AKG Pickles & Spices
Product: Malaysian Pickle
Quantity: 2,000 jars (500gms.), 3,000 jars (200gms.), 5,000 jars (100gms.)
Price: Rs.120 / jar (500gms.), Rs.50 / jar (200gms.) & Rs.30 / jar (100gms.)
Packing Style: Glass jar with plastic seal & Carton
Shipment Date: 10th November, 2008
Registered office location: Haveli Kharagpur, Munger, Bihar, India
Plan of logistics (inland)
The pickle will be packed in carton boxes (24 jars / box). It will be stored at the warehouse available at the production unit. From there it will be sent to railway station by mini truck, and then it will be transported to Howrah by train. There, it will be reloaded and sent by train, which will be unloaded at Visakhapatnam. From there it will be brought to Visakhapatnam port by mini truck and will be loaded on ship.
Importing country profile
In 2006, India-Malaysia trade reached record US $ 6.58 billion, registering a growth of approximately 22.84% over the previous year and ten times the amount that existed fourteen yeas ago.
Malaysia has traditionally enjoyed a handsome surplus, of between US $ 1 billion to US $ 1.5 billion, in its trade with India.
Trade between India and Malaysia has expanded steadily from US $ 0.6 million in 1992 to US $ 4.3 billion in 2004, US $ 5.1 billion in 2005 and US $ 6.58 billion in 2006.
Pickle in Malaysia
Malaysia has many types of indigenous fruits, which are not being used to their full potential. They are grown sporadically on a small scale by farmers, and the fruits are seasonal in nature. Encouragement is being given to farmers or processors to pickle these fruits, since the pickles sell well in Malaysia. Malaysian people like to take pickle with their meals. Around 8% population of Malaysia is Indian and Indian like pickle too. Commodity profile
It is an edible product, which is eaten in small quantity with regular meals, just for taste. It is an spicy product which is made of some vegetable or fruit. The ingredient for Malaysian pickles are: large cucumbers, long beans, french beans, cabbage, cauliflower, carrots, peeled, fresh red and green chillies, garlic cloves – peeled, salt, lemon grass, galangal, dried chillies, candlenuts, belacan, sugar & vinegar. Product supply and demand situation
Pickles sell well in Malaysia. At present, Malaysia is still importing more than US$ 2 - 3 million worth of pickled fruits from neighbouring countries each year. Global and domestic competitors
Some of the competitors are: Lifestyle Venture Sdn Bhd (Malaysia), Inter Ventures & Prospects (Malaysia), Aandre Foods (M) Sdn Bhd (Malaysia), MTR Foods (India), Priya pickles (India) etc.
Routing of the cargo
The packed pickle will be transported to railway station by road. From there it will be loaded on train to reach Howrah. From Howrah it will be transported to Visakhapatnam by train. From Visakhapatnam railway station to Visakhapatnam Port the pickle will be transported through road.
Choice of loading port:Visakhapatnam
Type of exporter: Manufacturer
Source of raw material
Place of procurement
Most of the raw materials will be procured locally and those which are not available will be procured from the nearby city, 50 km away.
The raw material will be transported by mini truck by road.
Letter of credit:Irrevocable L/C payable at sight
INCOTERM: FOB INCOTERM 2000, Visakhapatnam
Insurance Policy:Voyage Policy
Cargo handling vessel:Container vessel – Dry
Raw material procurement
Cucumbers, beans, french beans, cabbage, cauliflower & carrots.1,750 kg (Total)Rs.60 / kg
Red chillies, green chillies, garlic, lemon grass.500 kg
(Total)Rs.80 / kg
Salt, galangal, dried chillies, candlenuts, belacan, sugar & vinegar.200 kg (Total)...