Over the recent years, India has experienced remarkable growth in its export industry, particularly standing out as a key player in the electronic export sector. Notably, India has not only secured its position as the world’s second-largest mobile manufacturing country but has also emerged as a major exporter of electronic products globally. The country’s share in the global electronic industry export has surged from 1.1% to 1.8% within the last five years, significantly contributing to the economic impact of the Make in India initiative.

This blog aims to provide a concise overview of the electronic export industry in India and outline the eligibility criteria for new exporters aspiring to contribute to and be part of India’s flourishing growth narrative.

How to export electronic goods from India

Commencing an export-oriented business in India mandates the fulfillment of several conditions and the acquisition of various licenses and grants from the government. These include:

1. Registration cum membership certificate from DGFT
2. Importer exporter code registration
3. GST registration certificate
4. Quality assurance certificate from BIS (Bureau of Indian Standards) in the case of manufacturers
5. Proof of business, such as the company incorporation certificate

These prerequisites are essential steps that entrepreneurs must undertake to initiate an electronic and computer software services export business from India.

How can Auriga Accounting help?

At Auriga Accounting, we recognize the distinct challenges and opportunities inherent in the export industry. Drawing upon years of experience and specialized expertise in this field, we have assisted numerous clients in confidently establishing and expanding their businesses. Our dedicated team of professionals is committed to delivering comprehensive services that encompass every facet of exporting electronic and computer software products.

Remaining abreast of the latest trends and regulations in the industry is a priority for us, ensuring that our clients receive the most current and accurate information. With a proven track record of success, you can rely on our knowledge and resources to guide you toward your goals. Whether you are a small startup or a large corporation, we offer tailored solutions to address your unique needs and keep you at the forefront of the competition.

Partner with us, and let our expertise help you unlock the full potential of your business.