Indian Chamber of International Business (ICIB)

Leading organisations in India that support and assist Micro, small and medium companies to grow globally.
Summary

The Indian Chamber of International Business (ICIB) is a non-profit organization established in 2007 to promote and facilitate international trade and investment in India. The ICIB serves as a platform for businesses and professionals to network, exchange ideas, and collaborate on projects that contribute to India's economic growth.

ICIB has expanded its presence to cover about 42 countries worldwide and 12 states across India representing businesses from various industries and sectors. It collaborates with government agencies, trade associations, and other organizations to promote trade and investment in India and to address the challenges faced by businesses operating in the global marketplace.

The ICIB offers a range of services to its members, including market research, trade promotion, business matchmaking, and advocacy. It also provides training and consultancy services on various aspects of international trade, such as trade finance, logistics, and regulatory compliance.


History

The Indian Chamber of International Business (ICIB) was founded in 2007 with the objective of promoting the internationalisation and globalization of the Indian MSME (Micro, Small, and Medium Enterprises) industry. The organization started with a vision to provide a platform for Indian businesses to expand their presence in global markets and increase their exports. Since then, ICIB has become an instrumental organization in guiding and supporting the Indian industry and trade under the manufacturing and service sectors to gain first-hand experience of looking outward.

Over the years, ICIB has played a crucial role in promoting joint ventures, technology transfer, import substitution, and access to new markets to import new technologies and products for India. It has also facilitated the expansion of Indian industries in international regions from the Americas to South East Asia. ICIB has been a key player in promoting the growth of the manufacturing and services sectors in India and providing various initiatives in a wide range of sectors such as healthcare, tourism, education, engineering, communications, transportation, information technology, banking, finance, management, renewable energy, and waste management.

ICIB has an outreach program in many parts of the globe and has partner organizations in 32 countries and 8 states of India in addition to other supporting institutions globally. The organisation interacts with state and central governments within India and abroad to support its members and take various issues to these agencies and governments.

Today, ICIB is recognized as one of the leading organizations in India that supports and assists MSMEs in growing globally by increasing exports, importing the latest technologies and machinery, encouraging joint ventures with leading international companies, investing in developing and developed markets for growth and expansion, all while ensuring protection and sustainability of the environment and our surroundings. ICIB regularly hosts B2B, and B2C events, industry and government interactions, exhibitions, and delegations locally and abroad.


Goals and Purpose

The Indian Chamber of International Business (ICIB) aims to support and assist Micro, Small and Medium Enterprises (MSMEs) in India to expand globally through increasing exports, importing the latest technologies and machinery, encouraging joint ventures with leading international companies, investing in developing and developed markets for growth and expansion while ensuring the protection and sustainability of the environment.

The organization focuses on promoting the internationalisation and globalization of the Indian MSME industry. It helps guide the industry and trade of India, both under the manufacturing and service sectors, to get a first-hand experience of looking outward. This helps industries expand in international regions from the Americas to South East Asia over time. ICIB promotes joint ventures, technology transfer, import substitution, access to new markets for importing new technologies and products for India and increasing the exports of the country.

ICIB recognizes the importance of promoting growth in the services and manufacturing sectors and provides several initiatives in a wide variety of sectors such as healthcare, tourism, education, engineering, communications, transportation, information technology, banking, finance, management, renewable energy, and waste management among others.

In addition, ICIB aims to provide one-to-one interactions and customer services for all members of the organization, with outreach programs in many parts of the globe. It has partner organizations in 32 countries and 8 states of India, in addition to other supporting institutions globally. ICIB interacts with state and central governments within India and abroad to support its members and take various issues to these agencies and governments.

To achieve its goals and purposes, ICIB hosts B2B and B2C events, industry and government interactions, exhibitions, and delegations locally and abroad. The organization also offers membership to individuals and organizations, with different membership options based on the type and duration of membership.


Impact

The Indian Chamber of International Business (ICIB) has had a significant impact on the Indian economy since its establishment in 2007. By promoting internationalisation and globalisation of the Indian MSME industry, ICIB has helped Indian companies expand in international regions from the Americas to South East Asia, and increase their exports to the world.  Here are the main activities and impact of The Indian Chamber of International Business:

  • Promoting internationalisation and globalisation of the Indian MSME industry
    Guiding industry and trade of India, both under the manufacturing and service sectors to get a first-hand experience of looking outward.
  • Promoting joint ventures, technology transfer, import substitution, access to new markets for import of new technologies and products for India and increasing the exports of the country.
  • Providing several initiatives in a wide variety of sectors such as health care, tourism, education, engineering, communications, transportation, information technology, banking, finance, management, renewable energy, and waste management among others.
  • Hosting B2B, B2C events, industry and government interactions, exhibitions and delegations locally and abroad.
    Advocating for the interests of its members and communicating their issues to state and central governments both within India and abroad.
  • Supporting Micro, small and medium companies to grow globally by means of increasing exports, importing the latest technologies and machinery, encouraging joint ventures with leading international companies, and investing in developing and developed markets for growth and expansion, all while ensuring protection and sustainability of the environment and our surroundings.
  • Provides one-to-one interactions and customer services for all members of the organizations and it has an outreach program in many parts of the globe. Partnering with organizations in 32 countries and 8 states of India in addition to other supporting institutions globally.

References
Indian Chamber of International Business (ICIB)
Leadership team

Mr. Manpreet Singh ( Executive President )

Mrs. Tinku Rajeev Gupta ( Senior Vice President)

Mr. M Chuba Ao ( Vice President (East) )

Mr. G D Raja ( Vice President (South) )

Mr Rajan Thaokar ( Vice President (West) )

Mr. Puneet Singh Chhatwal ( Vice President (North) )

Headquarters
Mumbai, India
Region served
India
Year stablished
2007
Address
702-A Sorento, Shanti Park, Ghatkopar East, Mumbai 400077,
Social Media
Sat Apr 20 2024
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