Starting an export business in India opens up exciting opportunities to reach global markets and engage with international customers. Even with limited capital, it can be a highly rewarding venture with significant potential. With careful planning and by capitalizing on the unique strengths of Indian products, you can build a successful export business with minimal investment.

## **Top Import Export Business Ideas in India**

Some of the top exporting business ideas are:

* **Handicrafts:** Indian handicrafts, including textiles, home decor, and accessories, are sought after worldwide. Exporting these products taps into a profitable market as well as supports artisans. You can source items directly from craftsmen and sell them through online marketplaces or B2B channels. 

* **Pickles:** India’s rich tradition of pickles has made it a leader in this segment worldwide. Exporting pickles requires minimal setup costs, from Rs. 30,000 to Rs. 40,000. Partnering with local pickle makers or women’s Self-Help Groups (SHGs) can help you scale operations cost-effectively. Indian pickles are exported to more than 50 countries, making it a lucrative business choice. 

* **Imitation Jewellery:** Indian imitation jewellery holds immense global appeal due to its intricate designs and cultural significance. Ethnic ornaments attract both Indian expatriates and foreign customers. You can begin by sourcing collections from local manufacturers or artisans. Options like selling through a Direct-to-Consumer (D2C) website or listing on international e-commerce platforms can help you reach a wider audience. Countries like the US, UAE, and the UK are key markets for this industry. 

* **Incense Sticks (Agarbatti):** Agarbattis are in high demand globally, fueled by the popularity of aromatherapy and meditation. A small-scale agarbatti business can start with an investment of Rs. 50,000. Partnering with local SHGs for manufacturing can reduce costs and provide employment opportunities. 

* **Papad:** India’s diverse varieties of papad- from Amritsari to Bikaneri- are popular abroad. With a small initial investment of Rs. 20,000, you can start producing or sourcing papads. These can be sold directly or through distributors in over 121 countries where Indian papads have a significant market. 

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## **How to Start Export Business?**

Follow these steps in order to begin your export business ideas minimum investment for import export business:

* **Take the Decision:** Evaluate if the export-import industry aligns with your interests and skills. This decision marks the foundation of your business journey and requires a long-term commitment to overcome challenges. 

* **Get Knowledge About the Basics:** Understand key aspects of international trade, such as customs regulations, trade documentation and shipping methods. Use resources like government portals, online courses, and workshops to build your knowledge. 

* **Make Sure You Have All the Tools You Need:** Set up essential tools like a computer, internet connections, and communication devices. Consider investing in software for inventory management and shipment tracking to streamline operations efficiently. 

* **Select the Target Product Based on Your Decided Market:** Identify products with strong demand in international markets. Research trends and competition to choose a product that aligns with your expertise and available resources. 

* **Promote Your Business by Making a Business Plan:** Draft a detailed import export business plan outlining your goals, marketing strategy, and financial projections. This plan will help you stay focused and also can be used to secure funding or partnership. 

* **Make Contacts and Develop Relationships:** Networking is crucial in the export business. Attend trade fairs and industry events to connect with suppliers, buyers, and logistics partners. Use online platforms like LinkedIn to expand your professional network. 

* **Get Clearance of Licenses:** Ensure compliance with Indian export laws and acquire necessary licenses like the Importer Exporter Code (IEC). Familiarise yourself with the customs and regulatory requirements of your target markets. 

* **Raise Capital:** Even with minimal investment, some capital is needed. Use personal savings, seek support from family, explore government schemes or get gold loans from accessible lenders like India Gold for small businesses. Reinvest profits for gradual expansion.

## **How Much Money is Needed to Start a Import Export Business in India?** 

To start an import export business, especially export business in India with low investment, you typically need a capital of Rs. 50,000 to Rs. 3,00,000. This amount covers essential expenses such as:

* **Business Registration and Licensing:** Costs for obtaining IEC, GST registration, and other legal permits. 

* **Product Procurement and Inventory:** Initial investment in purchasing goods for trade or samples for marketing. 

* **Logistics and Freight Charges:** Expenses for shipping, freight forwarding, and customs clearance. 

* **Infrastructure Cost:** Allocate budget for office space, warehousing, and storage facilities. 

* **Technology Tools:** Subscription to tools for inventory management, shipment tracking, or customer relationship management. 

* **Marketing and Branding:** Creating an online presence, promotional materials, or joining trade expos. 

* **Miscellaneous Costs:** Hiring staff, renting office space, and travel for networking or trade fairs. 

The exact amount depends on the scale of your business, product type, and whether you are starting domestically or targeting international markets. 

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## **How to Do Export Business in India?**

You need to abide by certain requirements in order to start the best export business in India:

* Choose a distinctive name and logo for your company that includes the term “Exports” for easy recognition. The name should be simple, memorable, and relevant to your business. 

* Register your company as per Indian legal requirements, including obtaining GST registration and opening a current account with a bank. 

* Obtain the Importer Exporter Code (IEC) from the Directorate General of Foreign Trade (DGFT). This code is mandatory for all export and import transactions. 

* Research your target market thoroughly to understand consumer preferences, regulations, and competition. Tailor your product offerings accordingly. 

* Develop an online presence by creating a professional website and leveraging social media to promote your products to international buyers.

* Collaborate with reliable logistic providers to ensure smooth shipping and delivery of your products. 

## **Conclusion** 

Starting an export business in India presents significant growth opportunities by accessing global markets. Success depends on careful planning, selecting the right products, and staying informed about regulations. Strategic financial planning is essential, and gold loans offer a practical funding solution. Platforms like India Gold enable you to leverage your gold assets, providing a fast and reliable way to secure capital for your entrepreneurial venture.

#### **Related Articles**

- **[Mastering Gold Loans: Understanding and Tracking Loan-to-Value Ratios and the Influence of Gold Prices](https://indiagold.co/blogs/mastering-gold-loans-understanding-ltv-ratios)**
- **[How to Automate Savings with Digital Gold Investments](https://indiagold.co/blogs/how-to-automate-savings-with-digital-gold-investments)**

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There are plenty of low-investment export businesses you can start. In this blog, we’ve outlined steps to help you start one of your own, along with various business ideas.

How to Setup a Low-Investment Export Business

IndiaGold Export Business Guide

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship initiative to empower small businesses and entrepreneurs with financial support. This scheme facilitates collateral-free loans, enabling self-reliance and promoting economic growth at the grassroots level. 

## **What is Pradhan Mantri Mudra Yojana?**

The Pradhan Mantri Mudra Yojana loan was launched by the Government of India in April 2015 to financially support micro, small, and medium enterprises (MSMEs). It aims to promote entrepreneurship by offering loans up to Rs. 10 lakh without requiring collateral. 

Under this scheme, loans are divided into three categories- Shishu loan, Kishore, and Tarun- loans catering to different growth stages of business. Applicants can access these loans via banks, non-banking financial companies (NBFCs), and microfinance institutions (MFIs), or apply using the loan application form Pradhan Mantri Mudra Yojana available on the Udyamimitra portal. 

## **Objectives of Mudra Loan**

The key objectives of this loan are:

* **Job Creation:** Facilitates employment opportunities in rural and urban regions. 

* **Promoting Entrepreneurship**: By targeting small businesses, the Mudra scheme helps develop entrepreneurial ventures. 

* **Economic Growth:** Supports grassroots economic development by funding enterprises that contribute to local and national growth. 

## **Categories of Pradhan Mantri Mudra Yojana**

The scheme categorises loans into the following:

* **Shishu Mudra Loan:** For startups and micro-enterprises needing up to Rs. 50,000.

* **Mudra Kishore Loan:** For growing businesses requiring Rs. 50,000 to Rs. 5 lakhs. 

* **Mudra Tarun Loan:** For established enterprises requiring Rs. 5 lakhs to Rs. 10 lakhs. 

These categories help entrepreneurs at different stages of business growth access to tailored financial support. Similarly, **Indiagold** also provides flexible and secure gold loans that businesses can avail instantly from the comfort of their home.  

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## **Key Features and Benefits of Mudra Loan**

The major features of the PMMY loan are:

* **Loan Amount Flexibility:** Loans are categorized into different types, ranging from Rs. 50,000 to Rs. 10 lakhs, ensuring accessibility to businesses of varying needs. 

* **Wide Accessibility:** This scheme ensures that individuals in both rural and urban areas, even those from remote regions and limited banking facilities, can access financial aid for their businesses. 

* **Mudra Loan Tenure:** Loan repayment periods are flexible, ranging from 1 to 5 years. 

* **Collateral-Free:** Borrowers do not need to provide security, making it ideal for small businesses and first-time entrepreneurs to secure loans. 

* **Affordable Interest Rates:** These loans are offered at competitive rates, ensuring that repayments are manageable for small business openers. 

* **Low Processing Fees:** Affordable charges reduce the financial burden for MSMEs. 

* **Extended Repayment Tenure:** Borrowers can opt for longer repayment terms, up to 7 years, providing flexibility and reducing financial stress. 

* **Mudra Card:** A pre-approved credit card facility called Mudra Card is offered to meet the working capital needs. This enables easy withdrawals and payments. 

* **Support for New Entrepreneurs:** The scheme encourages startups and new ventures by providing micro-credit loans up to Rs. 1 lakh, enabling them to establish and grow their businesses. 

* **Government Credit Guarantee:** The Credit Guarantee Fund for Micro Units (CGFMU) safeguards lenders, ensuring loan approvals even without collaterals. 

* **Promotion of Local Businesses:** By fostering small and micro-enterprises, the scheme aligns with the “Make in India: campaign, boosting local industries and employment opportunities. 

## **Mudra Loan Interest Rates**

The Mudra Yojana interest rate under PMMY is determined by the lending institution. Public and private sector banks, NBFCs, and MFIs offer these loans. Each lender sets its interest rates based on established guidelines and an assessment of the applicant’s profile, business requirements, and risk factors. 

The interest rate is affected by these key factors:

* **Loan Amount and Tenure:** The interest rate may vary depending on the loan category and the credit amount requested. Longer repayment tenure may influence the rate as lenders assess risks over an extended period.

* **Type and Stability of the Business:** Businesses with a proven financial track record and stable cash flow are generally offered lower interest rates. Startups or high-risk ventures might face higher rates due to the increased possibility of defaults. 

* **Lender’s Internal Policies:** Interest rates vary across institutions based on their operational costs, risk management practices, and administrative charges. Different lenders may offer concessions or benefits to specific business categories or demographics, such as women entrepreneurs.

* **Creditworthiness of the Applicant:** Applicants with a strong credit score and consistent repayment history are likely to secure better interest rates. Poor credit ratings may result in higher rates or stricter loan terms.  

* **Government Initiatives:** Certain categories, such as women-owned businesses or ventures in priority sectors, may receive concessional interest rates as part of government policies. 

Like PMMY, **Indiagold** also provides businesses with interest rates based on the loan amount. However, the requirements are not stringent because lenders are availing of the loans based on tier-pledged gold. **Indiagold** provides interest rates starting from only 0.85% per month.

## **Who Can Get a Mudra Loan?**

Mudra loans are available to individuals and entities involved in small-scale businesses and entrepreneurial ventures. Eligible applicants include:

* **Entrepreneurs and Startups:** Those planning to launch micro and small enterprises. 

* **Small Manufacturers:** Units involved in production activities. 

* **Artisans and Craftsmen:** Individuals engaged in traditional crafts or handicrafts. 

* **Service Providers:** Small service-oriented businesses like salons, gyms, or photocopy centres. 

* **Traders and Shopkeepers:** Retailers, wholesalers, and small shop owners.

* **Agriculture-Allied Activities:** Dairy farming, poultry, pisciculture, and apiculture. 

* **Transport Sector:** Drivers or owners of commercial vehicles like taxis, auto-rickshaws, or trolleys. 

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## **Eligibility for Mudra Loan**

To be eligible for PMMY loan, you need to be:

* Indian citizens aged 18 to 65 years  
* Planning to start or expand non-agricultural activities requiring loans up to Rs. 10 lakhs.

## **Documents Required to Apply for Mudra Loan**

* **Application Form:** Duly filled Mudra loan form.   
* **Address Proof:** Aadhaar, Voter ID, passport, utility bills, or bank statements.   
* **Identity Proof:** Aadhaar, PAN, Voter ID, driving license, or passport.   
* **Business Proof:** Registration certificates, licenses, or deed copies.   
* **Financial Proof:** Vendor quotes, equipment requirements, or loan justification.    
* **Photographs:** Recent passport-sized photographs.   
* **Minority Proof:** If applicable. 

## **How to Get a Mudra Loan?**

Follow these steps to avail your Mudra loan:

1. **Understand Your Business Needs and Loan Type:** PM Mudra Yojana offers three loan categories with loans starting from Rs. 50,000. The Mudra loan limit is Rs. 10 lakhs. Assess your business requirements to identify the most suitable category. 

2. **Select a Lending Institution:** Approach a participating bank, NBFC, or microfinance institution. Confirm that the lender is part of the PMMY scheme and compare their terms for better options. 

3. **Prepare Required Documents:** Ensure you have all necessary documents, such as identity proof, address proof, business registration certificates, financial quotations, and photographs. A complete and accurate application facilitates quicker processing. 

4. **Submit the Application Form:** Fill out the Mudra loan application form with details about your business, loan requirements, and future plans. Submit this along with your documents to the chosen lender. 

5. **Lender Review and Processing:** The lender will assess your application, verify the provided documents, and evaluate the viability of your business. 

6. **Loan Approval and Disbursement:** Once the lender approves your application, the loan amount is sanctioned and disbursed directly into your bank account. You can then use these funds for business purposes, such as purchasing equipment, inventory, or working capital. 

## **Conclusion** 

Mudra loans empower small businesses by providing accessible and affordable financial support. With simple eligibility criteria and collateral-free funding, the scheme fosters entrepreneurship and contributes to India’s economic growth at the grassroots level. This initiative is a cornerstone for aspiring entrepreneurs to realise their dreams. Businesses can also avail of gold loans from **Indiagold** effortlessly through their pledged gold. 

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PM Mudra Yojna Explained: Uncover how this scheme empowers entrepreneurs with collateral-free loans. Explore eligibility, application steps, and benefits in our comprehensive guide.

The Pradhan Mantri Mudra Yojana (PMMY) is a flagship initiative to empower small businesses and entrepreneurs with financial support.

A Detailed Guide To The PM Mudra Yojna

PM Mudra Yojana Loan Guide

The demand for electric vehicles in India is fueling rapid growth in the EC charging station market. With supportive government policies, advancing technology, and a shift towards sustainable transportation, this sector presents a lucrative business opportunity. This guide will provide a detailed overview of the planning and strategic execution you need to start this business. 

## **The EV Charging Market in India**

India’s electric vehicle charging station market is rapidly evolving. It is driven by the government’s initiatives, increased consumer interest, and technological advancements. Programs like FAME India (Faster Adoption and Manufacturing of Hybrid and Electric Vehicles) aim to create a steady charging infrastructure. This reduces the dependency on fossil fuels and improves air quality. 

**Charging Types and Costs:**

* Slow chargers are cost-effective but have longer charging times, suitable for residential or low-traffic areas.

* Fast chargers are ideal for urban areas with moderate traffic and a higher demand for quicker charging. 

* Superfast chargers are costly but necessary for highways or busy hubs to minimize wait times. 

**Government Support**

* The EVIDP (Electric Vehicle Infrastructure Development Program) focuses on building a comprehensive network of public and private charging stations. 

* Subsidies under the FAME India scheme and state-specific incentives make setting up a station financially viable. 

You can partner with top companies that offer EV charging franchises like Tata Power (Mumbai), Volttie (Noida), and EVQ Point (Bengaluru), among others. 

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## **How to Get a License for an EV Charging Station**

The Indian government has made setting up EV charging stations a license-free process, simplifying entry into the sector. However, the following guidelines must be adhered to:

* Compliance with technical standards set by the Ministry of Power.

* Adherence to safety and operational norms, such as proper fire safety measures.

Though no formal license is required, collaboration with electricity distribution companies (DISCOMS) for connection and permits ensures smooth operations. 

## **Government Policy on EV Charging Stations**

To promote widespread EV adoption, the government has introduced clear guidelines for EV charging stations:

* Charging stations are planned every 3 km within cities, 25 km along highways, and 100 km for heavy vehicles.

* Electricity tariffs for EV charging will remain economical until at least 2025\.

* Approval timelines for new connections have been streamlined to as low as seven days in metro areas.

* Public charging stations must enable online booking systems to improve customer convenience. 

## **Requirements to Install EV Charging Station**

**Legal Requirements:**

* Membership with the Central Electricity Regulatory Commission (CERC).

* Permits from State Electricity Regulatory Commissions for specific charger levels such as Level 2, AC, or DC as required. 

* Approvals from local municipal and urban authorities for land use.

* Necessary planning clearance for public locations like malls, office buildings, or highways. 

* You would need an NOC from local authorities, and a Building Permit/Right of Way (ROW)/Trade License from municipal local authorities.

* Compliance with the Electricity Act 2003 regarding safety and operational standards.

* Fire Safety Certificate from the relevant authority.

* Liability insurance to cover potential risks and legal liabilities. 

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**Infrastructure:**

* A minimum space of 300 square feet (can vary based on franchisor specifications)

* Requires a purchase agreement for owned land and a lease agreement for rented land.

* A dedicated substation or transformer for stable power supply.

* 33/11 KV cables for power supply.

* Installation of safety systems like circuit breakers and fire extinguishers.

* Parking areas for vehicles being charged.

* Compliance with international and local standards for charger installations.

**Location Selection:**

* Opt for high-visibility areas like shopping malls, highways, or busy commercial zones.

* Ensure accessibility with adequate parking space and clear signage. 

**Equipment and Software:**

* **Chargers:** Install a mix of AC and DC chargers to cater to various EV models.

  * **AC Chargers:** Lower capacity but cost-effective. The capacity of these chargers ranges from 3 kW to 22 kW with a charging time of 6 to 7 hours. 

  * **DC Chargers:** Faster chagrin options for premium service. The capacity ranges from 11 kW to 360 kW. Charging times usually vary with 11-25 kW chargers may take 4 to 6 hours whereas 90-360 kW may take 20 to 30 minutes to charge.

* **Monitoring Tools:** Use software for real-time monitoring and billing systems for automated customer payments. 

**Amenities:**

* Include basic facilities like restrooms and seating areas.

* Offer value-added services such as vehicle cleaning or minor maintenance to attract more customers. 

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## **Electric Car Charging Station Setup Cost in India**

The costs for setting up a charging station vary based on the location and scale. 

**Infrastructure Costs:**

* **Land Lease:** Rs. 6,00,000 annually.

* **Transformers and Electricity Connections:** Rs. 7,50,000 annually. 

* **Maintenance:** Rs. 3,00,000 annually. 

**Charger Costs:**

* Bharat AC (Rs. 65,000) and DC (Rs. 2,47,000) chargers are economical options. 

* International chargers like CHAdeMO cost over Rs. 13 lakhs but support faster charging. 

Investments in marketing and safety equipment like fire extinguishers should also be factored in. By planning effectively and leveraging government support, entering the EV charging business in India can be a profitable venture while contributing to sustainable mobility solutions. 

## 

## **How to Start a Commercial EV Charging Business**

Follow the step-by-step process in order to start your EV charging business:

**1\. Choose a Franchisor:** Research potential franchisors by evaluating their terms, financial performance, and customer reviews. Review the Franchise Disclosure Document (FDD) for detailed insights about the EV charging station business models and how the business functions.

**2\. Application Process:** Submit an application with details like location, business background, and investment capacity. You need to attend interviews or discussions to clarify the franchise model and expectations. 

**3\. Agreement and Documentation:** Sign the franchise agreement and provide identification documents such as PAN or Aadhaar card. Ensure you receive a copy of the signed agreement for reference. 

**4\. Training and Setup:** Participate in training programs to understand the operational aspects, from using the software to customer service techniques. Collaborate with the franchisor's support team to establish the infrastructure and operational framework. 

## **EV Charging Station Guidelines**

* Public charging stations must adhere to the Ministry of Power standards for performance and safety. 

* Partnerships with online service providers are encouraged to enable slot bookings for users.

* Tariffs must not exceed the average cost of supply, ensuring affordability.

* EV charging stations can obtain electricity directly from generation companies or DISCOMS. 

## **Conclusion** 

Setting up an EV charging station franchise in India is a rewarding venture, providing you align with market demands and regulatory standards. From choosing the right franchisor to ensuring proper infrastructure, each step plays a vital role in success. With adequate funding and strategic planning, your business can thrive in this expanding sector. For entrepreneurs, leveraging gold loans from India Gold can be a reliable funding option. It can provide you with the financial foundation required to kickstart this promising venture. 

#### **Related Articles**

- **[GST on Gold](https://indiagold.co/blogs/gst-on-gold)**
- **[How to Automate Savings with Digital Gold Investments](https://indiagold.co/blogs/how-to-automate-savings-with-digital-gold-investments)**

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Explore EV charging station franchise opportunities in India. Start your profitable journey with the growing electric vehicle market today!

The demand for electric vehicles in India is fueling rapid growth in the EC charging station market. With supportive government policies, advancing technology, and a shift towards sustainable transportation, this sector presents a lucrative business opportunity.

Opening an EV Charging Station Franchise in India: The Ultimate Guide

EV Charging Station Franchise

Learn how to start an export business in India, from choosing products to licenses, setup steps, and tips to succeed in global markets.

Starting an export business in India opens up exciting opportunities to reach global markets and engage with international customers. Even with limited capital, it can be a highly rewarding venture with significant potential. With careful planning and by capitalizing on the unique strengths of Indian products, you can build a successful export business with minimal investment.

__LEAD__

## **Top Import Export Business Ideas in India**

Some of the top exporting business ideas are:

* Handicrafts: Indian handicrafts, including textiles, home decor, and accessories, are sought after worldwide. Exporting these products taps into a profitable market as well as supports artisans. With a wide range of handicrafts available in the country, and a growing international demand for artisan made and naturally sustainable handicrafts, the business is expected to grow exponentially. You can source items directly from craftsmen and sell them through online marketplaces or B2B channels.  
    
* Pickles: India’s rich tradition of pickles has made it a leader in this segment worldwide. With raw materials easily available, and a long shelf life, operating a pickle business from a seller perspective is pretty stable. Also, the fact that the Indian diaspora is spread worldwide, the underlying demand is pretty stable and growing year on year. Exporting pickles requires minimal setup costs, from Rs. 30,000 to Rs. 40,000. Partnering with local pickle makers or women’s Self-Help Groups (SHGs) can help you scale operations cost-effectively. Indian pickles are exported to more than 50 countries, making it a lucrative business choice.  
    
* Imitation Jewellery: Indian imitation jewellery holds immense global appeal due to its intricate designs and cultural significance. Ethnic ornaments attract both Indian expatriates and foreign customers. You can begin by sourcing collections from local manufacturers or artisans. Options like selling through a Direct-to-Consumer (D2C) website or listing on international e-commerce platforms can help you reach a wider audience. Countries like the US, UAE, and the UK are key markets for this industry.  
    
* Incense Sticks (Agarbatti): Agarbattis are in high demand globally, fueled by the popularity of aromatherapy and meditation. A small-scale agarbatti business can start with an investment of Rs. 50,000. Partnering with local SHGs for manufacturing can reduce costs and provide employment opportunities.  
    
* Papad: India’s diverse varieties of papad- from Amritsari to Bikaneri- are popular abroad. With a small initial investment of Rs. 20,000, you can start producing or sourcing papads. These require a low cost manufacturing setup, less space, and cheap raw material. Also, since papad has a long shelf life, and a robust demand globally, it makes this delicacy an attractive business to invest in. These can be sold directly or through distributors in over 121 countries where Indian papads have a significant market.

You will receive a call from our Relationship Manager

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## **How to Start an Export Business?**

Follow these steps in order to begin your export business ideas minimum investment for import export business:

* Take the Decision: Evaluate if the export-import industry aligns with your interests and skills. This decision marks the foundation of your business journey and requires a long-term commitment to overcome challenges. The decision should be backed by willpower, a solid action plan, and far sight of how the business needs to be operated.  
    
* Get Knowledge About the Basics: Understand key aspects of international trade, such as customs regulations, trade documentation and shipping methods. Use resources like government portals, online courses, and workshops to build your knowledge. If needed, an advisor can help understand the critical things regarding the business landscape, licenses, and guidance on compliance requirements to ensure smooth operations going forward.  
    
* Make Sure You Have All the Tools You Need: Set up essential tools like a computer, internet connections, and communication devices. Consider investing in software for inventory management and shipment tracking to streamline operations efficiently. These basic tools will help you to start the business, however one can invest in efficiency enhancing tools as and when the business takes off.  
    
* Select the Target Product Based on Your Decided Market: Identify products with strong demand in international markets. Research trends and competition to choose a product that aligns with your expertise and available resources. The product should align with the countries you’re looking to target for export which has enough demography to support the expected demand. Also, it would be better if the product can either improve the user’s life or adds some sort of value, such products usually do better.  
    
* Promote Your Business by Making a Business Plan: Draft a detailed import export business plan outlining your goals, marketing strategy, and financial projections. This plan will help you stay focused and also can be used to secure funding or partnership.  
    
* Make Contacts and Develop Relationships: Networking is crucial in the export business. Attend trade fairs and industry events to connect with suppliers, buyers, and logistics partners. Use online platforms like LinkedIn to expand your professional network. Good networking can help you to find the right suppliers,and trade partners who can essentially help you to bring down the cost and turn up the business efficiency. Deep relationships can help provide support and understanding and also catch on latest trends and developments.  
    
* Get Clearance of Licenses: Ensure compliance with Indian export laws and acquire necessary licenses like the Importer Exporter Code (IEC). Familiarise yourself with the customs and regulatory requirements of your target markets. Being fully compliant with the rules and regulations will help grow your business sustainably and consistently, as more often than not, compliance issues present a roadblock, which ends up consuming longer time than expected thus impacting the business operations negatively.  
    
* Raise Capital: Even with minimal investment, some capital is needed. Use personal savings, seek support from family, explore government schemes or get gold loans from accessible lenders like India Gold for small businesses. One can also check out MSME loans to fund their small business operations, required that the business qualifies for availing MSME business loans. Reinvest profits for gradual expansion.

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## **How Much Money is Needed to Start an Import Export Business in India?**

To start an import export business, especially export business in India with low investment, you typically need a capital of Rs. 50,000 to Rs. 3,00,000. This amount covers essential expenses such as:

* Business Registration and Licensing: Costs for obtaining IEC, GST registration, MSME UDYAM registration, and other legal permits. Also, avoid paying unnecessary agent fees, as most of the permits are easy to apply. Misleading agents may charge for MSME registration fee \- which is absolutely free\! These legal permits are essential to hit the ground running, absence of these may result in serious penalties and repercussions.   
    
* Product Procurement and Inventory: Initial investment in purchasing goods for trade or samples for marketing. Initial inventory can help fulfill initial orders on time and build solid relationships with the customers. Be cautious if you’re in the fashion space, or an industry with constantly changing products, as high inventory levels can quickly turn into dead-stock.  
    
* Logistics and Freight Charges: Expenses for shipping, freight forwarding, and customs clearance. It is important to account for such costs that are often overlooked, as it can help get a better estimation on the expected expense.  
    
* Infrastructure Cost: Allocate budget for office space, warehousing, and storage facilities. Since these are cost heavy expenses, one can opt for MSME loan schemes to fund these expenses and repay over time.  
    
* Technology Tools: Subscription to tools for inventory management, shipment tracking, or customer relationship management. Such tools can help increase efficiency, and operate business without getting stuck in operational issues.  
    
* Marketing and Branding: Creating an online presence, promotional materials, or joining trade expos. These activities can boost brand recognition, and help create solid presence which can translate into increased sales.  
    
* Miscellaneous Costs: Hiring staff, renting office space, and travel for networking or trade fairs.

The exact amount depends on the scale of your business, product type, and whether you are starting domestically or targeting international markets. If the business idea is robust with supporting plans in place, then an entrepreneur can avail loans, one can apply for a MSME loan online to fulfill such funding requirements.  
You will receive a call from our Relationship Manager

## **How to Do Export Business in India?**

You need to abide by certain requirements in order to start the best export business in India:

* Choose a distinctive name and logo for your company that includes the term “Exports” for easy recognition. The name should be simple, memorable, and relevant to your business.  
    
* Register your company as per Indian legal requirements, including obtaining GST registration and opening a current account with a bank.  
    
* Obtain the Importer Exporter Code (IEC) from the Directorate General of Foreign Trade (DGFT). This code is mandatory for all export and import transactions.  
    
* Research your target market thoroughly to understand consumer preferences, regulations, and competition. Tailor your product offerings accordingly.  
    
* Develop an online presence by creating a professional website and leveraging social media to promote your products to international buyers.  
    
* Collaborate with reliable logistic providers to ensure smooth shipping and delivery of your products.


## **Conclusion**

Starting an export business in India presents significant growth opportunities by accessing global markets. Success depends on careful planning, selecting the right products, and staying informed about regulations. Strategic financial planning is essential, and gold loans offer a practical funding solution. Platforms like India Gold enable you to leverage your gold assets, providing a fast and reliable way to secure capital for your entrepreneurial venture.

__LEAD__


Learn how to start an export business in India, from choosing products to licenses, setup steps, and tips to succeed in global markets.

Starting an export business in India opens up exciting opportunities to reach global markets and engage with international customers.

Everything You Should Know About Setting Up an Export Business

Export Business

Starting a petrol pump business in India is an excellent entrepreneurial opportunity due to the high and consistent demand for fuel. While it involves substantial investment, proper planning, and fulfilling legal requirements, the returns can make it a lucrative venture. Let’s dive deeper into understanding all the requirements to start a new petrol pump business. 

## **Eligibility to Start a Petrol Pump Business**

Before applying for a petrol pump dealership, it is crucial to ensure you meet the eligibility criteria:

* **Age Requirement:** You must be between 21 and 55 years old.

* **Nationality:** Must be an Indian citizen. NRIs can apply if they have resided in India for more than 182 days. 

* **Education:**

  * **General Category:** 12th pass for rural areas, graduate for urban areas. 

  * **SC/ST/OBC:** Minimum of 10th pass. 

  * There is no minimum education requirement for freedom fighters under the CC2 category.

* **Investment Capability:**

  * **Rural Areas:** Minimum Rs. 12 to 15 lakh (if the land is self-owned)

  * **Urban Areas:** Rs. 20-25 lakh (if the land is self-owned)

* **Location Criteria:** The business location should not fall within blacklisted or excluded zones. 

## **Requirements Needed to Become a Petrol Pump Owner**

If you want to know how to start a petrol pump dealership business in India, you need to abide by the following requirements. 

### **Land Specifications**

Having access to suitable land is one of the primary requirements:

* **Ownership or Lease:** The land must be either owned by the applicant or leased for a long duration as per Oil Marketing Companies (OMCs) specifications.

* **Type of Retail Outlets:**

  * **Regular Retail Outlets:** Located on national/state highways or in urban and semi-urban areas. 

  * **Rural Retail Outlets:** Situated in rural areas but not on highways. 

* **Size Requirements:** Ideally, land should range between 800 square meters and 1200 square meters, depending on the location and OMC requirements. 

### **Licenses and Permissions**

Several approvals and certifications are mandatory to operate a petrol pump:

* **No Objection Certificate (NOC):** Obtained from the licensing authority. 

* **Location’s Certified Copy:** Verifies the legal status of the petrol pump site. 

* **Municipal and Fire Safety Approvals:** Ensure the site complies with municipal guidelines and fire safety standards. 

* **Other Necessary Permissions:** Certificates from relevant authorities for regulatory adherence. 

### **Petrol Pump Business Investment**

You need to keep the petrol pump business cost in mind before going into this venture. The cost of petrol pumps depends on the type of dealership and location. It ranges from Rs. 15 to Rs. 25 lakh for self-owned land. 

The investment can include cash, jewellery, and financial assets such as:

* Bank deposits   
* Fixed deposits  
* Bonds and shares  
* Mutual funds  
* National Savings Certificates  
* Postal schemes  
* Savings accounts

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### **Fees and Charges**

The cost of petrol pump licenses, applications, and fixed fees varies based on the dealership type:

* **License Fees:**  
  * Rs. 16/KL for high-speed diesel and Rs. 18/KL for motor spirit for ‘B’/’DC’ retail outlets.   
  * Rs. 41/KL for high-speed diesel and Rs. 48/KL for motor spirit for ‘A’/’CC’ retail outlets. 

* **Application Fees:**  
  * Rs. 1000 for regular retail outlets.  
  * Rs. 100 for rural retail	outlets.  
  * SC/ST/OBC applicants receive a 50% concession on application fees. 

* **Fixed Fees:**  
  * Rs. 15 lakh for own land in regular outlets.   
  * Rs. 5 lakh for own land in rural outlets.   
  * Rs. 10 lakh for company-owned rural dealerships.  
  * Rs. 30 lakh for company-owned regular dealerships.

**Note:** All application, license, and fixed fees are non-refundable. 

## **Profits and Commission of Petrol Pump Dealer in India**

The profit margin of running a petrol pump is typically between Rs. 15,000 to Rs. 60,000 per day. Apart from petrol pump services, you can additionally earn:

* **Updated Petrol Commision:** Petrol dealers will now receive Rs. 1,868.14 per kilometre plus 0,875% of the billable price, aimed at improving service and dealer compensation. 

* **New Diesel Commission:** Diesel dealers will earn Rs. 1,389.35 per kiloliter, along with 0.28% of the billable price, ensuring fairer margins. 

* **Purpose of Revision:** The Indian Oil Corporation (IOC) revised the commission structure to enhance customer service and staff welfare/ 

## **How to Open a Petrol Pump Business** 

To begin your petrol pump business, you need to follow this step-by-step process:

* **Strategic Planning and Financial Support:** A well-thought-out petrol pump business plan and financial backing are essential to smoothly set up a petrol pump dealership.

* **Explore Loan Options:** Once operational, you can apply for a business or gold loan online, using your gold assets to fund any business-related expenses. 

* **Tailored Financing for Success:** India Gold offers customized loans to help petrol pump owners thrive in the competitive fuel retail market and ensure long-term business success. 

* **Achieve Sustainable Growth:** A petrol pump business supported by strategic financing can enable entrepreneurs to achieve steady and sustainable growth.

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## **How to Apply for a Petrol Pump Business**

To apply for a petrol pump dealership, you need to follow these steps:

1. **Keep an Eye on Notifications:** Leading OMCs such as Indian Oil, Bharat Petroleum, and Hindustan Petroleum periodically publish advertisements in newspapers and online for dealership opportunities. 

2. **Application Process:** Visit the official website of the concerned OMC. Submit your application with the required details and documents. 

3. **Selection Process:** If multiple applicants apply for the same location, the OMCs use a lottery, lots, or bidding process to finalize dealership allotment. 

## **How to Get Business Investment for Petrol Pumps in India?**

Since petrol pumps require significant capital, many individuals opt for business loans. Some popular options for petrol pump loans include:

* ### **Bank Loans**

Banks offer long-term loans, personal loans, or flexi loans tailored for business requirements. These loans are suitable for both the initial setup of petrol pumps and ongoing operational costs. With competitive interest rates and flexible repayment options, bank loans provide a reliable funding source. Plus, many banks offer personalized financial advisory services to help entrepreneurs plan their repayments and optimize their business investments. 

* ### **Gold Loans**

Gold loans are a practical solution for those with idle gold assets. They are quick to process and require minimal documentation, making them an attractive option for immediate funding needs. Borrowers can secure high loan amounts based on the gold’s market value while retaining ownership of their assets. Many lenders also provide flexible repayment options. This ensures convenience and financial stability. 

* ### **MSME Loans** 

Miro, Small and Medium Enterprises or MSME loan for petrol pump chains are specifically designed to support small business owners, including petrol pump operators. They provide tailored financial solutions for growth and development. Entrepreneurs can also benefit from government subsidies or interest rate concessions tied to MSME schemes. Note that you would need the NIC code for petrol pumps to do the MSME registration on the Udyam portal. You can use this as fuel loans, ideal for fostering sustainable business growth with minimal financial strain.

* ### **NBFC Loans**

Non-Banking Financial Companies (NBFCs) are known for their quick and flexible financing options. They are a preferred alternative to banks for entrepreneurs who require fast approvals or have less conventional eligibility profiles. NBFCs often have simpler application processes and customisable loan terms. It makes them the go-to option for urgent funding needs. Their customer-centric approach ensures seamless support throughout the loan tenure.  

* ### **Government Subsidy for Petrol Pumps**

Government-backed programs like Mudra Yojana aim to encourage entrepreneurship by offering collateral-free loans to small businesses. These schemes are particularly beneficial for first-time entrepreneurs in underserved areas. Borrowers can avail themselves of low-interest rates and simplified documentation, enabling them to focus on business development without worrying about financial hurdles. 

* ### **Export Development Fund Loans**

Export Development Funds (EDF) can provide specialized financing options designed to support businesses in scaling operations, especially those linked to international trade. While traditionally associated with exports, you can use EDFs loan for petrol pumps to expand fuel stations in border regions or areas with export-linked activities. These loans offer competitive interest rates, longer repayment periods, and support for purchasing advanced infrastructure. It ensures business scalability and operational efficiency.

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## **Advantages of Choosing Gold Loans for Petrol Pump**

While there are different forms of loans, gold loans offer significant benefits compared to others: 

* **Loan Amount:** By choosing gold loans for your petrol pump, you can get loan amounts ranging from Rs. 40,000 to Rs. 50 lakhs and more. With idle gold in the form of jewellery, you can leverage it for loans that would offer you a quick financial solution without parting with your assets. 

* **Documentation:** The process is straightforward and does not demand extensive paperwork. This ensures a quick turnaround time- a hassle-free application and approval process. 

* **Approval Time:** Gold loans provide a fast way to secure funds for your business. You can access the loan amount within hours, making it ideal for time-sensitive financial requirements like new business opportunities.

* **Competitive Interest Rates:** Leading gold loan providers, such as India GOld offer competitive interest rates starting from 0.77% per month. This ensures you do not have to pay more than necessary. With attractive rates, you can repay the loan comfortably without straining your finances. 

* **No CIBIL Score Requirement:** Unlike traditional loans, gold loans don’t require a CIBIL score, making it accessible for those with a less-than-ideal credit history. This makes gold loans a great option for those who need funds but lack a strong credit history. 

* **Full Insurance and Safe Storage:** Your gold is fully insured and stored safely in secure bank lockers, offering peace of mind throughout the loan duration. This ensures your gold is protected against unforeseen risks while it is in storage. 

## **Conclusion**

Starting the best dealership business in India for a petrol pump requires careful planning and access to sufficient capital. Securing a loan is a great way to fund your venture, whether through traditional banking routes or alternative financial options. With minimal documentation and quick approval processes, business loans offer a feasible solution. India Gold allows you to leverage your gold assets to kickstart your petrol pump business with ease and convenience. 

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#### Related Articles

- *[A Complete Guide on How to Start a Chai Sutta Bar](https://blogs.indiagold.co/complete-guide-on-how-to-start-a-chai-sutta-bar-franchise)*
- *[Opening an EV Charging Station Franchise in India: The Ultimate Guide](https://blogs.indiagold.co/ev-charging-station-franchise-india)*

Want to start a petrol pump business but have no clue how? Read on, and clear your doubts on how to start one as well as get a loan for your petrol pump!

How to get a loan to start your petrol pump business in 2025: Detailed Guide

Petrol Pump Business Loan

Tea is more than just a beverage in India. It is an emotion, a culture, and a ritual that brings people together. Recognising this, Chai Sutta Bar revolutionised how Indians enjoy tea by blending traditions with modernity. This guide will help you understand how you can open a chai franchise and achieve business success. 

## **What is Chai Sutta Bar?**

Chai Sutta Bar is an Indian cafe chain that has redefined the concept of tea shops. It was founded in 2016 by two young entrepreneurs, Anubhav Dubey and Anand Nayak. Their goal was to make tea accessible and enjoyable in a contemporary setting. Starting with its first outlet in Indore, Madhya Pradesh, the brand has rapidly expanded to over 150 locations across 70 cities in India, with international outlets in Oman and Dubai. 

In 2025, the Chai Sutta Bar turnover reached Rs. 150 crores. The chain is famous for serving tea in eco-friendly kulhads (earthen cups), emphasising both tradition and sustainability. Despite its name, the establishment does not serve cigarettes or alcohol. 

## **Why Start Chai Sutta Bar Outlets?**

You can start a CSB cafe business for the following reasons: 

* **Reputed Brand Name:** Being associated with an already successful and recognised name guarantees customer trust and loyalty. 

* **Minimal Investment with High Returns:** Starting a CSB franchise requires relatively low capital investment, high-profit margins and rapid return on investment. 

* **Established Supply Chain:** The brand provides a reliable network sourcing raw materials, ensuring smooth operations across logistics, sales, and staffing. 

* **End-to-End Support:** Franchisees receive full operational and marketing assistance, making it easier to establish and manage their outlets effectively. 

* **Profitability Models:** Flexible investment models cater to various geographic locations, ensuring franchise owners can adapt to market demands while keeping overhead costs low. 

## **Chai Sutta Bar Business Model for Franchise**

The CSB company has different business models for investors. It offers scalability and adaptability based on individual preferences and capabilities:

* **Franchise Owned Franchise Operated (FOFO):** In this mode, the franchisee manages and operates the outlet independently after paying a one-time franchise fee. The company’s involvement is limited to branding and guidelines. 

* **Company Owned Company Operated (COCO):** Here, the outlet is entirely owned and managed by the company. These outlets serve as benchmarks for franchise quality and branding. 

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## **Types of Outlets**

There are three types of outlets for the CSB franchise:

* **Kiosk:** Compact outlets focus on takeaway service with a limited menu. 

* **Medium:** This outlet includes a small seating area with a moderately extensive menu.

* **Mega:** Offers spacious seating and a full menu for customers to enjoy a dine-in experience. 

## **Understanding the Chai Sutta Bar Franchise Cost**

The CSB franchise cost breakdown is:

* **Franchise Fee:** Rs. 6 to 8 lakhs. 

* **Total Investment:** Rs. 16 to 18 lakhs (including setup, stock, and marketing).

* **Royalty Fee:** 4% of monthly sales. 

The actual investments may vary based on outlet size, location, and other factors. 

## **Requirements to Apply for Chai Sutta Bar Franchise**

You have to meet the basic criteria in order to apply for the CSB franchise:

* **Area Requirement:** The choice of location is critical for success. Ideal spots include college areas, busy marketplaces, and office hubs that attract high foot traffic. The space requirement varies from 400 to 2000 square feet. This depends on the outlet type. A prime location ensures better visibility and profitability. 

* **Basic Business Skills:** While no prior experience in the food industry is preferred, it is not mandatory. The brand provides comprehensive training to franchise owners and their staff to ensure smooth operations. Even without experience, individuals with the right attitude and willingness to learn can successfully run a chai outlet. 

* **Training:** This company ensures franchise owners and their staff are adequately trained to maintain consistency in quality and service. This training includes mastering tea preparation techniques, customer interaction skills, and operation management. Regular workshops and updates are also provided to help franchisees stay aligned with the brand’s evolving standards. 

* **Staffing:** A team of 2 to 4 employees is necessary to assist with daily operations and deliver excellent customer service. These employees play a critical role in enhancing the customer experience by ensuring prompt service and maintaining hygiene standards. Properly training staff not only improves efficiency but also helps in building a loyal customer base. 

## **What is the Profit and Payback Time for the CSB Franchise?**

* **Profit Margin:** The CSB franchise offers an estimated profit margin of 35 to 40%. This is considered highly attractive in the food and beverage sector. This margin is achievable due to low operational costs, affordable pricing, and high customer retention. With consistent footfall and the growing popularity of chai, the franchise ensures a steady stream of revenue for owners. 

* **Payback Period:** On average, franchise owners can expect to recover their initial investment within 1.3 years. This relatively short payback period reflects the brand’s strong demand and sustainable business model. Factors like strategic location, effective marketing, and quality service further enhance the likelihood of achieving a faster return on investment. 

## **How to Apply for a CSB Franchise?**

Follow these steps to apply for a CSB franchise:

1. Visit the official Chai Sutta Bar website at [chaisuttabarindia.com](https://www.chaisuttabarindia.com/franchise/).

2. Fill out the franchise application form with the required details.

3. Wait for confirmation; shortlisted applicants will be contacted by the franchise team.

4. Once approved, you will finalise the agreement and start setting up your outlet. 

The application process is straightforward, and the team ensures constant guidance throughout the journey. 

## **Application Procedure to Open a Chai Sutta Bar Cafe**

The application process to open a CSB cafe is as follows:

1. Submit photos and details of your proposed location. 

2. The brand surveys the site to assess its potential for success.

3. Post-approval, you will meet the area manager to finalise the details.

4. You will then collaborate with the team for interior design, training, and setup. 

5. The outlet typically becomes operational within 45-60 days. 

This structured process ensures a seamless setup experience for franchise owners. 

## **Conclusion** 

Chai Sutta Bar is not just a tea franchise, it is a cultural movement that has redefined how India connects over chai. Its innovative model, eco-friendly practices, and low investment requirements make it a standout opportunity for budding entrepreneurs. For those seeking financial support to start ventures like this, India Gold offers accessible gold-backed loans, enabling businesses to turn their assets into growth opportunities. 

#### **Related Articles**

- **[How to Get a Gold Loan Approved Quickly](https://indiagold.co/blogs/how-to-get-gold-loan-approved-quickly)**
- **[Understanding Gold Loan Interest Rates: What to Expect](https://indiagold.co/blogs/understanding-gold-loan-interest-rates-what-to-expect)**

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Learn how to start a chai sutta bar franchise, CSB franchise cost, profit margin, requirements & more in 2025