{"id":5743,"date":"2022-10-25T18:31:00","date_gmt":"2022-10-25T18:31:00","guid":{"rendered":"https:\/\/www.isbr.in\/blogs\/?p=5743"},"modified":"2022-11-21T18:43:40","modified_gmt":"2022-11-21T18:43:40","slug":"session-on-export-strategy","status":"publish","type":"post","link":"https:\/\/www.isbr.in\/blogs\/session-on-export-strategy\/","title":{"rendered":"Session on EXPORT STRATEGY"},"content":{"rendered":"\n<p><strong>Brief Profile of Speaker \u2013<br><\/strong>MS. Soma Choudhury, joint director and Karnataka head at the Federation of Indian Export Organizations (FIEO).<\/p>\n\n\n\n<p>She has 32 years of experience in the corporate function, previously worked as Executive<br>Assistant in a trademark and patent company and in a export division of reputed company in<br>Japanese collaboration, she\u2019s currently working with Federation of Indian Export Organisations<br>for 28 years and counting.<br><strong>Ms. Danisha Minu, <\/strong>Deputy Director at federation of Indian Export Organisation\u2019s (FIEO)<br>She has started her career as a lecturer for commerce and management she continued till 2010<br>then she joints as an audit assistant at S. janardhan&amp;associates later on 2012 she joined FIEO in<br>the post of Assistant Director and continuing.<\/p>\n\n\n\n<p><br><strong>Session 1 :-by MS. Soma Choudhury<\/strong><br>The session started with a brief introduction about how FIEO functions then got to know about<br>the benefits of foreign trade policies, how to identifying potential markets, pre-shipment,<br>shipment, and post shipment process also learnt the role of export promotion council and service<br>offered by FIEO.<\/p>\n\n\n\n<p><strong><br>Session 2: &#8211; by Ms. Danisha minu<\/strong><br>The session was constraint to the vital aspects of the importance of govt. involvement in<br>customer tariff, preferential tariff rates, social cultural aspects, the impact of govt. in<br>international trade relationship, sanctions, recession, inflation, and exchange rates. Also the ease<br>of using govt. portal which is commerce.gov.in.<\/p>\n\n\n\n<p>This interactive session has provided various insights on:<\/p>\n\n\n\n<p>Export strategies, the four w\u2019s of international trade which is \u2013Why to export, who to<br>export, what to export and where to export.<br>a) \u201d WHY\u201d- To get access to more consumers, to make use of excess production and also<br>alternative markets other than domestic market.<br>b) WHO\u201d- merchant, manufacturers, and service providers<br>c) \u201cWHAT\u201d- Free list items, Restricted items, Canalized items, state trade house, and<br>Prohibited items.<\/p>\n\n\n\n<p>d) &#8220;WHERE&#8221;<\/p>\n\n\n\n<p>Importer Exporter code: only 1 IEC is issued against 1 PAN, applying more than 1 IEC is<br>violation of govt. rule.<\/p>\n\n\n\n<p><strong>HS CODE:<\/strong> Harmonized System (HS) Codes are commonly used throughout the export<br>process for goods. The Harmonized System is a standardized numerical method of<br>classifying traded products. Ex- 08081000 For international, for national 00 00 00.<br>Use of govt. portals for import &amp; export activities such as commerce.gov.in.<br><br><strong>Learnings from the event:<\/strong><br><\/p>\n\n\n\n<ol class=\"wp-block-list\"><li>Function of FIEO<\/li><li>Import Export code<\/li><li>Identify potential market for the product<\/li><li>Pre-shipment, shipment and post shipment processes<\/li><li>Subsidies provided by govt. of India<\/li><li>Govt. portal and ease of using it. Niryat-Mitra App.<\/li><\/ol>\n\n\n\n<p>Certifications- RCMC (Registration com Membership certificate, B.G exemption<br>certificate.<\/p>\n\n\n\n<p><strong>Feedback from student:<\/strong><br>The session was very engaging and insightful. The best part was when the resource person<br>demonstrated the govt. portals and showed students-way of using it, she stated that the portals<br>were designed in such a way that anybody with little knowledge about the domain can use it, the<br>person only needs to fill the boxes with few detail and rest the portal will display the required<br>information.<\/p>\n\n\n\n<figure class=\"wp-block-pullquote\"><blockquote><p><em><strong>About ISBR:&nbsp;<\/strong>ISBR Business School, Bangalore-based, Top Class B School for PGDM or MBA, Consistently ranked as best B School in India, AICTE-CII Platinum Category, with multiple specializations<\/em><\/p><\/blockquote><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Brief Profile of Speaker \u2013MS. Soma Choudhury, joint director and Karnataka head at the Federation of Indian Export Organizations (FIEO).<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[1989,1985,1986,1983,1984,1987,1982,1988],"class_list":["post-5743","post","type-post","status-publish","format-standard","hentry","category-guest-lectures","tag-assistant-director","tag-federation-of-indian-export-organization","tag-fieo","tag-joint-director","tag-karnataka-head","tag-ms-danish-minu","tag-ms-soma-choudhury","tag-ms-sona-choudhary"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Session on EXPORT STRATEGY - ISBR Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.isbr.in\/blogs\/session-on-export-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Session on EXPORT STRATEGY - ISBR Blog\" \/>\n<meta property=\"og:description\" content=\"Brief Profile of Speaker \u2013MS. 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