# Sethi Exchange

> Sethi Exchange exports raw makhana (fox nuts) from Bihar, India, by the container, and looks for the right Indian makers for what buyers overseas need next, seeing each order through from first sample to shipment. Operated by Skyora Solutions Private Limited, India. Contact: trade@sethi.exchange.

The website, https://sethi.exchange/, is a single illustrated account book, a ledger you read page by page. This file carries the same words as plain text, with the fuller trade details from the company profile.

## Who

- Name: Sethi Exchange
- Operating company: Skyora Solutions Private Limited, India
- Founder: Ryan Sethi (https://ryansethi.me/)
- Family foundation: Seyan Enterprises (legal name Seyan Engineering Private Limited), founded by Bhavya Sethi in Ghaziabad in 2012. It supplies workshops and industry across India with tools and equipment from the world's leading makers.
- Website: https://sethi.exchange/
- Email: trade@sethi.exchange

## What we trade

Makhana is the only product Sethi Exchange ships today. For any other Indian goods, a buyer can write and we will look for the right maker; no other product line is established yet.

### Raw makhana

- Product: makhana (fox nuts, Euryale ferox), popped and unflavoured
- Origin: Darbhanga, Bihar, India, sourced directly from processors
- Buyers: importers, distributors and food brands abroad
- Markets: worldwide; current focus the UAE and the GCC

Grades, by sieve size (one suta is one eighth of an inch, about 3.2 mm; each grade is confirmed by sieve test on the lot sample):

- 6 suta: 19 mm and above. Premium retail packs, gifting.
- 5 suta: 16 mm and above. Retail packs, roasted snacks.
- 4 suta: 13 mm and above. Wholesale, food service, flavoured snacks.

Packing and shipping:

- Packing: 8 kg polypropylene bags with an inner LDPE liner; other bag sizes on request
- Container: 20 ft or 40 ft high cube, quantity confirmed by grade and bag size at quotation
- Shipping port: Mundra or Nhava Sheva, by way of ICD Delhi NCR; air freight for samples and small lots
- Destination: any major sea port; regular lanes Jebel Ali and Khorfakkan, UAE

Commercial terms:

- Incoterms: FOB India, or CIF / CFR to the buyer's port
- Minimum order: one 20 ft container
- Lead time: about 15 to 20 days from a confirmed order
- Payment: letter of credit at sight preferred, or advance with the balance against documents (D/P)
- Samples: on request, for qualified buyers
- Pricing: on request, by grade and quantity

Quality and documents:

- Independent pre-shipment inspection at loading: quality, quantity and moisture
- Commercial invoice, packing list, bill of lading, certificate of origin and phytosanitary certificate
- A video of every loading and container seal, sent to the buyer the same day

## How an order works

We keep every order the way a ledger is kept. One entry at a time, and each one checked before the next is made.

1. Requirement. You tell us what you need, to what standard, by when.
2. Makers. We find and compare Indian manufacturers who can make it well.
3. Samples. Samples are made, checked and approved before any order.
4. Inspection. Goods are inspected before they leave the factory.
5. Shipment. Documents and freight are arranged to your port.

## Context

India exported US$441.8 billion of goods in one year, April 2025 to March 2026 (Ministry of Commerce and Industry, Government of India).

## Write to us

Tell us what you need, to what standard, and where it should arrive. Every letter is read by Ryan Sethi: trade@sethi.exchange