ASSOCHAM initiated its endeavour of value creation for Indian industry in 1920. Having in its fold more than 400 Chambers and Trade Associations, and serving more than 4 lakh members from all over India. It has witnessed upswings as well as upheavals of Indian Economy, and contributed significantly by playing a catalytic role in shaping up the Trade, Commerce and Industrial environment of the country.
Today, ASSOCHAM has emerged as the fountainhead of Knowledge for Indian industry, which is all set to redefine the dynamics of growth and development in the technology driven cyber age of 'Knowledge Based Economy'.
ASSOCHAM derives its strength from its Promoter Chambers and other Industry/Regional Chambers/Associations spread all over the country.
Empower Indian enterprise by inculcating knowledge that will be the catalyst of growth in the barrierless technology driven global market and help them upscale, align and emerge as formidable player in respective business segments.
As a representative organ of Corporate India, ASSOCHAM articulates the genuine, legitimate needs and interests of its members. Its mission is to impact the policy and legislative environment so as to foster balanced economic, industrial and social development. We believe education, IT, BT, Health, Corporate Social responsibility and environment to be the critical success factors.
ASSOCHAM represents the interests of more than 4,00,000 direct and indirect members. Through its heterogeneous membership, ASSOCHAM combines the entrepreneurial spirit and business acumen of owners with management skills and expertise of professionals to set itself apart as a Chamber with a difference. Currently, ASSOCHAM has 80 National Councils covering the entire gamut of economic activity in India. It has been especially acknowledged as a significant voice of Indian industry in the field of Information Technology, Biotechnology, Telecom, Banking & Finance, Company Law, Corporate Finance, Corporate Social Responsibility, Economic and International Affairs, Tourism, Civil Aviation, Corporate Governance, Infrastructure, Energy & Power, Education, Legal Reforms, Real Estate & Rural Development etc.
21st century has aligned Indian industry to global market economy. Business operations in international market environment have presented Indian industry new challenges where safeguarding knowledge of technology and innovations through patents play a pivotal role. The overall perspective of corporate management has seen a turnaround of 360 degrees where new variables are emerging at turbulent pace. In this new era, ASSOCHAM has emerged as a key differentiator for dissemination of tactical and strategic business intelligence that drives initiatives for market consolidation and developmental growth.
ASSOCHAM is all geared up to leverage its strength of its exhaustive understanding of various global markets and provides strategies and opportunities to its members for overall development and optimized usage of 'Knowledge Based Resources'.
Pursuant to alignment with Global Economy, various spheres of Indian economy have attained a visible growth, consistency and have catapulted it to the position of fastest growing economy in the world. A number of geo-political factors are responsible for this growth, but the most influential one is the enormous HR capital base of highly skilled managerial and technical manpower. ASSOCHAM is committed to help accomplish the targeted economic growth.
ASSOCHAM has always laid impetus on building a "broad consensus on fiscal discipline & prudence" leading to an acceptance that trade in global matrix is beneficial for economy's growth. Various councils of ASSOCHAM have organized dedicated sessions on emerging areas of contemporary importance viz. Wealth Maximization, Mergers and Acquisitions, Nanotechnology and Biotechnology, BPO & KPO, VAT, Corporate Governance, Renewable Energy, Public Private Partnership etc.
ASSOCHAM is always a front runner and has been very actively involved in bringing out studies, surveys and research papers on current topical issues. ASSOCHAM is authorised by the Government of India to issue Certificates of Origin, Certify commercial invoices and recommend business visa.
ASSOCHAM has been a significant contributory factor in the emergence of new-age Indian Corporates, characterized by a new mindset and global ambition for dominating the international business. The Chamber has addressed itself to the key areas like India as Investment Destination, Achieving International Competitiveness, Promoting International Trade, Corporate Strategies for Enhancing Shareholders & Stakeholders Value, Government Policies in sustaining India's Development, Infrastructure Development for enhancing India's Competitiveness, Building Indian MNCs, Role of Financial Sector the Catalyst for India's Transformation.
Over the years, ASSOCHAM has transformed itself from a reactive, representation-forwarding organisation to a forceful, proactive, forward-looking institution equipping itself to meet the aspirations of corporate India in the new world of business. Today, there is need for greater involvement of business and industry with the Government in international fora on issues such as intellectual property rights, environmental safeguards, anti-dumping and quality standards etc. The concept of industry-government partnership has therefore assumed vital importance and has to be carefully fostered to speed up the economic and industrial development of the nation. ASSOCHAM is working towards creating a conducive environment for Indian business to compete globally. The Chamber is being re-engineered to shoulder the responsibility of serving its constituents even more effectively and its expertise of professional to set itself apart as a Chamber with a difference.
It has especially focused on Afro-Arab region to assist Indian SME's to expand share of their global market. Successful Indian Trade Fairs in Sudan, Sharjah and Yemen received wide appreciation, more are being planned. Huge trade delegations to Brazil, US, UK, West Africa, China, Pakistan, opening overseas offices in Sharjah, Moscow, China, MOU partnership with business Chambers in more than 45 countries, bringing out Economic and Trade bulletins on Africa and Arab region are only few of constantly expanding of ASSOCHAM.
ASSOCHAM strongly urges the policy makers, business houses/ entrepreneurs and students (the future of India) to grasp the golden opportunity of leading the country in the resurgent India.