Hi Concerned,

I want to start my own business in the field of Import. My idea is to start importing goods from China & sell them in India to the suppliers.

Now I have certain questions in my mind:

1.) How can I proceed as the initial step towards my this venture?
2.) How much money is required at the initial level for importing goods like electrical items, soft toys, computer accessories?
3.) How & which duties are involved in importing goods?
4.) How can I ensure the reliability of the manufacturers in the china?

My budget is very limited in between 10-12 L (I.N.R.) & I want to start this business from scratch.

Regarding my qualifications, I am Commerce Graduate with M.B.A. in Marketing & Finance. Right Now, I am working with U.S. M.N.C but as I am more inclined towards starting my own venture, I want to be involved in this as soon as possible.

Would really appreciate in case anyone can advise me how can I proceed & successful.


Thanks & Regards,
Saurabh

Hi, I am Allan, and I am chinese. I am working as engineer in Zhong shan city, Guang dong province. I want to ask the same queation as you, for I want to find some business selling china goods. I can share you some information.
For quesiton 1) How can I proceed as the initial step towards my this venture?
Answer:you need to make sure which goods you want to purchase in China. Of course,you need to compare the price between China and India.
For quesiotn2.) I don't know.
For queston 3.) How & which duties are involved in importing goods?
Answer:you just need to find the company which can deal with this matter. In China, there are many companies they can deal with the customs.
For quesiton 4.) How can I ensure the reliability of the manufacturers in the china?
Answer: you need a partner who need pay close attention to ensure the quality and leadtime of goods, anything relative the supplier.
[Contact information removed to protect privacy.]

Hi, Allanyan!

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Thanks!

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