India to Canada Business Opportunities . Any Suggestions ?
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I am currently in India. I am a OCI holder.
I Will be here for a long time. Big picture is to maintain my Canadian citizenship, but live in India permanently.
What products or services or business can I set up here, so that its viable and I can ship products back and forth, through Ebay or Amazon or something like that.
I am not looking to make, much profit. Even if I make say $ 1,000 a month in profit that's more than enough for me. That will be around Rs. 50,000 in India. Easy to live a good life on that.
I am mostly looking at some Ecommerce opportunities through Amazon, Ebay etc.
The way Canadians buy cheap Chinese products online and then they are shipped to them via post from China. Like Cell Phone cases etc.
Can I maybe ship some handmade stuff or artifacts from India to Canada ?
Or is there anyone in Canada who already has a business and wants some help in India to manage their Indian side of things.
I can do that for them 
Location: Brampton, Ont, Canada
Posted on: 17-06-17 12:10:58
India is the land of arts and crafts - Find some traditional stuff and start selling Online
Or garment like designer sari/kurta etc..
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'Some goals are so worthy, it's glorious even to fail.' (Param Vir Chakra awardee Lt. Manoj Pandey)
Quote:
Originally posted by Blue_Peafowl
India is the land of arts and crafts - Find some traditional stuff and start selling Online
Or garment like designer sari/kurta etc..
Is there demand for that in Canada ?
After shipping costs from India, customs duty charged by Canada customs.
How viable will the business be ?
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I am currently in India. I am a OCI holder.
I Will be here for a long time. Big picture is to maintain my Canadian citizenship, but live in India permanently.
Do not let the Passport Expire. So, just 30 days before expiry, carry your Citizenship Certificate and the Passport and renew it once every 10 years and pay for it.
Rules might change. If it will enable at a later date, do get the dual citizenship at that time.
Good Luck.
FH.
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Quote:
Originally posted by pendse
I am currently in India. I am a OCI holder.
I Will be here for a long time. Big picture is to maintain my Canadian citizenship, but live in India permanently.
What products or services or business can I set up here, so that its viable and I can ship products back and forth, through Ebay or Amazon or something like that.
I am not looking to make, much profit. Even if I make say $ 1,000 a month in profit that's more than enough for me. That will be around Rs. 50,000 in India. Easy to live a good life on that.
I am mostly looking at some Ecommerce opportunities through Amazon, Ebay etc.
The way Canadians buy cheap Chinese products online and then they are shipped to them via post from China. Like Cell Phone cases etc.
Can I maybe ship some handmade stuff or artifacts from India to Canada ?
Generally, when you want to do business in any sales etc., you want to see the products and its quality and features etc., and price them and then sell them for a profit. Here in Canada, you have to have a shop and an employee, or be present in the shop by yourself and be the sales person or the check out person also. Also you must heat/cool the place and pay the maintenance charges etc., and you also know they are very high. In short the Overhead is a large expense. It becomes a burden to run a business.
Having said that, it is also feasible to do some business in bulk too. But you need a product that is ALWAYS in demand and moves fast and recurring. Few of these products are EDIBLES and WEARABLE or ALWAYS IN DEMAND products. But you need local resellers for it and a delivery system to go with it. It is not just a business, but also a large clientele to go with it. That is what counts.
Important part that you also need is, some CAPITAL and a good back up to get started. So, you have to dig deep and come up with a little cash, then what ever that you always wanted to do as a business to get you going.
Just to give you a concrete example, take a website called ALIBABA and search for Magic Umbrellas or USB 2, 16GIG Jump Drive and price them. Say it costs you $2-$3 each, then you will need $3000 plus, which is what it will cost you to import them into India, right there at your place. See what it will sell there for. If it sells there for $5, then you will make a few bucks there as fast as it sells. These are a few items that I have been keeping track of. See it for yourself. If the margins are better, then you can make your investment back in a few weeks. Or you will have to stock them some place till they get sold, EVEN BETTER, Flog them for the cost price and chalk it to experience.
Good Luck.
FH.
https://www.alibaba.com/trade/search?fsb=y&IndexArea=product_en&CatId=&SearchText=toque&isPremium=y
^
So buy products Online from China and then sell them in India ?
How will Canada come into the picture then ? I want to do something between India and Canada , as 1 CAD = Rs. 50 , so maybe bigger chances of making money.
