ASSOCHAM

{{short description|Trade association in India}}

{{Use Indian English|date=October 2016}}

{{Use dmy dates|date=September 2020}}

{{Infobox organization

| name = Associated Chambers of Commerce and Industry of India

| logo = ASSOCHAM New Logo.jpg

| logo_alt =

| logo_caption =

| type = Non-governmental trade association

| purpose = Policy advocacy

| traded_as =

| formation = {{start date and age|1920|df=y}}

| headquarters = New Delhi, India

| origins =

| sec_gen = Manish Singhal

| leader_title = President

| leader_name = Sanjay Nayar{{cite web |title=Sanjay Nayar takes over as Assocham president |url=https://economictimes.indiatimes.com/news/company/corporate-trends/sanjay-nayar-takes-over-as-assocham-president/articleshow/108983886.cms |website=The Economic Times |access-date=11 April 2024 |date=2 April 2024}}

| area_served =

| industry =

| num_members = over 450,000 companies

| num_employees =

| divisions =

| website = {{URL|http://www.assocham.org/}}

}}

The Associated Chambers of Commerce and Industry of India ({{Abbr|ASSOCHAM|Associated Chambers of Commerce and Industry of India}}) is a non-governmental trade association and advocacy group based in New Delhi, India.{{Cite web|date=2020-12-19|title=ASSOCHAM Foundation Week 2020: PM Modi to deliver keynote address today; to award Ratan Tata|work=DNA India|url=https://www.dnaindia.com/business/news-assocham-foundation-week-2020-pm-modi-to-deliver-keynote-address-today-award-ratan-tata-2862904|access-date=2023-12-29}} The organisation represents the interests of trade and commerce in India, and acts as an interface between issues and initiatives.{{Cite web|title=ASSOCHAM|url=https://uk.practicallaw.thomsonreuters.com/7-503-5265|website=Thomson Reuters}} The goal of this organisation is to promote both domestic and international trade, and reduce trade barriers while fostering conducive environment for the growth of trade and industry of India.{{Cite news|url=https://economictimes.indiatimes.com/news/economy/policy/welspun-group-chairman-balkrishan-goenka-is-new-assocham-president/articleshow/66261812.cms|title=Welspun Group Chairman Balkrishan Goenka is new Assocham president|date=17 October 2018|work=The Economic Times|access-date=7 January 2019}}{{Cite book |last1=Aggarwal |first1=Vinod K |title=Asia's New Institutional Architecture : Evolving Structures for Managing Trade, Financial, and Security Relations |last2=Koo |first2=Min-Gyo |publisher=Springer |year=2008 |isbn=978-3-540-72388-2 |location=Heidelberg |pages=243 |language=English}}

Background

ASSOCHAM was established in 1920 by a group of chambers of commerce led by the Calcutta Traders Association.{{Cite web|title=Associated Chambers of Commerce and Industry of India|url=https://www.britannica.com/topic/Associated-Chambers-of-Commerce-and-Industry-of-India|url-status=live|website=Britannica|archive-url=https://web.archive.org/web/20150920081000/http://www.britannica.com/topic/Associated-Chambers-of-Commerce-and-Industry-of-India |archive-date=20 September 2015 }} The Association's head office is located in New Delhi and regional offices are located in the cities of Ahmedabad, Bengaluru, Ranchi, Jammu, Chandigarh, Kolkata, Mumbai, Lucknow, Hyderabad, Jaipur and Bhubaneswar.{{Cite web|date=|title=About Us|work=ASSOCHAM|url=https://www.assocham.org/about-us.php|access-date=2023-12-30}}

ASSOCHAM members leads initiatives in various segments such as empowerment, healthcare, education and skilling, hygiene, affirmative action, road safety, livelihood, life skills, and sustainability.

The association has appointed Vineet Agar, the managing director of Transport Corporation of India, as its new president to replace Niranjan Hiranandani in 2021.{{cite news |last1=Shenoy |first1=Jaideep |title=Vineet Agarwal takes over as new Assocham president - Times of India |url=https://timesofindia.indiatimes.com/business/india-business/vineet-agarwal-takes-over-as-new-assocham-president/articleshow/79838185.cms |work=The Times of India |language=en}}{{cite news |title=Vineet Agarwal Appointed As ASSOCHAM President |url=https://humancapitalonline.com/News/details/1891/vineet-agarwal-appointed-as-assocham-president-#:~:text=Managing%20Director%20of%20logistics%20major,MD%2C%20Hiranandani%20Group%20of%20Companies |work=humancapitalonline |language=en}}

In 2021 the association held a virtual summit by the name of Xelerate North, where the Himachal Pradesh Industries Minister Bikram Singh and others were invited to discuss industry issues.{{cite news |title=ASSOCHAM holds Xelerate North 2021 to discuss industry issues |url=https://thefactnews.in/assocham-holds-xelerate-north-2021-to-discuss-industry-issues/ |work=TheFactNews |date=25 September 2021}}

In 2023, Rakesh Nangia, Founder and Managing Partner of Nangia & Co LLP and Chairman of Nangia Andersen India has been appointed as Chairman, International Tax Council of Assocham.{{cite news |title=ASSOCHAM International Tax council leadership team|url=https://assocham.org/council-leadership.php?name=international-tax|work=Assocham |date=25 April 2023}}

Committees

ASSOCHAM operates with more than 100 national and regional sector councils. It's a representative of the Indian industry, these Councils are led by well-known industry leaders, academics, economists and independent professionals. The Chamber works on aligning critical needs and interests of the industry with the growth aspirations of the nation. It also interacts with international counterpart organisations to promote bilateral economic issues.{{cite news|date=2021-03-09 |title=ASSOCHAM GEM Odisha Chapter Inaugurated|url=https://kalingatv.com/state/assocham-gem-odisha-chapter-inaugurated/ |work=Kalinga TV|access-date=2023-12-15}}{{cite news|date=2023-10-16 |title=Co-chairman elected for Assocham Telangana development council|url=https://www.thehindu.com/news/cities/Hyderabad/co-chairman-elected-for-assocham-telangana-development-council/article67427588.ece |work=The Hindu|access-date=2023-12-15}}

References

{{reflist}}