The Indo-Canadian Business Chamber (ICBC) is the only organization based in India which is dedicated to promoting Indo-Canadian economic and bilateral relations. ICBC works closely with the High Commission of Canada in India on core issues and initiatives related to bilateral trade in the India-Canada business corridor.
Since its inception in 1994, ICBC has contributed immensely to the ongoing increase of bilateral trade and its diversification by exchange of trade and investment delegations, power launches, interactive sessions and creating tie-ups with bilateral chambers of India’s neighbouring countries like Nepal, Bhutan and Sri Lanka. It acts as a bridge between Canada and these adjoining countries and has signed MOU’s with the Business Chambers of these countries. It also has a strong connect with the Chambers in Canada, namely Indo-Canada Chamber of Commerce (ICCC) and C-IBC (Canada-India Business Council)
Headquartered in New Delhi, ICBC has five operating regional councils in New Delhi, Ahmedabad, Mumbai, Bengaluru, and Kolkata. Having a strong membership base from a cross-section of business and industry and in a variety of sectors, its main focus is on sectors such as Education and Advanced Skills Development, Energy, Infrastructure, Aerospace, ICT and Legal services and, therefore, also works through active committees broadly in these areas.
Over the years, ICBC has had the privilege of hosting Indian and Canadian Federal and Provincial Ministers, senior government officials, business leaders, Presidents of Canadian Universities and various high level business and government delegations. For its exceptional role played in promoting bilateral trade and building strong relationship between the two countries, the Chamber received the Governor General’s Medallion for being a friend of Canada in 2014. By signing a Memorandum of Understanding with the Government of West Bengal recently, ICBC has taken giant steps towards enhancing business opportunities for Canadian companies in India. With its pan-India presence and fervent networking activities, ICBC’s contribution to the increase in Indo-Canadian bilateral trade has been enormous. It proactively continues to assist the two countries in formulating policies to facilitate trade.