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India-Argentina Business Council (IABC)

The India-Argentina Business Council (IABC) was formally launched on 14 October 2020 by Ambassador of India to Argentina Mr Dinesh Bhatia and the Minister of Productive Development of the Argentine Republic, Dr. Matías Kulfas, in a ceremony organized at the Embassy of India in Buenos Aires, with the presence of Undersecretary of Multilateral and Bilateral Economic Negotiations of the Ministry of Foreign Affairs, International Trade and Worship, Ambassador Carola Ramón.

The council, IABC is an initiative of the Embassy of India. It is conceptualized as a non-profit organization comprising leading Indian companies doing business in Argentina and vice versa, as well as the leading exporters and importers between the two countries. The Council will function with the objective to foster a robust economic and commercial relationship between the two countries by identifying challenges and proposing solutions to issues hindering the commercial relationship, advancing trade and investment opportunities, and supporting economic growth in Argentina and India.

The Council is currently composed of representatives of the following companies and chambers:  Globant, TCS, UPL, Grupo Los Grobo, OLX, Royal Enfield, Infosys, CIARA, Tech Mahindra, Mahindra Comviva, Advanta Seeds, CRISIL, Bajaj Motorcycles, TVS Motor Company, CEAT Tyres, Sonalika, Hero Motorcycles, Glenmark Pharma, Godrej Argentina, Sri Sri Tattva, Cognizant, IMPSA, INVAP, Techint, AEGIS and AGCO.  

The council is expected to grow its membership in due course. More details will follow soon.