How To Make A Career In Exports
FTDC regularly plans and manages a number of seminars on export-import procedures and regulatory policies on a periodic basis. These are conducted jointly with select premier national and international trade policies and have been received with unprecedented success in relevant industry circles.
These include, among others, the following:
The growing opportunities in the world market and the wide range of facilities offered to exporters by the Government have encouraged more and more enterprises to enter the export sector. The implication of such a development on the job market is an obvious rise in the demand for export personnel. These exporting units will always require manpower, capable of marketing their products in the market abroad, on an ongoing basis. An exporter also needs to build up his export strategy, which is responsive to changes in investment decisions, trends in demand pattern etc. Thus, entering into export trade involves different phases and investment planning.
The seminar deal with all the stages of exports in a systematic and methodical manner so as to help a beginner start his business. It is equally useful for student and business entrepreneurs as well.
Import policy in India is governed by Foreign Trade Development and Regulation Act, 1992. Its main objectives in the past had been to ensure the optimum utilization of limited foreign exchange, thereby leading to domestic price stability. However, consequent upon having achieved a comfortable foreign exchange reserve position and the WTO obligations, the import policy has been substantially liberalized. As a result, the imports of many products increased significantly. Still, the imports face many procedural difficulties.
The purpose of the seminar is to make participants aware of the import policy and arm them in facing the procedural difficulties so as to enter import trade successfully.
The seminar focuses on the various financing options available to exporters. It covers various core areas including need for financing, export finance facilities available in India at different levels such as equity, working capital, research and development and marketing etc. The seminar also discusses schemes of Exim Bank, SIDBI and other commercial banks. Special emphasis is laid on pre and post-shipment financing, factoring, forfeiting and role of ECGC.
The country's Foreign Trade Policy refers to a set of policies, which govern the external sector of its economy. In India, the basic objective of the Export –Import policy is to develop export and regulate imports and is governed by the Foreign Trade (Development and Regulation) Act, 1992.
The seminar focuses on the main provisions of the current Export-Import policy 2002-2007. Special attention is paid on its relevance to the exporters and importers. The various schemes which provide facilities to exporters and where under imports can be made are also discussed. It also provides all participants with the all important opportunity for updating their knowledge regarding imports and exports.
For more information on attending any of FTDC’s seminars, please click here….
