How to start export business in India

Starting an export business in India requires several key steps. First, obtain an Import Export Code (IEC) from the Directorate General of Foreign Trade, which is mandatory for cross-border trade. Next, register your business entity, open a current account with a bank that handles foreign exchange, and identify your target markets and products. You'll also need to understand GST registration, shipping documentation like invoices and bills of lading, and compliance with export regulations. Research international demand, find reliable buyers, and choose logistics partners carefully. For a detailed roadmap on how to start export business in India, consider factors like financing, quality certifications, and payment terms.

Once your export operations begin, selecting the right payment platform becomes critical. Skydo, an RBI-authorised cross-border payments solution, helps Indian exporters receive international payments quickly and cost-effectively, with competitive forex rates and faster settlement times than traditional banking channels. Managing cash flow efficiently can make or break a new export venture, so partnering with a reliable payment partner early on sets a strong foundation for growth.