- Country: India
- Industry: Wholesales Trade
- Stage: Start-up
- Investment size: $50,000 / min. $10,000
- Type of investment: Debt
We are licensed to do business in Trade and Export of handicraft items manufactured by local craftsmen in India, as well as Marble, Granite and wood carvings and silk.
I have set up a company and secured entry level licenses as well as Importer-Exporter code number (IEC), service tax code, sales tax registration, central excise registration, etc. I am a merchant exporter, in process in selling Indian made crafts items through web page as well as through bulk export orders vide irrevocable, confirmed L/C. And web selling through gateway account connected to my company current account.
I have 21 years of practical experience in the field of Export-Import trade. With me there are a good-experienced group of professionals to run web-related matters, a Customs House Agent, as well as packers, movers and best if the industry crafts men from the Silk district of Murshidabad in West Bengal, India.
The main working process of my business has two options. One: to sell products ordered and paid through gateway accounts. Second, procure bulk export orders and send consignments through Sea/Air ports.
It is a lucrative business and has a good investment return.
I would like to avail business loans for five (5) years and so on, as investors deem fit. I would like to calculate profit and loss account each year, as per India Govt. Income Tax rules directions and share the information with the investors. Pay-out interests/profit over the invested money annually and reassess for further investment requirement and options.
I want to avail foreign investments without violating any of the prevailing Govt. norms prescribed by Reserve Bank of India (RBI).
I am an Arts Graduate, 40 years young with a varied practical and theoretical experience in the field of International trade as well as in handicrafts. I am also versatile with using computers, websites designing, products designing and photography. I am aware of all Indian laws pertaining to the business.
Use of financing
We will use the finance for providing the products of supply.
Opportunity for the investor
I will be in a position to share 40% of my profit, after tax deductions, calculated on yearly basis. From 1st of April each year to 31st of March the next year. As per Income tax rules in India.
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