The Shellac & Forest Products Export Promotion Council (SHEFEXIL) plays a pivotal role in bolstering India’s export landscape, particularly for products derived from shellac and forest resources. Established in 1957, SHEFEXIL has been instrumental in providing financial assistance, grants, and incentives to exporters, enabling them to expand their businesses and enhance their global footprint.

Financial Schemes and Grants Offered by SHEFEXIL

SHEFEXIL offers a range of financial schemes and grants designed to support exporters at various stages of their business development. These initiatives are tailored to address the unique challenges faced by exporters in the shellac and forest products sectors.

1. Support for International Certifications

To ensure that Indian exporters meet global quality standards, SHEFEXIL provides financial assistance for obtaining international certifications. This support covers:

• Product Quality Certifications: Assistance is available for certifications such as Generally Recognized As Safe (GRAS), Current Good Manufacturing Practice (cGMP) as per 21 CFR 117 under the U.S. Food Safety Modernization Act, USDA/EU Organic certification, Dietary Ingredient Verification Program by the United States Pharmacopeia, Fair Trade certification, and Non-GMO Project certification.

• Manufacturing Unit Certifications: Exporters can receive support for certifications like WHO-GMP, EU-GMP, and Therapeutic Goods Administration (TGA) approvals, ensuring their manufacturing facilities comply with international standards.

By facilitating these certifications, SHEFEXIL helps exporters enhance the credibility and marketability of their products in the global arena.

2. Innovation and Patent Support

Recognizing the importance of innovation, SHEFEXIL offers schemes to support Indian innovators in obtaining international patents. This initiative encourages the development of unique products and technologies, providing financial aid for the patenting process. Such support not only fosters innovation but also enhances the competitiveness of Indian products in international markets.

3. Technology Upgradation

To maintain a competitive edge, adopting advanced technologies is crucial. SHEFEXIL provides grant-in-aid and soft loans to exporters aiming to upgrade their manufacturing and quality control testing technologies. This financial assistance enables businesses to improve efficiency, product quality, and compliance with international standards, thereby boosting their export potential.

Incentives to Promote Exports

In addition to financial schemes and grants, SHEFEXIL offers various incentives to encourage exporters to explore and penetrate new markets.

1. Market Access Initiative (MAI) Scheme

Under the MAI Scheme, financial assistance is provided for export promotion activities focusing on specific countries and products. Eligible activities include market studies, participation in international trade fairs, publicity campaigns, and setting up showrooms or warehouses abroad. This scheme aims to equip exporters with the necessary tools and knowledge to effectively enter and compete in international markets.

2. Towns of Export Excellence (TEE)

SHEFEXIL identifies towns with export production of Rs. 750 crores or more and designates them as Towns of Export Excellence. This recognition comes with financial assistance under the MAI Scheme for export promotion projects. The initiative aims to develop these towns as export hubs, providing them with the necessary infrastructure and support to boost exports.

Impact of SHEFEXIL’s Initiatives

SHEFEXIL’s comprehensive support system has significantly contributed to the growth of India’s exports in the shellac and forest products sectors. In the fiscal year 2018-19, SHEFEXIL supported 860 individual products, resulting in exports worth USD 2,140.94 million. This impressive figure underscores the effectiveness of SHEFEXIL’s financial assistance and incentive programs in enhancing the global competitiveness of Indian exporters.

How Altus Exports Can Assist Indian Manufacturers

While organizations like SHEFEXIL provide essential support, navigating the complexities of international trade requires additional expertise and resources. This is where Altus Exports steps in as a strategic partner for Indian manufacturers aiming to expand their global presence.

Partnership Opportunities with Altus Exports

Altus Exports is committed to forming strategic alliances with manufacturers who share a vision for excellence and global expansion. Our partnership model is designed to simplify the export process and provide manufacturers with the necessary tools and support to succeed internationally.

Key Features of Our Partnership Model:

• Expertise in Market Research: We conduct thorough market research to identify potential buyers and understand market dynamics, ensuring that your products reach the right audience.

• Comprehensive Database Access: Our extensive databases provide up-to-date market intelligence, helping in identifying new opportunities and staying ahead of competitors.

• Skilled Marketing Team: Our experienced marketing professionals employ a blend of traditional and digital strategies to promote your products effectively in international markets.

• Vast Network: With a robust network of contacts, including distributors, agents, and retailers, we facilitate smoother market entry and quicker establishment of your products in new territories.

By partnering with Altus Exports, manufacturers can leverage our expertise and resources to navigate the complexities of international trade, ensuring compliance with global standards and successful market penetration.

To explore partnership opportunities and learn more about how we can assist in exporting your products, visit our Manufacturer Partnership page.

Conclusion

SHEFEXIL’s financial assistance and incentive programs have been instrumental in empowering Indian exporters, particularly in the shellac and forest products sectors, to achieve remarkable growth in the global market. By obtaining international certifications, embracing innovation, and upgrading technologies, exporters can enhance their competitiveness and expand their reach.

Financial Assistance and Incentives: How SHEFEXIL Supports Exporters

Sustainable Practices Promoted by SHEFEXIL in the Forest Products Industry

Navigating International Trade Fairs: SHEFEXIL’s Guidance and Support

Success Stories: Exporters Thriving with SHEFEXIL’s Support

SHEFEXIL’s Role in Policy Advocacy for Exporters

Capacity Building: Training Programs and Workshops by SHEFEXIL

Market Expansion Strategies: How SHEFEXIL Opens New Avenues for Exporters

Enhancing Quality: SHEFEXIL’s Standards and Certifications for Exporters

SHEFEXIL’s Initiatives to Boost Exports from India’s North Eastern Region

The Role of SHEFEXIL in Promoting India’s Non-Timber Forest Products