An Overview Of Indian Rice Export Business
When it comes to rice exportation, India dominates the global market. The reason is simple, we are the largest producer of this rice due to favorable climatic conditions - hot and humid, exactly what the crop needs in abundance to grow. There are hundreds of varieties that are cultivated every year but the best rice exporters in India sell Basmati Rice due to its unique aroma, amazing flavour and long grain that makes it people's favourite food throughout the world. It is undoubtedly the lucrative business, but like other businesses it has to follow certain protocols as per Indian law before supplying any amount of commodity from one nation to another. 1. Registration of the company Rice exporting companies in India are registered under the Trademarks Act, 1999. Be it sole proprietorship or partnership business, registration is must, and once that is done, you can commence with other formalities like opening of a bank account where all the financial transactions can take pla...