India has enjoyed close cultural and economic ties with the Arab world since ancient times. Currently there are many important Indian investments in Arab countries. UAE and Saudi Arabia rank third and fourth respectively in terms of top 25 trade partners of India with a positive trade balance for India. To boost trade ties with the region Government of India has been taking various initiatives like inviting Arab countries to invest in India. In Arab countries, sectors like infrastructure, transport, education, health care, housing, business services, logistics, agriculture, oil and petrochemicals, financial sector, defense, industrial outputs as well as renewable energy pose huge investment opportunity to the world. To reap benefits of emerging markets in India and Arab world India-Arab Chamber of Commerce, Industries and Agriculture is formed to serve as a facilitator for smooth expansion of the economic and trade ties benefiting both the parties involved.
Our vision is to promote strategic, economic and cultural partnership between India and Arab countries by endorsing sustainable socio-economic development models and capacity building in several key sectors. The chamber is committed to fulfill its vision by prompting various cultural and business networking initiatives in seven identified sectors that present great opportunity for partnership to both countries.
Our mission at,India-Arab Chamber of Commerce, Industries and Agriculture is to facilitate the smooth expansion of economic, trade and cultural ties between India and the Arab world. Established in 2017, the chamber aims at promoting bilateral trade and investment in key sectors like infrastructure, energy, healthcare, water resources management, agriculture and food processing, education and information technology in next five years. IACCIA works closely with diplomatic and business circles of both the parties and mobilizes financial, technological and human resources to fulfill its vision. The chamber also plays the role of a policy advocate, financial advisor and capacity builder. It acts as a mentor to small and medium scale enterprises from both the sides that are interested in doing business in either India or any of the twenty two Arab countries in the League of Arab States. It assists them in developing their business model, get access to finance and also provides legal assistance on several relevant issues. Apart from this the chamber also works closely with the diaspora of both the regions and provides them necessary assistance in case of emergency or distress.