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SUMMER TRAINING PROJECT

AN ANALYTICAL STUDY OF SALT &

SENNA LEAVES EXPORTS AT

RANKERS INTERNATIONAL PVT LTD

Submitted by

DHIRAJ KOTAI

ROLL NO - 17

PGDMMARKETING

VESIMSR

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Introduction

The objective of the project was to know the

export procedures at RANKERS

INTERNATIONAL PRIVATE LIMITED as they are

one of the leading salt exporters in Gujarat. At

Rankers, they produce salt as well as they buy

it from the local market.

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About Rankers International Pvt Ltd

Started in the year 1993

One of the leading exporters of salt in Gujarat with more then 250

shipments till date.

Specialize in processing and export of cassia Angustifollia (Senna

Leaves) & Industrial Salt.

Key Personnel

Mr. N.T. RAYUDU - MANAGING DIRECTOR

Mr. A.F. SETHNA - DIRECTOR

Mr. N.RAVICHAND - DIRECTOR

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Business profile

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OBJECTIVES OF THE PROJECT

To know the working system at RANKERS INTERNATIONAL PRIVATELIMITED.

To understand the IMPEX procedures.

To know the basics of the salt senna leaves industry.

To get an idea about the international trade.

To understand the distribution network and logistics concepts anddocumentations as applicable to salt Export industry.

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RANKERS GROUP OPERATIONS

EXPORTERCHARTERER

TIME

CHARTER

VOYAGE

CHARTER

SENNA

LEAVESSALT

TRANSPORTATION

WAREHOUSINGSHIPMENT

OF CARGO

DOOR-

TO-

DOOR

LOGISTICS

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International trade at Rankers

International Pvt Ltd

Seller and Buyer conclude a sales contract, with method of paymentusually by letter of credit (documentary credit).

Buyer applies to his issuing bank, usually in Buyer's country, for letter of

credit in favour of Seller (beneficiary).

Issuing bank requests another bank, usually a correspondent bank inSeller's country, to advice, and usually to confirm, the credit.

Advising bank, usually in Seller's country, forwards letter of credit to

Seller informing about the terms and conditions of credit.

If credit terms and conditions conform to sales contract, Seller preparesgoods and documentation, and arranges delivery of goods to carrier.

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Contd..

Seller presents documents evidencing the shipment and draft (bill of exchange) topaying, accepting or negotiating bank named in the credit (the advising bankusually), or any bank willing to negotiate under the terms of credit.

Bank examines the documents and draft for compliance with credit terms. If

complied with, bank will pay, accept or negotiate.

Bank, if other than the issuing bank, sends the documents and draft to the issuingbank.

Bank examines the documents and draft for compliance with credit terms. If

complied with, Seller's draft is honoured.

Documents release to Buyer after payment or on other terms agreed between thebank and Buyer.

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Learnings

Manufacturing process of Salt and Senna

leaves

Exim procedures

Documentation

Logistics

International business

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BIBLIOGRAPHY

WEBSITES

http://www.dateyvs.com/

http://en.wikipedia.org/wiki/Kutch_District

http://www.cbec.gov.in/

http://www.eximin.net/

http://www.gccikandla.com/industry.asp

http://www.export911.com/e911/export

NEWS PAPER

DAILY SHIPPING TIMES (KANDLA EDITION)

http://www.dateyvs.com/http://en.wikipedia.org/wiki/Kutch_Districthttp://www.cbec.gov.in/http://www.eximin.net/http://www.gccikandla.com/industry.asphttp://www.export911.com/e911/exporthttp://www.export911.com/e911/exporthttp://www.gccikandla.com/industry.asphttp://www.eximin.net/http://www.cbec.gov.in/http://en.wikipedia.org/wiki/Kutch_Districthttp://www.dateyvs.com/

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Thank you

You do not require an invitation to make profits.