The India ASEAN Trade Council (IATC), headquartered in Bangalore, is a dynamic non-governmental organization established in June 2023. The council's primary objective is to facilitate enhanced efficiency and coordination among Indian companies operating in ASEAN countries, including Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam.
Led by President Dr. Asif Iqbal, the IATC is committed to accelerating economic, social, and cultural development in the ASEAN region. The council actively promotes Indian businesses and educational initiatives through the 'Make in India' programs, aiming to bolster bilateral trade and investments.
The IATC's organizational structure includes regional trade commissioners who oversee specific areas such as Maharashtra, Kerala, Telangana, and education and healthcare. These commissioners play a pivotal role in leading delegations to ASEAN countries, fostering closer trade and educational links.
The council offers a comprehensive range of services, including policy advocacy, business information services, EXIM initiatives, agri-business initiatives, and cultural and educational programs. These services are aimed at enhancing the implementation of projects and activities by Indian companies in ASEAN countries.
The IATC's strategic location in Bangalore, a hub of technological and industrial innovation, underscores its commitment to promoting the 'Make in India' initiative. The council's efforts are geared towards fostering closer cooperation with existing international organizations within the ASEAN framework, creating a more integrated and prosperous region.
In conclusion, the India ASEAN Trade Council serves as a vital bridge between Indian companies and ASEAN nations, promoting economic growth, cultural exchange, and mutual understanding. Through its initiatives, the council aims to strengthen ties between India and ASEAN countries, paving the way for a brighter, more interconnected future.
