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Mr. Ambuj Chaturvedi, Executive Director of Overseas Infrastructure Alliance (India) Pvt. Ltd. appointed as the chairman of 'India Africa Business Promotion Council' of ASSOCHAM



Appointment of Mr. Ambuj Chaturvedi as Chairman of India Africa Business Promotion Council of Assocham


May 2015


New Delhi, India


Mr. AmbujChaturvedi, Executive Director of OIA hastaken charge as the Chairman of the India Africa Business Promotion Council (IABPC) of the Associated Chambers of Commerce and Industry of India(ASSOCHAM) with effect from May 13, 2015.

ASSOCHAM, established in 1920, is almost a century old chamber of Chambers which representsmore than 400 Industry Chambers and trade associations under its fold serving more than 450,000 corporate members across India.IABPC of ASSOCHAM represents the voice of industry in Africa and India which works on deliberation, consolidation andexploration of mutually beneficial economic engagement with members who represent industry of both sides andfacilitatespossible partnerships at bilateral, regional and continental level.

The Council is constituted of prominent members of ASSOCHAM, expertsand stakeholders having expertise and interests in Africa or desiring to explore business opportunities in Africa in sectors such as Agriculture, ICT, Energy,Infrastructure and others.The Council represents Indian industry to African Governments and Indian Government on Africa related issues for identification and forging of close relationships between Indian and African business partners in existing and new businesses and sectors .The Council will also take up specific issues with the respective governments, which may be the bottlenecks to African-Indian economic relationships, viz., Lengthy process of clearing goods through customs, Policies and Procedures between neighbouring countries, Differing Regulatory framework, Non-Tariff barriers and obstacles in regards to Visas andsuggesting the possible mechanisms.to resolve these issues.

Mr. AmbujChaturvedi, outlining the Vision of IABPC, said" The Council, with the advantage of long experience and expertise OIAbrings as a pioneer in Africa, will work towardsrealizing the full potential of Africa–India partnership in trade, projects and investments, by bringing together the broadest spectrum of industries and entrepreneurs on both sides of the Indian Ocean and by functioning as a thinktank to leverage the business synergies between Africa and India."

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