What are Incoterms and its Benefits?

What are Incoterms and its Benefits?

Incoterms (International Commercial Terms) are a standardized set of trade terms that define the responsibilities of buyers and sellers in international trade (export). They were published by the International Chamber of Commerce (ICC) in 1936 to provide a common language for traders, helping to prevent misunderstandings and disputes by clarifying each party’s obligations regarding delivery,…

What is the Role of Freight Forwarders in Export?

What is the Role of Freight Forwarders in Export?

In recent years, India has emerged as a significant player in global trade, with exports playing a crucial role in the country’s economic growth. However, exporting goods from India has challenges, particularly when navigating the complex regulatory environment and logistics of shipping goods overseas. This is where freight forwarders are vital in facilitating exports from…

Top 4 Consumer-favourite products during Holi 2023

Top 4 Consumer-favourite products during Holi 2023

The festival of colours is around the corner again, and along it brings smiles and cheerful faces all over the country! Besides being the glistening array of merriment, Indian festivals induce an unapologetic splurge behavior in consumers all around the country. Analogous to most festivals, Holi encourages consumers to shop from all available platforms, whether the…