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
To make available supplies of essential commodities to
consumers at reasonable prices on a regular basis.
To ensure a fair price of the produce to the farmers so that
there may be an adequate incentive to increase
production.
To minimize violent price fluctuations occurring as a
result of seasonal variations in supply and demand.
To arrange for supply of fertilizers and insecticides.
To undertake the procurement and maintenance of buffer
stock and their distribution whenever and wherever
necessary.
To arrange for storage, transportation, packaging and
processing.
6. Validity period
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.
On the expiry of such certificate, application for
renewal of status certificate shall be required to be
made within a period of six months.
During the said period, the status holders shall be
eligible to claim the usual facilities and benefits..
7. Conclusion
Export houses better take care of the buyers
specifications and provide them good quality
products.
Exporters should invest in technological tools, and
come at par to compete with their foreign
competitors.
Export trading houses export large volumes of
products from many sources of lower unit costs
through established networks of overseas offices.
