It all started with a question as to why the trade deficit of India is so significant(USD 12.12 billion as of November 2019)? Even after India being such a diverse market place why aren't Indian exporters able to sell goods overseas?
Let's see what Government of India Ministry of Commerce & Industry has to say about this, according to them,
The key difficulties faced by an Indian exporter are -
- Technical and non-technical barriers to trade such as Sanitary and Phyto-Sanitary (SPS) standards imposed on agricultural items and quality standards on manufactured goods.
- Tariff advantages to the exporters of competing countries in key export markets due to trade agreements between their countries and destination countries/regions.
- Higher logistics and financing costs for Indian exporters.
Logistics in India is a USD 215 billion market and its been there since ages if Exporter says that Logistics is still one of the key issues they face while selling goods across borders - I say we change it.
Our mission is to create an online market place for local manufacturers/traders and provide an end to end logistical support to help them get their goods delivered anywhere in the world.