Indian Exporters should Learn to Live Without Exports

This entry was posted on Tuesday, December 12th, 2017 and is filed under Cashew, Cashew Market, Cashew News, Cashew Prices.

Indian domestic price for W320 is ₹8100 – ₹8200/10 kg/ including GST/Goa-Mangalore but exporters get only ₹7600/including tax, interest and other benefits for the same quantity.

Small-scale processors have enough local buyers but Large-scale is still depending on the global demand in the white wholes category.

In the pieces group, Indians get 15 – 20 percent more when they sell in the domestic market. This is the difference between India and Vietnam.

If the loss is around 7% in the export of white wholes like W320, W240 etc, why this kind of export? 

– Problems of High denomination currency ban is over. GST has become simple and profitable. Online retailers and corporate retailers are emerging as bulk buyers.

– Business strategy needs some changes when the change is the need.

 

 

 

 

 

 

Filed Under: Cashew, Cashew Market, Cashew News, Cashew Prices