If you are in the granite and marble business, you must know how to export granite and marble from India to the UK. Before this let’s understand the history and demand structure of granite and marble In India. India is known to be the largest producer and exporter of granite and this industry is worth more than 250000 crores. According to the researchers around 97.7% of more granite is yet to be explored in India, which is capable of generating more revenue than before.
As the largest granite and marble producer, India provides employment and contributes to the GDP. Roughly 10,50,000 people work in the granite and marble industry. The country exports its materials to Russia, the USA, Algeria, South Korea, Poland, Serbia, Georgia, Armenia, Morocco, Romania, and more. These stones are very easily available and the cutting cost is also very efficient. Around 81% of marble and granite are exported across the world.
Table of Contents
ToggleOverview of Granite Export from India to Other Nations
1 | China | $297 million |
2 | USA | $42 million |
3 | Vietnam | $34 million |
4 | Saudi Arabia | $14 million |
5 | Algeria | $12 million |
The total amount of export to all these countries is around $399 million which is approximately 83% of the total value. Indian granite and marble are used almost everywhere whether it is for innovative purposes or modern sculptures.
India is at the top when it comes to the granite and marble export business. The unique style and premium quality of Indian Granite and Marble has helped it a lot to grow in the market and make itself a million-dollar foreign exchange commodity. Several famous places have used Indian granite and marble like the Bruce Lee Memorial in Washington, the Vietnam War Memorial, and more. Moreover, India holds of over 4 trillion cubic meters of granite reserves.
In addition to this data has shown that India has explored only 3% of the total reserve yet. There are around 100 varieties of granite and marble that offer an elegant look to the place, 60 of them are suitable for commercial use. The abundance of granite and marble in India has made the export business more lucrative. So, almost 86% of the granite and marble produced in India has made its way to importing to other countries. Here are some HS codes for types of granite and marble you need to know before exporting.
1 | Blocks or Slabs | HS Code: 25161200 |
2 | Crude or Raw Blocks | HS Code: 25161100 |
3 | Polished Blocks and Tiles | HS Code: 68022310 |
4 | Building Stone | HS Code: 68022390 |
5 | Carved or Processed Granite | HS Code: 68029300 |
India is famous for its monumental granite or building stone granite, which was exported with a worth of over $920 million in 2014. White granite is usually used for tragic places, which makes it an obvious choice choice for memorials or places with an unfortunate history.
How to Get Import Export Codes from DGFT?
Step 1: Click here to open DGFT’s official portal.
Step 2: Click on the “Apply for IEC” button.
Step 3: Fill in the registration details like name, email ID, contact number, PIN code, and City.
Step 4: Click the send OTP button to get the code on your contact number or email id. Once you have created an account go back to the homepage select the “Apply IEC” button, and complete the formalities.
Step 5: While applying for the IEC you must have the following details:
- Designation
- Acceptance of declaration
- Business details
- Bank account details and canceled checkbook
Step 6: Click on the save and next button, and scroll down to click on the “sign” button.
Step 7: You can use a Digital Signature Certificate or you can go for Aadhar OTP for the form submission.
Step 8: This step involves online payment against the application.
Here are some challenges faced by granite and marble industries in India
- Less government assistance
- High taxes like GST
- High competition from Brazil and China
- High competition within the country
- Inadequate facilities for sourcing raw material
- Use of old equipment and technology
Despite all these factors, there are several businesses known for exporting granite in a huge amount:
- Aditya Stonex
- Neeraj Granites
- Sati Exports India Pvt. Ltd
- RK Marble
- Elanza Export Pvt. Ltd
How to Export Granite and Marble from India to the United Kingdom (UK)?
Documents Required
- Register or apply for company PAN
- Apply for EORI number
- Tax and GST registration
- Company Incorporation Certificate
- Import and Export Code
- Membership-cum-Registration Certificate from the EPCs
- DGFT Registration Certificate
- Clearance of documents from customs, like the bill of packaging list and Lading.
Procedure:
Step 1: The very first thing an entrepreneur has to do is to incorporate the business as a legal entity in India in order to export granite to the UK. They have a list of options to choose from according to the business or which is relevant to their business.
Step 2: After registering the company with the Ministry of Corporate Affairs, you have to apply for company PAN. Next, business owners have to open a bank account in the name of the company.
Step 3: After that, you have to register the company with the Director-General of Foreign Trade to get an Import Export Code. In the last step, you will have to acquire all these documents to get clearance from customs.
Step 4: Entrepreneurs can use government agencies in importing nations to find potential and interested buyers and vendors. Companies must register with the Export Promotion Commodity and Council board to get many benefits provided by the company.
Step 5: Now you must contact a reliable and reputed shipping agency to ensure that the product reaches the buyers safely and on time.
Step 6: Lastly you need assistance from a customs housing agency in the UK to get customs clearance.
Why choose Nakul International to export granite and marble to UK from India?
Nakul International has been in this field for more than 25 years, it has earned remarkable achievements throughout its journey. Being a fast-growing manufacturer in the field of Granite, Stone, and Marble, Nakul International keeps customer satisfaction at the top of the list. It always aims to provide the customer with the best quality products while managing time and delivering products on time. The team of professionals at Nakul International is always ready to serve you with its best service. Not only in India but due to its good quality product and service it is well-known globally.
Name: Nakul International
Contact: +91 9731143244, + 91 8618284386
Email Id: info@nakulinternational.com
FAQs on how to export granite and marble to UK from India.
Q1. What are the main elements of exporting granite and marble from India to the UK?
Ans. The main elements of exporting granite and marble from India to the UK are as follows:
- Check Product Compliance
- All the necessary documents
- Customs formalities for smooth procedure
- Shipping Details for the agency
- Research of the Market
Q2. How long will it take to reach the product to the UK?
Ans. The time to reach the goods to the UK depends on the mode of transport and weather conditions. If the goods are transported via an airplane then it will take only 3-10 days, but if you are choosing seaways then it will typically take 20-40 days.
Q3. What are the popular markets for Indian granite and marble?
Ans. India exports granite and marble to different countries like the UK, USA, South Korea, Israel, Serbia, Armenia, Poland, and more.