How to export pharma product from india?

We all know how the Indian Pharmaceutical Sector is big and if you are thinking of being part of this, keep reading this article. You will get a complete overview of the Indian Pharmaceutical Industry and a step-by-step procedure to Export Medicine from India. Before knowing about export medicine from India, let’s have a look at an overview of the Indian Pharmaceutical Industry.

EXPORTPHARMA

Team Eximdoor

6/17/20212 min read

orange and white medication pill
orange and white medication pill

To export pharmaceutical products from India, there are several steps that need to be followed.

The first step is to apply for the IEC (Import Export Code) number. This number is mandatory for anyone who wants to import or export goods and services from India.

Next, you need to contract with the country that intends to import medicines from India. You will also need to register your product in the country from which you will be exporting it. Additionally, there are several documents and licenses required for exporting pharmaceutical products outside of India. These documents include the grant of IEC number, contracting with the importing country, and registration of the product in the country of export. [1][2][3][4]

How to Export Medicine from India – A step by step procedure

It is easy to do generic medicine export from India if you are a registered pharmaceutical company in India. Follow these steps for medicine export from India without any hassle.

  1. The first step for medicine export from India is to apply for the IEC (Import Export Code) number.

  2. Contract with other countries’ exporters who are interested in importing the medicine.

  3. Register your product in the country from which you will be exporting it.

  4. Get the approval for medicine export from India from DCGI (Drug Controller General of India).

  5. Select a shipping method (you must decide before pharmaceutical exports from India) or select a pharmaceutical trader, exporter, and supplier.

  6. Receive the Purchase Order from the company importing the pharmaceuticals from India and send a proforma invoice that includes product information such as type of packaging, product rate, freight information, etc.

  7. Setup commercial invoice against Letter of Credit or Purchase Order.

  8. Sign a freight forwarding company contract to have the material shipped to the appropriate country.

  9. After completing all of the paperwork, you’ll need to go through customs clearance. You can do this with the help of an agent to save time, or you can do it yourself.

  10. The pharmaceutical products will be transported to the importing country once they have received clearance.

  11. In the importing country, customs clearance is also required.

More about Pharma Exports

Sources:

  1. https://www.linkedin.com/pulse/in-depth-guide-medicine-export-from-india-updated-2022-impexperts

  2. https://www.corpseed.com/knowledge-centre/how-to-export-pharmaceuticals-from-india

  3. https://eximdoor.in/how-to-export-pharma-product-from-india

  4. https://www.tecnovaglobal.com/blog/export-pharmaceutical-products-from-india/