Uranium exports to India

How to Export to India?

Selectionof market for the product identified can be made in the following ways:

  • Approachthe Export Promotion Organisation concerned for advice on the market to beapproached of selected product. NormallyExport Promotion Organisations [ EPO's ] / Export Promotions Councils [EPC's] have this kind of information.
  • Makepreliminary study on the basis of information already available with EPC's /EPO's / Chambers / Trade Associations /National Council for Trade Information [ NCTI] etc. tofind out the correct and possible market.
  • Marketsurvey report for the product can be studied at the libraries of variousorganizations to know about the new market. Click on the following links : Frost Sullivan & Dun & Bradstreet (Please click here)
  • Having done theabove exercise a fairly good idea can be made about the market to beapproached.

For fixing export price, the followingelements should be taken into account.

  • Costof manufactured product.
  • Costof packing individually or in bulk.
  • Costof financing.
  • Costof Export Credit Guarantee Corporation of India Ltd [ECGC] cover
  • Costof expenses incurred on promoting / booking of order.
  • Costof documentation
  • Costof transport to the port including freight handling and other expenses.
  • Costof taxes, duties, Levy's etc. if any.
  • Profitmargin.
On total of all above the elements Freight on Board [FOB]export price will be reached. For Cost Insurance Freight [CIF] price cost offreight from the port of export to the port destination and the cost of insurancehas to be added in FOB.
Source: www.epch.in
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