Service exports involve delivering intangible services to clients in other countries. This rapidly growing sector offers exciting opportunities for businesses to expand their reach and revenue streams. Here's a brief overview of some popular service exports that you can do from India
1. Education Services: Exporting educational programs like online courses, vocational training, or university partnerships allows institutions to reach a global audience.
2.Consultancy Services: Businesses with specialized expertise can offer consulting services like market research, management consulting, or engineering advice to foreign companies.
3.IT & Software Services: Software development, IT infrastructure management, and other technology-related services are in high demand globally.
4.Accounting & Bookkeeping Services: Firms can provide accounting, tax preparation, and bookkeeping services to international clients remotely.
5.Marketing Services: Digital marketing agencies can help foreign companies create and manage online marketing campaigns to reach new markets.
6.Communication Services: Translation services, public relations support, and even call center operations can be exported to meet the needs of international clients.
7.Architectural & Related Services: Architectural firms can offer design and planning services for projects overseas. Engineering services also fall under this category.
8.Yoga & Health Services: Yoga instructors, wellness practitioners, and other health professionals can provide online consultations or training programs to international clients.
To Start up this export first you have to register a company, then get a Bank Account, IEC Code, then get RCMC from SEPC - Service Export Promotion Council, make good attractive website then choose your target market in foreign countries such as schools, universities and colleges. Make sure to take Advance Payments like 50%-100% advance to avoids frauds. Also, our government is giving benefits through SEIS Scheme of about 0-5% so take advantage of the Service Export from India Scheme.
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