The Best Ten Profitable Import Export Business Opportunities in India
start an import export business? Then below are the top
ten profitable import export business opportunities in
India.
Owing to the booming demand for both export and
domestic consumption, India offers huge profit potential to
ten profitable import export business opportunities in
India.
Owing to the booming demand for both export and
domestic consumption, India offers huge profit potential to
savvy entrepreneurs who have keen eyes for opportunities
and the zeal to go after them.
Whether you have been looking to sell India-made
products in foreign countries or import consumer goods
that are in high demand, there are several import export
business opportunities in India that you can tap from.
This article critically looks at ten of the most lucrative
import-export business opportunities in India, in no
specific order.
Top 10 Profitable Import Export Business
Opportunities in India
1. 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, ranging from agriculture to
manufacture of drugs. You can tap from this opportunity
by starting a business that exports organic chemicals out
of India.
2. Electrical machinery and equipment (import)
The demand is booming in India for electrical machinery
and equipment as well as their spare parts and
accessories. 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.
3. 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. You can
convert this reality into cool cash by importing iron and
steel and selling to India manufacturers who require these
metals.
4. Pharmaceutical products (import)
Although natural and alternative health has taken a large
chunk of medicine in India, the demand for
pharmaceutical products is still on the high side. 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.
5. Natural or cultured pearls and stones (export)
India is widely known for the production of beautiful
natural or cultured pearls, precious or semi-precious
stones, and jewelry coated with precious metals. You can
take a plunge into the world of exporting with this
opportunity. There is huge demand in foreign countries
for jewelries of Indian origin. This option is particularly
suitable for those with little investment capital.
6. Cotton (export)
Cotton is one of the most abundant agricultural products
in India. Ironically, it is in huge demand in many other
countries of the world. So, you can start a business that
exports cotton from India to neighboring countries as well
other countries in Europe, Asia, or even the Americas. 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.
7. 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.
However, you must bear in mind, however, that this
option might require huge capital.
8. Live trees and other plants (import)
Due to the rapid urbanization going on in India, many
natural resources, particularly agricultural assets, are
destroyed on a daily basis. Conversely, however, the
demand for live trees, bulbs, roots, cut flowers, and
ornamental foliage has remained on the high side. So, if
you have a good background in handling plants, you can
make lots of profit by importing plants and trees that are
in huge demand in India.
9. Tobacco and tobacco products (import)
Although tobacco is generally know to be dangerous to
health, the addiction that comes with its consumption has
only helped to maintain the increased demand for
cigarettes and other tobacco products. While many will
frown at this option, the truth remains that tobacco and
its products sell well in India, and you can make a fortune
from importing them.
10. Import of seafood (import)
Tons of seafood, such as fish, crustaceans, mollusks, and
so on are consumed in India on a daily basis. Ironically,
however, indigenous suppliers cannot cater to the huge
demand for these products, leaving open a window of
opportunities for importers of seafood.
While there are more-than-countable import and export
opportunities in India that you can tap from, you would
hardly go wrong with the 10 discussed here. However,
you must bear in mind that you will need to conduct
extensive research on any market before taking a plunge.
Whether you have been looking to sell India-made
products in foreign countries or import consumer goods
that are in high demand, there are several import export
business opportunities in India that you can tap from.
This article critically looks at ten of the most lucrative
import-export business opportunities in India, in no
specific order.
Top 10 Profitable Import Export Business
Opportunities in India
1. 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, ranging from agriculture to
manufacture of drugs. You can tap from this opportunity
by starting a business that exports organic chemicals out
of India.
2. Electrical machinery and equipment (import)
The demand is booming in India for electrical machinery
and equipment as well as their spare parts and
accessories. 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.
3. 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. You can
convert this reality into cool cash by importing iron and
steel and selling to India manufacturers who require these
metals.
4. Pharmaceutical products (import)
Although natural and alternative health has taken a large
chunk of medicine in India, the demand for
pharmaceutical products is still on the high side. 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.
5. Natural or cultured pearls and stones (export)
India is widely known for the production of beautiful
natural or cultured pearls, precious or semi-precious
stones, and jewelry coated with precious metals. You can
take a plunge into the world of exporting with this
opportunity. There is huge demand in foreign countries
for jewelries of Indian origin. This option is particularly
suitable for those with little investment capital.
6. Cotton (export)
Cotton is one of the most abundant agricultural products
in India. Ironically, it is in huge demand in many other
countries of the world. So, you can start a business that
exports cotton from India to neighboring countries as well
other countries in Europe, Asia, or even the Americas. 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.
7. 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.
However, you must bear in mind, however, that this
option might require huge capital.
8. Live trees and other plants (import)
Due to the rapid urbanization going on in India, many
natural resources, particularly agricultural assets, are
destroyed on a daily basis. Conversely, however, the
demand for live trees, bulbs, roots, cut flowers, and
ornamental foliage has remained on the high side. So, if
you have a good background in handling plants, you can
make lots of profit by importing plants and trees that are
in huge demand in India.
9. Tobacco and tobacco products (import)
Although tobacco is generally know to be dangerous to
health, the addiction that comes with its consumption has
only helped to maintain the increased demand for
cigarettes and other tobacco products. While many will
frown at this option, the truth remains that tobacco and
its products sell well in India, and you can make a fortune
from importing them.
10. Import of seafood (import)
Tons of seafood, such as fish, crustaceans, mollusks, and
so on are consumed in India on a daily basis. Ironically,
however, indigenous suppliers cannot cater to the huge
demand for these products, leaving open a window of
opportunities for importers of seafood.
While there are more-than-countable import and export
opportunities in India that you can tap from, you would
hardly go wrong with the 10 discussed here. However,
you must bear in mind that you will need to conduct
extensive research on any market before taking a plunge.
Comments
Post a Comment