The Indian Chamber of Commerce and Industry Coimbatore organized a meeting primarily focussing on Export & Prosper and Exports without Mistakes.
The speaker on the occassion was S.Sathappan, CEO- India, Emirates NBD,Mumbai. He stressed on the need of online to improve business. Doing a proper home work is essential to stay upbeat in the market against competitors. Online stores helps a lot when it comes to exports since goods can be sold on a world platform especially with sites likes Amazon.com and Flipkart. Next comes how do we receive money. First is site and second is selling on credit. If sold for cash, no credit but in case of credit we need to add interest cost. Export order on credit cannot be taken beyond a certain period. Upon receiving Letter of Credit, one should go through it throughouly.
Other present during the session were ICCIC President V.Lakshminarayanasamy and K.Balakrishna Shetty.