Exporting fruits to India is one of the greatest job opportunities for Iranians. Our neighbor, India, often tends to be the first destination for many Iranian fruit exporters in search of export markets. Since we have a similar language, shared culture, and our excellent economic relationship with India, new and established exporters are constantly attracted.
In spite of some conditions like environmental degradation, significant overpopulation, extensive poverty, and widespread corruption India has had good growth in economics since 1991. What even makes India emerge as a global power is its massive youthful population. Almost 60% of the people of India depend on agriculture as a source of income, so it is considered to be an agrarian country. A vast array of agricultural products and products from India is exported worldwide. Aside from these factors, India’s diversified economy and increased global role make it an ideal export source for Iranian exporters.
The opportunities of exporting to India
There is often tremendous potential for profits than challenges with exports to India in many cases. A strategy should be developed in a way that minimizes the risks by identifying and cultivating business opportunities. Increased population demands new industries, infrastructure, and more. The following sectors are considered to be the most promising in India:
- Chemical
- Safety and security
- Education services
- Travel and tourism
- Energy
- Agriculture sector
- Healthcare
- Information and communication/ digital technology
- Environmental technology
- Mining and mineral processing equipment
- Environmental technology
- Aerospace and defense
Challenges of exporting fruits to India
There are notable barriers faced by exporters when exporting fruits to India. It is vital for exporters of all sizes to plan carefully and seek agencies’ aid as they enter the Indian market. The India Country Commercial Guide notes the following challenges:
Protectionist policies and high tariffs
The regulatory and tariff environments that investors and exporters face tend to be opaque and often unpredictable
Price Sensitivity
India was already experiencing extreme price sensitivity even before the economic slowdown and pandemic.
Infrastructure
Significant obstacles to the country’s achieving strong economic growth include the development of roads, railroads, ports, airports, education, electrical grids, and telecommunications infrastructure. The urbanization process that is taking place in India, coupled with the rising level of incomes, has heightened the need for improved infrastructure, both to maintain economic growth and provide public services.
e-Commerce Curbs and Localization and Data Requirements
Many Iranian companies are severely impacted by the Indian government’s policy that Indian data must be processed and stored only in India. Indian lawmakers are presently considering a proposed data protection bill that would have a vast impact on Indian and international businesses. Iran’s online giants have suffered a devastating blow after sudden changes to regulations governing what companies can sell online. The new law imposes restrictions on e-commerce discounts. It prohibits companies from marketing products made by affiliated or owned companies.
Requirements for Local Content
India’s attempt to increase the manufacturing sector’s contribution to its GDP is bolstered through a local content policy in specific subjects, like ICT, electronics, and solar energy.
Intellectual Property (IP)
India’s IP protection and enforcement issues rank among the most challenging in the world.
What documents exporting fruits to India requires?
It is as critical for India as it is for any other country to prepare export documentation and procedures. Depending on your products, you may need the following documents to export fruits to India from Iran:
- Insurance policy
- Customs declaration
- Bill of lading
- Packing list
- Commercial invoice
- Performa invoice
- Sales contract
- Bill of lading
- AES filing
Export Assistance
India export opportunities are best explored by staying in a team. If you are planning to export fruits to India for the first time, or if you are already doing so but encounter challenges, you can get help from friends in the country.