be
made within a period of six months.
ï‚—During the said period, the status holders shall be
eligible to claim the usual facilities and benefits..
7. Conclusion
ï‚—Export houses better take care of the buyers
specifications and provide them good quality
products.
ï‚—Exporters should invest in technological tools, and
come at par to compete with their foreign
competitors.
ï‚—Export trading houses export large volumes of
products from many sources of lower unit costs
through established networks of overseas offices.