Import And Export Business Ideas

Hello brother which are the best import and export business to do, provide some ideas on type of business?

Hello buddy there are several import export business opportunities in India that you can tap from.

Organic chemicals (export)
While there is abundant production of organic chemicals in India, there is huge demand for these products in foreign countries in Europe and Asia, where they are needed for various purposes.

Electrical machinery and equipment (import)
These include sound recorders and reproducers, television image and sound recorders, and parts. If you can afford the huge capital required, you can make lots of profit importing these products into India.

Iron and steel (import)
While there are many industries in India that depend on the use iron and steel as major raw materials, the country itself does not produce these metals in abundance, which means manufacturers in India usually need to turn to foreign sources of these metals.

Pharmaceutical products (import)
There are pharmaceutical industries in India, but there are still many needs unfiled by these companies. This leaves open a window of opportunity for importers of pharmaceutical products that are in huge demand.

Natural or cultured pearls and stones (export)
There is huge demand in foreign countries for jewelries of Indian origin. This option is particularly suitable for those with little investment capital.

Cotton (export)
Cotton is one of the most abundant agricultural products in India. If you have the little capital required, you can start establishing your contacts in other countries where cotton is in huge demand, and start exporting the commodity to make cool cash.

Copper and its products (export)
You may not be able to set up a copper manufacturing industry. But you can still tap from the huge opportunities in the Indian copper industry by exporting the metal to foreign countries where it is needed for various purposes.

Import of seafood (import)
Tons of seafood, such as fish, crustaceans, mollusks, and so on are consumed in India on a daily basis. Indigenous suppliers cannot cater to the huge demand for these products, leaving open a window of opportunities for importers of seafood.

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Answered By StudyChaCha Member