Dubai: ASSOCHAM (Associated Chamber of Commerce and Industry of India), India’s apex Knowledge Chamber, has launched the ASSOCHAM GCC Chapter, based in Dubai, along with an interactive session with Mr Rana Kapoor, President ASSOCHAM and Founder & CEO, YES BANK. The theme of the session was, “Actualizing Economic Security of India: Towards realizing the Vision of ‘Make in India’”.
The Chapter endeavors to further strengthen bilateral relations between India and the GCC countries. Growing India-GCC economic and commercial relations have the potential to contribute to the stability and strength of a rapidly diversifying and deepening bilateral relationship between the two countries
Mr. Rana Kapoor, President, ASSOCHAM and Founder & CEO, YES BANK said, “India – GCC relations are extraordinary and unique. The GCC region is home to one of the largest Indian communities outside of India and is amongst the largest trading partners and a major source of FDI. However, the full potential of the relationship is yet to be fully realized. To actualize the vision of ‘Make in India’ as articulated by the Hon’ble Prime Minister of India, ASSOCHAM as part of its globalization campaign, is proud to launch its new GCC Chapter, headquartered in Dubai, to strengthen India’s footprint, promote trade and investment and position India as the No. 1 preferred investment destination for GCC nations.”
The primary aim of the ASSOCHAM GCC Chapter is to develop vibrant economic, social and cultural bonds between India and the GCC nations. The Chapter has been mandated to extend a conducive and enabling platform to Indian and GCC business communities to engage and explore investment opportunities in each other’s regions.
ASSOCHAM, under the leadership of Mr. Kapoor, has proactively played a vital role in impacting the policy and legislative framework to foster balanced economic, industrial and social development in India through action-oriented policy advocacy and sustained engagement with the Government, policy-makers, regulators and industry.
In an attempt to take forward the Government’s vision of ‘Make in India’, ASSOCHAM is expanding globally through international offices in UAE as well as other partner countries to invite Multinational businesses to be a part of India’s economic transformation. ASSOCHAM is already present in 14 key international geographies including China, Russia, UK, Japan and USA. ASSOCHAM has also signed MoUs to set up partnerships with Business Chambers in more than 75 countries.
About ASSOCHAM
ASSOCHAM, acknowledged as the Knowledge Chamber of India, has emerged as a forceful, pro-active, effective and forward looking institution playing its role as a catalyst between the Government and Industry. Established in 1920, the Chamber has been successful in influencing the Government in shaping India’s economic, trade, fiscal and social policies which will be of benefit to trade and industry. ASSOCHAM renders its services to over 4,00,000 members which include multinational companies, India’s top corporates, medium and small scale units and associations representing the interest of more than 400 Chambers and Trade Associations from all over India encompassing all sectors.
ASSOCHAM has over 100 National Committees covering the entire gamut of economic activities in India. It has been acknowledged as a significant voice of the Indian industry especially in the fields of Corporate Social Responsibility, Environment & Safety, Corporate Governance, Information Technology, Agriculture, Nanotechnology, Biotechnology, Pharmaceuticals, Telecom, Banking & Finance, Company Law, Corporate Finance, Economic and International Affairs, Tourism, Civil Aviation, Infrastructure, Energy Power, Education, Legal Reforms, Real Estate, Rural Development etc. The Chamber has its international offices in China, Russia, UK and USA. ASSOCHAM has also signed MoUs to set up partnerships with Business Chambers in more than 75 countries.
