Transit Time

By sea approx. 25 days and by air 4–5 days transit you need to consider.

Average Price of Masala in Canada Walmart Stores

2$/100gms

Average Price at time of Exporting from India

0.74 $/100gms

I.e. 56/100gms

Starting Investment

Basic Investment: 50000 INR to 100000 INR

Area Required: 250 Sq. yard

Profit Percentage: 50% to 70%

Earning: Average Sale 100Kg /Day, 50000 to 150000 per Month

Machinery Requirement

Grinding machine is necessary machinery required in spice business depending upon

the scale of industries the equipment is used. Large scale industries use Impact
Pulverizer machine while small scale industries use Double stage Pulverizer.

Other machinery such as spice grinder, weighing scale, packaging machine,

compressor, roster are also required

Documents for Exporting goods from India

IEC(Import Export Code), which is a 10 digit number , issued by DGFT(Directorate General of
Foreign Trade). It is mandatory for every type of goods to be imported/exported.
Spice Registration Certificate : This is the third step. If you want to start export business from
India, then you must have valid certificate of registration as exporter of spices(CRES), issued by
Indian spices board.
Phytosanitary Certificate : Like CRES, it’s an another mandatory certificate. It is basically an
official document which is used to test the consignments of plants or plant products, assuring the
plants or plant products are free from pest and free to use. It is issued by the plant protection
organization of a country which has to export to the plant protection organization of import country.
Authorized Dealer(AD) Code : Authorized Dealer Code is a letter receiver from your bank
mentioning the bank’s authorized dealer code.When you start an operation with a new port you must
have the AD code which is a 14 digit number. For AD code, you first need to open current account.

Export Customs clearance documents

Customs Entry document: (specified by Exporting country customs) prepared by exporter’s

customs broker or exporter

Customs declarations wherever applicable: Exporting country’s export customs clearance

declarations as per specified format of Exporting country’s government.

Export Licence if applicable to be obtained from government agency of Exporting country.

Purchase order or Letter of Credit between Exporting country’s exporter and overseas buyer of
goods.
Commercial Invoice cum packing list issued by seller of goods
Certificate of Origin issued by competent authority of origin country of goods.
Insurance Certificate issued by the government authorized insurance service provider

Certificates of Inspection if applicable: Some of the importers demands exporter (seller) through
LC or Purchase order to inspect export goods to Exporting country by an internationally recognized
inspection agency like SGS, BVQI, or other Quality inspecting agency etc.