The Associated Chambers of Commerce and Industry of India (Assocham) is keeping the momentum going in developing entrepreneurship and Indian businesses.
Around the same time it celebrated World Entrepreneurs’ Day with a conference in New Delhi, Assocham has opened a representative office in North America. The goal of the new office is to invite more trade with the US.
Chaired by Pavan Abraham, president, PeopleHive LLC, the North America office of Assocham forms part of the chamber’s strategic plan to expand into promising markets and strengthen global competitiveness of Indian businesses. It would also work towards attracting foreign investments to India.
“The Assocham chapter office will actively promote, support, and facilitate investors, entrepreneurs, and other leaders across the region and further boost the immense potential for bilateral trade and commerce that exists between India and the US, especially in sectors like defence, natural gas, energy, education, space tech, healthcare, and others,” said Assocham president Sandeep Jajodia.
“We at Assocham are committed to strengthening our presence in countries that provide opportunities for growth and expansion for Indian business community. Llooking at the potential between the two countries, we encourage domestic companies to explore business opportunities in North America and are willing to assist them in this regard,” he said.
Assocham seeks to leverage the strength of its understanding of various global markets to provide strategies and opportunities to its members for overall development and optimised usage of knowledge-based resources. It has been actively involved in bringing out studies, surveys, and research papers on issues relevant to Indian business.