How Free Trade Warehousing in India can Ease the Process of Importing & Exporting

 

FTWZ in India

When it comes to trading and warehousing and other interrelated activities, Free Trade Warehousing in India plays a significant role. They are usually known as a Special Economic Zone. These trading zones are specially situated within the Indian Territory to bridge the gap between foreign MNCs and customers or consumers. 

There are a certain govt. rules and laws have been regulated for FTWZ in India such as The Special Economic Zones Act, 2005 and the Special Economic Zones Rules, 2006. The Ministry of Commerce & Industries has issues such instructions for these zones to make sure about their operations. 

The Free Trade Warehousing in India operates various things to help foreign MNCs and domestic clients such as trading, labeling, packaging and repacking, re-sale, re-export of goods, kitting, and numerous value optimization services on the goods/cargo. 

Moreover, these zones provide storage for goods and value-added services for their handling, maintenance, and safety. Hence, import and export between countries will be hassle-free and easy than before. 

If you are a manufacturing company and looking for trading through FTWZ in India, then you can do it in two ways. 

Trading Unit- 

A Company can directly operate its activities such as trading, warehousing, and other related activities as a Unit in the FTWZ.

Service Unit- 

A Company can hire a reliable and professional 3PL agency to operate these activities. You should know that there are many 3PL services are a Unit in the FTWZ. They can even handle all your import & export activities in a professional way and reduce your overall cost in many ways. So, you can gain more benefits in this way. 

When compared to Free Trade Warehousing in India, you can reap more benefits as a company, including tax benefits. Your deposited cargos will not be affected in any way by import duties, internal revenue, or other trade policy measures. The stored will be duty-free in the case of entering and leaving the warehouse.

When it comes to different operational benefits, a professional 3PL service provides 24x7 on-site customs clearance and additional services. They can handle pick/pack, labeling, and testing, etc. the foreign MNCs will get uninterrupted operations. 

They also have well-maintained advanced container and cargo yards. In addition, they have a better infrastructure with an integrated building management system and central operations control center. Apart from that, you can contact a professional 3PL service to know more value-added services offered by them at the best pricing range.

For the best, reliable, and affordable Free Trade Warehousing in India, you can visit www.onnsynex.com. 

Also Read: https://osv-ftz-0.webnode.com/l/exporting-auto-parts-to-india-a-free-trade-zone-can-make-your-supply-chain-hassle-free/

Cut off All the Hassles with the Best Integrated Logistics Service provider when Export Pharmaceuticals to India

 

Pharma Supply Chain in India

When you are seeking Export Pharmaceuticals to India, you need to go through different challenges associated with it. There are many supply chain players available and commercial relationships differ according to the geography, type of medication, and other factors.To ease this process, you need to find a reliable Integrated Logistics Service Provider that can offer your business with a best in class Free Trade Warehousing Zone or 3PL Warehouse as per the requirements of the business.

The Pharmaceutical Supply Chain is the medium through which prescription medicines are delivered to patients safely and securely. There are different stages which are involved in this Pharma supply chain in India, from producing in manufacturing sites or procuring raw materials from foreign, transferring to wholesale distributors, stocked at retail, mail-order, and other types of pharmacies, to the price negotiations and handle through quality and utilization management screens by pharmacy benefit management companies to deliver to patients.

Challenges to Export Pharmaceuticals to India-

Every business has its challenges and difficulties to go with. So, the Pharma supply chain in India has. This is a complicated process with various stakeholders such as C&F, CSA, super stockists, dealers, distributors, sub-stockists, etc. 

Apart from that, the exporter must mutually agree on the terms and conditions of import sale as well as quality specifications, pricing, terms of payment, delivery terms, mode of transport, and other terms and conditions that should be agreed. 

Also, the important documentation with customs clearance processes needs to be done either by the importer’s customs broker or directly by the importer according to the foreign trade policy of the respective importing country. 

The foreign MNCs should share quality measures and exempt numerous inspections on the same set of products for both export and import. The drug needs to be sanctioned by the licensing authority in writing. There are also some other issues accompanied when it comes to Export Pharmaceuticals to India such as quality and regulatory issues, product proliferation, supply chain fragmentation, and infrastructure gaps.

The Pharma Industry has been very uncertain in accepting these changes and this generated the need to arise the demand of smart yet reliable Integrated Logistics Service Provider who can handle all these back- end operations of a Pharmaceutical company starting from Custom Clearance to safely delivering to end customers by which a company can focus on their major niche and leave the rest to the experts in their field.  

Hence you should consider a professional team that can handle the supply of raw materials, parts, and other goods needed in the manufacturing process on your behalf as well as ensures quality, safety, and efficacy when it comes to the Pharma supply chain in India. They can handle planning, controlling, and executing the materials distributions and the product’s delivery to wholesalers and retailers. Moreover, they can cut off all the hassle. 

Looking to Export Pharmaceuticals to India in a hassle-free way, you can visit www.onnsynex.com who are the pioneers of Free Trade Warehousing Zone, 3PL Warehouse, and all other Integrated Logistics Services.

Original source: https://onnsynex.wordpress.com/blog/