Hi Daikin,
Thanks for offering your help. I have connected with some companies here. One of them asked me to pack my own goods. So perhaps insurance is something they prefer not to deal with. The other mentioned that they will only be able to give the exact costing once we upload goods. As of now they can give a rough estimate, which could change once they pack the goods and see actually how many boxes we have. In terms of packing they only do a shrink wrap of all the assignments. I was told that I do not have to inform the customs about relocation, more so since i do not have any electronic equipment that i am sending and they will deal with the customs. I rather confused now-
1. If I do the packing myself, insurance will not cover my goods, can I get part coverage for goods
2. Do shippers give exact costing after they see the goods or an approximate costing which can change when they finally upload the goods. Should I ask for a final costing and then stick to it?
3. How much should I pay the shipper for packing furniture - a rough estimate ( sofa set, bed - can be dismantled, book rack and a table, and if I pack by myself what materials should I use?
Thanking you all once again,
bm14
Quote:
Originally posted by bm14
Guptaji,
Things are not cheap in India anymore, infact on my numerous visits there canada is much cheaper.. In India I can only vouch for big cities though. 1600 dollars is a lot in canadian dollars but in Indian rupees it is about eighty five thousand. If one goes to buy a decent sofa set in Delhi it is nothing less than 1800 dollars on a lower end. I am not talking designer stuff...So in todays time depending on which city one plans to move to India, actually many things are far cheaper here. Leaving all of that aside, sometimes sentimental value of things far out weigh monetary considerations. Actually electronics is something one must dispose off here, firstly the voltage is different and then one has to take into consideration the chances of breakage and lastly you get the same electronics there too. One has to make a cost analysis that if we sell here what will we get, and then if we buy there how much will we spend. Besides the hassel of going shopping all over again in India, which also means time and resources.
Adam,
I second that.
When I moved to India, (and our shipping was free), we could have bought dining table, bed sets, kitchen items at 50% discount in India and paid 25% bribe and still made a 25% profit. but due to the hassles of custom's , transportation, i did not do it.
It can actually be a very good business for people who do TR. Get all your stuff from Canada (It should be atleast 1 year old to avoid duty) and like like a king in India. As many said it, the quality is good there.
We got our duplicate leather sofa and even after 4 years, it still looks good. Though my cousins just used to jump and run over it. Besides we eat our lunch, dinner and bf on the sofa only. The quality of indian sofa is bad and well as the looks. The better ones come at a very big premium.
Use cochin or Chennai as ports. they are cheap (bribe). Not sure about other ports. Never use Tuticorin (TN) port.
I am not sure about Canadians but most of people in the Gulf always send a LCL container to India once every few years. It is cheaper for Indians working in the Gulf to bring furniture, appliances and gift it to their family members and relatives.
Murali
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I am a Gents and not a Ladies.
Murali, I was told that with the new government, the custom clearance is not as corrupt. They have also made it faster and easier for people transferring residence. Besides the customs people are after bigger fish now, simple ordinary folks like us are not worth their botheration. I don't know how far that is true though.
In Delhi at least even bus drivers are crorepatis- coz of the property value. I came across a personal chauffer/ driver, who mentioned that the value of his property in his village is not less that 30 cr. This talk was about 5 years back I had with him. He continues to work n the city, has his own farms etc. Resources are not so much of an issue for a middle class family. Salaries are very high and most people have done financially well through investment in property and spending wisely. To be honest whenever I go back, I have to think twice before spending in metros like Delhi and Mumbai.
What is also interesting is that those who left India in the 60's n 70's many of their kids are now going back to India and love it. Even if their are all the problems many people have discussed in earlier forums. It is simply because of a sense of belonging they get, acceptance and no racial biases, besides the huge potential opportunities.
True BM 14, Very true.
Not sure about the corruption as the port is in Mumbai. Mumbai is under Fadnavis sir rule. Not sure how clean it is. After that you have to transport your good and it has to cross 3 state borders. So there will be hassles.
I agree that they may be after the big fish but in their eagerness to catch the big fish, they may not even care for the small fish and delay things. Not sure. Try to talk to some custom clearning agents.
Our company regularly imports things from abroad and we get it from Cochin port. We have a 2 man dept. to handle that. We pay no bribe. We send all documents and the customs clears it without any bribe.
Just to give you an idea, we import things like Samsung TV, marble, Granite, wood furniture from all across the world and the price is less by 50% (Eg. Samsung TV) that what it would be if you buy it in India. However we have the EPCG licence to import for our buildings and we buy by using foreign currency.
Murali
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I am a Gents and not a Ladies.
Quote:
Originally posted by bm14
Hi Daikin,
One of them asked me to pack my own goods. So perhaps insurance is something they prefer not to deal with. The other mentioned that they will only be able to give the exact costing once we upload goods. As of now they can give a rough estimate, which could change once they pack the goods and see actually how many boxes we have. In terms of packing they only do a shrink wrap of all the assignments. I was told that I do not have to inform the customs about relocation, more so since i do not have any electronic equipment that i am sending and they will deal with the customs. I rather confused now-
1. If I do the packing myself, insurance will not cover my goods, can I get part coverage for goods
2. Do shippers give exact costing after they see the goods or an approximate costing which can change when they finally upload the goods. Should I ask for a final costing and then stick to it?
3. How much should I pay the shipper for packing furniture - a rough estimate ( sofa set, bed - can be dismantled, book rack and a table, and if I pack by myself what materials should I use?
Thanking you all once again,
bm14
Hi Hiren,
Sorry for my late reply. I was out of the country for a few months and have just returned. Thank you for your input though. I will share my experience once I reach India. Just an update for all those planning to leave Canada- India is not cheap anymore and depending on how expensive the goods that you bought here one must decide whether to keep or sell them off. Please do factor in where you will be living in India as well. Major metros are very expensive and small/middle level towns are still reasonable. Since I do not have a lot of stuff, I am taking most of it with me to India. It will save me time and money and I will be living in the capital, which is very very expensive. Having moved consistently between the two cities, things in toronto appear rather cheap, though the cost of living is high. Salaries in India are unimaginable. I met someone who was receiving 15 lakhs per month - 26000 dollars /month, needless to say that he was at a high position in an MNC. If one has a good track record, sky is the limit in India and of course the life style with it, one cannot imagine. Of course not all can earn that sort of salaries, but having said that average salaries are not the same anymore - in MNC'S. If i can be of any help regarding info, I will be happy to give my two bit. Till then..
bm
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