In the world of business, competition is the driving force that compels companies to innovate, optimize, and excel. The domestic market, though essential for any business.

Many Export Import Courses in India, in their technical teachings of Export Import Trade, focuses on Incoterms yet fail to make it simple.International trade is incomplete without Incoterms.

India is overflowing with Milk and Honey. People of India not only indulged in the consumption of these products but also dedicated themselves to the increased production of milk.

ICD stands for Inland Container Depots. They are located inland and far from seaports. ICD is a term used in Indian trade to describe imports and exports of goods from the sea.

There are many terms used in the shipping industry that we don’t completely understand. For example, one of the shipping terms we hear a lot is “feeder vessel” and “mother vessel“.

India is a land surrounded by oceans in the peninsular regions. This makes up a majority of the land’s surface. Export-import trade relies a lot on supply chain.

Terms like these are generally found in sale contracts of exporters and importer, a shipping company that transports cargo, and other related documents.