International Trade Issues In India And How Export Portal Can Help

India’s trade policies and regulations can be hard to decode for small and medium-sized traders. This is because there are multiple state-level and national-level laws that need to be adhered to. In such a complex environment, small and medium-sized businesses could find it hard to organize all the required documents and permits. Even if such companies can collate the documents, they may find it extremely challenging to comply with the different taxes existing in the country. 

Further, tracking orders and payments can also prove complicated because India’s legal system is highly underdeveloped. Besides, another key challenge in India is that companies tend to rely on intermediaries who are not always helpful. Seeking the help of these middlemen may result in further delays in your transactions. Therefore, they must be avoided at all costs, and small businesses must look for alternative solutions that could help them in executing their trade seamlessly.

In such a situation, small and medium-sized businesses could look to avail the services of third-party vendors or portals. One organization that provides comprehensive support to such companies is Export Portal. The portal allows small and medium-sized enterprises to track all their international trades in one place. The portal also enables the traders to upload all the needed documents in one place. Similarly, the portal ensures that there is no dependency on intermediaries, which are relatively commonplace in India. Additionally, the portal also provides useful educational resources that could help you in simplifying the legal requirements. 

Export Portal also lets you track your transactions right from order placement to the final delivery of the goods and services. The portal is highly secure and ensures complete protection of all your documents. This security is driven by blockchain technology. Finally, the platform could also help your business minimize delays and reduce the cost of trade. Learn more about what Export Portal has to offer and register for free today!