IBCCI plans London festival for 100 Indian exporters, holds business talks with six countries

The International Business Chamber of Commerce and Industries (IBCCI) on Saturday brought together diplomatic representatives from six countries, government officials and industry leaders at an international business gathering in New Delhi to explore opportunities for cross-border trade, investment and business partnerships.

The event, titled India – Global Partnerships: Business, Trade and Sustainable Growth, was held at The Ashok in Chanakyapuri, with a special focus on women’s entrepreneurship and economic empowerment under the theme Connecting Women, Driving Inclusion, Creating Economic Prosperity.

The gathering was attended by Himachal Pradesh Governor Kavinder Gupta, along with diplomats, entrepreneurs, business representatives and other dignitaries.

A key highlight was the participation of diplomatic representatives from Brazil, South Africa, Mongolia, Guyana, Suriname and Fiji, who presented business and investment opportunities in their respective countries. They also shared information on government incentives, subsidies and business facilitation measures available to international investors.

The discussions aimed to help Indian entrepreneurs explore new international markets, understand investment regulations and establish commercial partnerships with businesses across the six countries.

During the gathering, IBCCI announced plans to organise a Bharat Cultural Festival in London, which is expected to provide an international platform for 100 Indian exporters to showcase their products and connect with overseas buyers.

The proposed festival will feature Indian textiles, fashion, jewellery, handicrafts, home and lifestyle products, along with cultural programmes showcasing Indian music, dance, cuisine and fashion.

According to the organisers, the initiative aims to connect Indian manufacturers, artisans and women entrepreneurs with international buyers, retailers, boutiques, buying houses and members of the Indian diaspora in the United Kingdom.

IBCCI has proposed a participation package of Rs 2 lakh per exhibitor, which will include a stall, return airfare to London, hotel accommodation and meals during the event. Visa arrangements will have to be made separately by participants.

Speaking at the event, Kapil Aggarwal, a governing council member of IBCCI, said the organisation aims to promote Indian products, culture and manufacturing capabilities in international markets.

“IBCCI aims to take India to the world by showcasing its heritage, culture, food, products and trusted supply-chain capabilities. Our vision is to transform ‘Vocal for Local’ into ‘Local to Global’, strengthen India’s exports, help reduce the trade deficit and create new international markets for Indian businesses,” he said.

Aggarwal added that the organisation intends to help Indian companies leverage opportunities arising from India’s expanding network of free trade agreements and establish stronger international business partnerships.

The discussions also highlighted the importance of direct engagement between diplomatic missions, business chambers and Indian enterprises to promote trade, investment and entrepreneurship.

IBCCI said it would continue facilitating international business engagements, with a focus on supporting women-led enterprises, encouraging entrepreneurship and creating opportunities for sustainable economic growth.

The organisation works to promote international trade, industry partnerships, entrepreneurship and cross-border economic cooperation through engagement with domestic and international stakeholders.