The Associated Chambers of Commerce and Industry of India () is a
Non-governmental organization, non-governmental trade association
A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. An industry tra ...
and
advocacy group
Advocacy groups, also known as interest groups, special interest groups, lobbying groups or pressure groups use various forms of advocacy in order to influence public opinion and ultimately policy. They play an important role in the developm ...
based in
New Delhi, India
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...
. The organisation represents the interests of trade and commerce in India, and acts as an interface between issues and initiatives. The goal of this organisation is to promote both
domestic
Domestic may refer to:
In the home
* Anything relating to the human home or family
** A domestic animal, one that has undergone domestication
** A domestic appliance, or home appliance
** A domestic partnership
** Domestic science, sometimes c ...
and
international trade
International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy)
In most countries, such trade represents a significant ...
, and reduce
trade barriers
Trade barriers are government-induced restrictions on international trade. According to the theory of comparative advantage, trade barriers are detrimental to the world economy and decrease overall economic efficiency.
Most trade barriers work ...
while fostering conducive environment for the growth of trade and industry of India.
Background
ASSOCHAM was established in 1920 by a group of chambers of commerce led by the Calcutta Traders Association. The Association's head office is located in
New Delhi
New Delhi (, , ''Naī Dillī'') is the capital of India and a part of the National Capital Territory of Delhi (NCT). New Delhi is the seat of all three branches of the government of India, hosting the Rashtrapati Bhavan, Parliament House ...
and regional offices are located in the cities of
Ahmedabad
Ahmedabad ( ; Gujarati: Amdavad ) is the most populous city in the Indian state of Gujarat. It is the administrative headquarters of the Ahmedabad district and the seat of the Gujarat High Court. Ahmedabad's population of 5,570,585 (per t ...
,
Bengaluru,
Ranchi
Ranchi (, ) is the capital of the Indian state of Jharkhand. Ranchi was the centre of the Jharkhand movement, which called for a separate state for the tribal regions of South Bihar, northern Odisha, western West Bengal and the eastern area ...
,
Jammu
Jammu is the winter capital of the Indian union territory of Jammu and Kashmir (union territory), Jammu and Kashmir. It is the headquarters and the largest city in Jammu district of the union territory. Lying on the banks of the river Tawi Ri ...
,
Chandigarh
Chandigarh () is a planned city in India. Chandigarh is bordered by the state of Punjab to the west and the south, and by the state of Haryana to the east. It constitutes the bulk of the Chandigarh Capital Region or Greater Chandigarh, which al ...
and
Kolkata
Kolkata (, or , ; also known as Calcutta , the official name until 2001) is the capital of the Indian state of West Bengal, on the eastern bank of the Hooghly River west of the border with Bangladesh. It is the primary business, comme ...
. , ASSOCHAM covers a membership of over 4.5 lakh companies and professionals across the country.
ASSOCHAM members represent the following sectors:
* Trade (national and international)
* Industry (domestic and international)
* Professionals (e.g., CAs, CSs, CMAs, lawyers, consultants)
The association has appointed Vineet Agar, the managing director of Transport Corporation of India, as its new president to replace Niranjan Hiranandani in 2021.
In 2021 the association held a virtual summit by the name of Xelerate North, where the Himachal Pradesh Industries Minister Bikram Singh and others were invited to discuss industry issues.
Committees
ASSOCHAM operates 59 Expert Committees, 10 state councils and 11 International Councils that provide an interactive platform to members for interaction and aid formulating policy recommendations to facilitate economic, industrial and social growth. The association has a special role in promoting international trade, and often hosts international trade delegates to India, along with sending delegations of Indian business groups to foreign locations. It also interacts with international counterpart organisations to promote bilateral economic issues. ASSOCHAM is a member of the
International Chamber of Commerce
The International Chamber of Commerce (ICC; French: ''Chambre de commerce internationale'') is the largest, most representative business organization in the world. Its over 45 million members in over 100 countries have interests spanning every s ...
, the World Business Organisation, through ICC, India.
ASSOCHAM is authorised by the Government of India to issue Certificates of Origin, certify commercial invoices, and recommend business visa.
References
External links
Official website
{{DEFAULTSORT:ASSOCHAM
1920 establishments in India
Trade associations based in India
Chambers of commerce in India
Ministry of Micro, Small and Medium Enterprises
Non-profit organisations based in India
Organisations based in Delhi
Organizations established in 1920