Export agents

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

22 May 2013 Dear Experts,

Are there any agents in export industry who brings overseas buyers in india?

We are gamment manufacturers supplying in india...so are any agents in the same industry?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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23 May 2013 dear author,

i will suggest you Particiapate the trade fair,exhibition in overseas and stall the goods of your manufacturing units so that buyer may purchase the goods and order you second you also avail MDA grant.

Regards,

ramesh verma

Querist : Anonymous

Querist : Anonymous (Querist)

23 May 2013 Dear sir,

What is MDA grant??

Does it stand for Market development assistance?
What is it?

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Asha Kanta Sharma

Asha Kanta Sharma

(Expert)
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24 July 2024 In the export industry, there are indeed agents or intermediaries who facilitate international trade by connecting overseas buyers with Indian manufacturers or suppliers. These agents can play various roles depending on their expertise and the specific needs of exporters. Here’s a breakdown:

1. **Agents in Export Industry:**
- **Export Agents or Export Houses:** These are firms or individuals who assist Indian manufacturers or suppliers in finding overseas buyers for their products. They typically have networks and expertise in international markets and help in negotiating contracts, arranging shipments, and sometimes even providing market intelligence.
- **Commission Agents:** These agents work on a commission basis and help in finding buyers, negotiating deals, and facilitating the export process.
- **Buying Agents:** In some cases, especially in sectors like garments and textiles, buying agents represent overseas buyers and source products from Indian manufacturers that meet their clients’ requirements.

2. **MDA Grant (Market Development Assistance):**
- Yes, MDA stands for Market Development Assistance. It is a scheme initiated by the Government of India (through agencies like the Ministry of Commerce and Industry, and the Export Promotion Councils) to provide financial assistance to exporters for developing and promoting their products in international markets.
- **Objective:** The primary objective of MDA is to encourage exporters to undertake marketing activities such as participation in trade fairs and exhibitions abroad, organizing buyer-seller meets, advertising, and promotional campaigns in foreign markets.
- **Financial Support:** Under MDA, exporters can receive financial assistance in the form of reimbursements or grants to cover a portion of their expenses related to market development activities. This helps exporters offset some of the costs involved in expanding their market presence internationally.

3. **Gament Manufacturers in India:**
- If you are a garment manufacturer in India looking to explore international markets, working with export agents or utilizing MDA grants could be beneficial. Export agents can help you find overseas buyers and navigate the complexities of international trade, while MDA grants can provide financial support for your marketing efforts abroad.

To leverage these opportunities effectively, it’s advisable to connect with relevant Export Promotion Councils or trade bodies associated with your industry. They can provide guidance on accessing MDA grants and connecting with reliable export agents who specialize in your product category.