Rajan Bhosale, entrepreneur and Director at Topsail Home equipment Pvt Ltd — a house home equipment producer centered on exports — has raised issues over the cumbersome paperwork Indian exporters are required to handle, calling it a “main hurdle” for manufacturing-led development.
Talking about his expertise in a podcast, Bhosale stated, “To export a single container, we have to generate not less than 17 to 18 paperwork.” These embrace business and tax invoices, e-way payments, insurance coverage papers, declarations, and extra. He questioned the necessity for this redundancy, noting that “if the client solely wants an bill and packing record, then why do we want so many paperwork?”
Evaluating the method with China’s streamlined system, Bhosale added, “There, a car can go away the manufacturing unit with simply two clean papers. Right here, the identical course of takes as a lot time because it does to load the complete container.”
Bhosale additionally identified the added price of hiring workers solely to deal with export documentation. “It’s not simply time-consuming — it’s costly. A mistake within the paperwork may even halt GST processing, so each doc must be double-checked,” he stated.
He urged the federal government to consolidate the documentation course of into fewer, simplified varieties. “If this reaches Modi ji, my request to him is to resolve this one subject. Exporters usher in {dollars} for the nation. We’re strengthening the financial system and we deserve a extra environment friendly system.”
Highlighting Bhosale’s expertise, Mohandas Pai, chairman of Aarin Capital and former Infosys CFO, tagged PM Modi on X (formally Twitter) and wrote, “For our PM @narendramodi We have to cut back the documentation for exports. Want large reforms, cut back struggling of enterprise @nsitharaman @FinMinIndia @PiyushGoyal @PMOIndia very tough to get quick to 10tr$ with insurance policies match for 1 tr$ India will lag behind with out large reforms.”
