IBCL - Indian Business Chamber of Luxembourg ASBL

07/02/2024

Embassy of India to Belgium, Luxembourg and EU and International Financial Services Centres Authority (IFSCA) of India in Gujarat International Financial Tec City (GIFT City) in collaboration with the Indian Business Chamber of Luxembourg (IBCL) is organising an International Financial Services Centre Conference based on the theme of “Business Opportunities in India’s maiden IFSCA at GIFT City” from 4.30pm to 6.30pm on 26 February 2024 at ArcelorMittal, 24 – 26, Boulevard d’Avranches L -1160 Luxembourg.

The Indian delgation comprising IFSCA members and relevant members will be led by Mr K Rajaraman, Chairperson, IFSCA.

The event will highlight the business opportunities in GIFT IFSC followed by Panel discussion, Q&A and Reception.

Invitation card is attached. Programme of the event will be shared soon.

The link to the registration is given below:
https://forms.gle/QiPAu5n15i8WBWLBA

Kindly send your confirmation of participation on or before 20 February 2024 to: [email protected] and [email protected]

28/01/2024

Recap IBCL’s Tax Event at DSM Avocats à la Cour - 24 January 2024

▶ On January 24, 2024, the Indian Business Chamber of Luxembourg (IBCL) orchestrated a successful networking event at DSM Avocats à la Cour.

▶ Attended by over 50 professionals, the event entitled “Taxation and Investment Policies of India and Luxembourg for cross-border financing” provided a platform for insightful presentations, networking opportunities, and shared discussions over a delightful glass of wine.

▶ DSM Avocats à la Cour and ArcelorMittal generously sponsored the event. AmCham Luxembourg, represented by Paul SCHONENBERG, was the supporting chamber.

📰 Chronicle.lu and Delano were media partners.

▶ The event started with welcome address by Mario DI STEFANO Managing Partner, DSM Avocats à la Cour followed by an interesting context setting by Paul SCHONENBERG, President, AMCHAM.

▶ The speakers provided a very insightful yet crisp information and analysis. They were Alex PHAM (Tax Partner, DSM Avocats à la Cour); Rocio RIVAS from ArcelorMittal; Shahid KHAN from Kochhar & Co and Yogesh Mittal from JBM Environment. The Master of Ceremony was Maxime CUCHE (Marketing Officer), DSM Avocats à la Cour who managed the time quite well.

▶ Aditya SHARMA, EU - India Trade Policies Expert and IBCL President, presented an update on the EU-India Free Trade Agreement, highlighting the key challenges and the potential for Luxembourg. He also updated the audience about implementation of the Lux-India Social Security Agreement and the efforts of IBCL to make the administrative process simpler.

President Aditya updated the members about the upcoming three Mission visits to New Delhi and Mumbai.

He also invited members to join the next anniversary event on March 26 to discuss Luxembourg’s vision for 2030 with top decision makers.
He thanked members and appreciated the active engagement of attendees and of the sponsors.

Special thanks was extended to DSM Avocats à la Cour, for their pivotal role in hosting and contributing to the event's success and gratitude to the Board Members of IBCL.

🥂 The evening concluded with networking over excellent Indian snacks and drinks.

Avocats a la Cour

20/11/2023

Luxembourg is a Partner Country in the upcoming Bengal Global Business Summit 2023 being held in Kolkata, India during Nov 21-22.

𝐀𝐝𝐢𝐭𝐲𝐚 𝐒𝐡𝐚𝐫𝐦𝐚, President shall participate in the Country session and in B2G / B2B sessions representing Luxembourg corporate views. Ideas and inputs from our members, and corporates in general are welcome.

Please write to 𝐜𝐨𝐧𝐭𝐚𝐜𝐭@𝐢𝐛𝐜𝐥.𝐥𝐮

https://lnkd.in/gcPjeZZQ


Luxembourg

10/11/2023

Over 60 enthusiastic participants attended an enlightening evening session organized by Indian Business Chambers of Luxembourg (IBCL) on Tuesday, November 7th at the Auditorium at EY premises. The event brought Embassy of India, Businesses in Luxembourg together to discuss the evolution of talent & Technology in India and the potential partnerships between India and Luxembourg.

The event began with an engaging keynote speech by Mr. Chris Hollifield, the Head of Business Development at Luxembourg for Finance (LFF) highlighting the technological evolution in areas such as Fintech, payments, etc. in emerging markets such as India- which is leap frogging in the Digital world.

Mr. Ashok Kumar, an advisor, and Head of Industry and Engineering from Embassy of India in Brussels followed with his informative presentation that shed light on the policies adopted in India, which could directly benefit Luxembourg, sharing applications from both, urban and rural India.

Lastly, a diverse panel representing various industries which included Anjani Ladia (Head of Business Control at Q-EQ), Pranjul Shah (Responsible for University of Luxembourg, Incubator, Inventor, Entrepreneur, Educator), Lokdeep Singh (CEO of Talkwalker), and Manoj Kumar (CIO of Aperam), engaged in a compelling discussion providing significant insights such as the following: -
· India's talent pool in software engineering, data science, and AI can be leveraged to drive both innovation beyond just cost optimization.
· While initiatives to foster talent in Luxembourg have helped, corporates need to promote and create awareness to drive further growth opportunities.
· The key aspects that need to be addressed while offshoring include cultural alignment, understanding EU regulations, and aligning ways of working through sufficient training
· Universities and incubators partnering with academic institutions and research centres in India, such as those with IITs, can enable stronger partnerships on talent development between India and Luxembourg.
· Partnering with incubators in India and establishing start-ups' offices in Luxembourg can provide significant growth opportunities for entrepreneurs in both countries.
· Technology partnerships with India can address business challenges in process improvements, innovation, and creating a centre of excellence.

Mr. Perses Bilimoria, Honorary Consulate of the Grand Duchy of Luxembourg in Mumbai was also present for the event, and he gave his perspective on the collaboration between Luxembourg and India.

The IBCL event was well appreciated by the audience, which gave Indian Diaspora as well as Business in Luxembourg to connect and exchange and find some common initiatives. IBCL looks forward to organizing more initiatives in future in Luxembourg and will be also planning some Trade delegations in India to promote Luxembourg as Bilateral chamber.

If you are keen to join such initiatives, please reach out at [email protected]

12/03/2023

IBCL, in association with Indian Embassy, shall hold the event “New India: Your Investment Destination and Partner” during the celebration of its 14th Anniversary Event on Monday, March 27, 2023 from 3pm onwards at Deloitte Auditorium, 20 Bd de Kockelscheuer, 1821 Luxembourg.

The event shall be addressed by the CEO of Invest India, Deepak Bagla together with the Ministry of Economy Luxembourg and the CEOs of ArcelorMittal Luxembourg and Paul Wurth, among others. The Hon’ble Ambassador of India to the European Union, Luxembourg and Belgium shall grace the occasion.

More details on www.ibcl.lu

Please register here: https://lnkd.in/d-uT6rJ2

Date: 27th March 2023, Monday Time: from 14:00 to 18:00 Address: Deloitte Luxembourg (20 Boulevard de Kockelscheuer, L-1821 Luxembourg) Contact us at [email protected]

27/01/2022

https://chronicle.lu/category/indian-chamber-ibcl/39309-interview-aditya-sharma-on-how-indian-chamber-adapted-to-covid-19-pandemic
https://lnkd.in/eqiseYxQ

Chronicle.lu recently got the opportunity to speak with Aditya Sharma, President and Member of the Board of... }}

27/01/2022

https://chronicle.lu/category/indian-chamber-ibcl/38249-indian-chamber-advocates-business-as-usual-in-new-event-focus
https://lnkd.in/d9HZgfCu

On Friday 5 November 2021, the day after the Festival of Lights, Diwali, the Indian Business Chamber of Luxembourg... }}

27/01/2022

https://chronicle.lu/category/business-networking/38472-ibcl-combines-buisness-networking-with-bowling
https://lnkd.in/eJfgBd9Q
🙂

On 24 November 2021, the the Indian Business Chamber of Luxembourg (IBCL) held its first in-person post-pandemic... }}

29/12/2021

'IBCL wishes you a Merry Christmas!

India-Luxembourg business relations are taking new heights with Prime Minister Xavier Bettel attending the 10th edition of Vibrant Gujarat Global Summit during January 10-12, 2022 which will be inaugurated by Narendra Modi, Prime Minister of India.'

Kindly click on the link below to read the full message.

https://ibcl.lu/new-2/

02/06/2021

The Indian Business Chamber of Luxembourg is pleased to support its partner Bridge India to raise donations for India Covid -19 relief fund.

Bridge India is a UK-based charity that has been conducting Covid Relief efforts in India, with a focus on hard-to-reach communities. Their ongoing projects include food distribution, providing oxygen concentrators, oximeters and purchasing and fitting out private ambulances for Covid Care Centres in Muzaffarpur and Patna (Bihar), Uttarahalli (Bangalore), Gurgaon, Delhi, Harda (Madhya Pradesh) and elsewhere. Both in Bangalore and Patna, the projects are working directly with the local municipal authorities to support the most needy members of society.

Bridge India is able to track to donations on the ground, so donors are safe in the knowledge their funds are being directed efficiently. Donors receive a detailed weekly update on activities, with pictures and videos. You can follow updates from some of their projects on Facebook, Twitter, LinkedIn and Instagram.

Bridge India Members have already transported oxygen concentrators from London to Delhi, created a makeshift hospital with 25 beds in Jharkand and converted a van into a ambulance with a bed, oxygen cylinders, a defibrillator, and trained paramedic and driver in Bangalore. An ongoing project is distributing 1000 food rations to Covid-positive patients a week in Patna and Muzaffarnagar.

They will continue to work on these initiatives and you can help.
To support Bridge India’s Covid Appeal, donate online here

https://www.bridgeindia.org.uk/join-our-covid-appeal-today/

Alternatively, you can make a bank transfer to:

Account Name: Bridge India
Bank: Charities Aid Foundation
Sort Code: 40-52-40
Account Number: 00032824
IBAN: GB10CAFB40524000032824

IBCL Team thanks and appreciates all for your donations and support.

@75
https://indiaat75.in/

22/03/2021

IBCL is pleased to announce the appointment of Mr. Aditya Sharma to the position of the President, effective March 4, 2021.

Mr. Sudhir Kumar Kohli, founding President assumes the role of Honorary Chairman and shall continue to guide the Management team as a Board Member.

Mr. Aditya has identified collaboration among the Chambers of Commerce, to take forward the EU-India Summit Declaration of July 2020 as his high priority.

@75 (A CII Initiative) # India in Belgium India Business Support # LUin India Trade Centre Mumbai Chamber of Commerce Aditya Sharma