Chennai Iiiem

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About Chennai Iiiem

iiiEM Chennai - An Institute for Export-Import Management Program based in Chennai. iiiEM Chennai branch of iiiEM, offers training courses such as Import Management Program, Shipping & Logistics Management Program & Import-Export Management Program to help participants learn how to initiate their own import-export business.

Ultimate Guide to Effective Competitor Analysis in Export Import Business

Chennai Iiiem01 May, 2024Education

In the dynamic world of export-import business, knowing your competitors inside out is like having a secret weapon in your arsenal. Competitor analysis isn't just about keeping an eye on who's in the game; it's about understanding their every move, their strengths, and their weaknesses.

Govt Grants Permission for Exports of 1000 MT of Kala Namak Rice from 6 Customs Stations

Chennai Iiiem05 Apr, 2024Education

The government's decision to allow the export of Kala Namak rice signifies a potential boost for the agricultural sector, particularly for rice farmers in Uttar Pradesh. By permitting exports through specified customs stations, the government aims to facilitate trade while maintaining oversight and ensuring domestic food security.

What is Trade Surplus? Meaning, Formula, Pros & Cons

Chennai Iiiem17 Feb, 2024Education

A trade surplus signifies robust demand for a country?s products in the global marketplace, leading to increased prices for such goods which directly makes our domestic currency stronger. Additionally, a trade surplus indicates high demand for a nation?s goods and services abroad, which typically results in price appreciation and further supports the strengthening of the national currency.

5 Essential Steps to Secure Your Export Business Finances

Chennai Iiiem01 Dec, 2023Education

In the export import business, paying close attention to details is crucial for success. By following these five steps diligently, exporters can establish a robust foundation for their business. This not only helps minimize financial risks but also ensures sustained success in the ever-changing and dynamic world of international trade. The key lies in understanding and implementing these fundamental steps to navigate the complexities of the export landscape effectively. By doing so, exporters can confidently position themselves for long-term prosperity in the competitive global market.

Rupee-Dirham Trade: India-UAE Trade Reaches New Heights

Chennai Iiiem10 Oct, 2023Education

To enhance bilateral trade between India and the United Arab Emirates (UAE), Commerce Minister Piyush Goyal recently announced plans for Rupee-Dirham trade. This move promises significant benefits for both nations, making it easier and more cost-effective to transfer funds from the UAE to India.

5 Winning Strategies for Success in Competitive Markets

Chennai Iiiem10 Oct, 2023Education

What these startups often overlook is that competition encourages adaptation, leading to companies offering improved services at lower prices. If you?re aiming to build a successful business in a highly competitive market, there are key factors to consider. Sticking to these principles will determine whether your business can weather the initial challenges and ultimately thrive.

Rice Exports: India Permitted Exports of Non-Basmati White Rice to UAE

Chennai Iiiem10 Oct, 2023Education

Good news! India is allowing the export of 75,000 tonnes of non-Basmati white rice to the UAE. The Directorate General of Foreign Trade (DGFT) shared this update on Monday. Why is it a big deal? Well, India had previously stopped exporting this Non-Basmati white rice to focus on making sure there's enough rice within the country due to inflation and unpredictable weather.

What is ECGC and How it is Helpful for Indian Exporters?

Chennai Iiiem10 Oct, 2023Education

Incorporating ECGC?s export credit insurance into your export strategy not only safeguards your business but also enhances your ability to compete effectively on the global stage. It allows you to navigate the uncertainties of international trade with confidence, secure financing more easily, and expand into new markets?all while enjoying a competitive edge that can make a significant difference in your success.

G20 Presidency Unlocks India's Manufacturing Growth

Chennai Iiiem19 Sep, 2023Education

India's G20 presidency has not only embraced the growth strategies of industrial economies in the Global South but has also positioned itself as an appealing manufacturing hub. The timing couldn't be better for India to exert more influence on global policies and the economic sector.

Directorate General of Foreign Trade (DGFT): Functions, Certifications, Schemes

Chennai Iiiem15 Sep, 2023Education

If you?re getting into the export-import business, there?s a short way to say a big name: DGFT ? Directorate General of Foreign Trade. It?s the group that makes sure everything is legal and follows the rules when companies in India trade stuff with other countries. Their main job is to help with the plan for how things are traded and to make sure it helps the country grow.