Message From The President

Membership Renewal and Plan for 2024

Greetings of 2024! We hope the year has started-off well and shall bring more success to your business.

2024 is one of the most transformative years in last 10 years with high expectations amidst the global upheavals. The supply chain equations are rapidly changing with new pivots of transformation emerging. India is one such destination with amazing Infrastructure development over the last 7 years and a series of global initiatives taken including the creation of India Europe Economic Corridor. EU India Free Trade Agreement is already on a fast track after the visit of President Emmanuel Macron to New Delhi to join India’s 75th Republic Day celebrations on January 26. The positive impact of these developments is bound to reach to the companies operating out of Luxembourg. IBCL is committed to help Luxembourg companies take advantages of the changes.

IBCL has drawn up plans for 2024 to help its member navigate such changes. We started of the year with an informative and engaging discussion on Taxation and related regulatory regime currently operational between India and Luxembourg. Our next event shall be on February 26 in partnership with ArcelorMittal where IBCL shall host the business delegation from International Financial Services Centres Authority (IFSCA), Gujarat International Finance Tec-City, Gujarat to hold a roadshow in Luxembourg.

Thereafter on March 26, IBCL shall celebrate its 15th Anniversary at Deloitte with the event titled – ‘Luxembourg 2030 Kaleidoscope – reflections and prediction.’

The program shall reflect on the upcoming new policies, programs and the Luxembourg would fit in the fast evolving Europe. How the changes shall shape the foreign trade relations. Top Minister(s) from the govt of Luxembourg shall be invited to address the sessions. Strategic thinkers from the corporates shall present their views and engage in panel discussion with the Presidents of the leading Chamber of Commerce, namely AMCHAM and the association of financial services.

In parallel, IBCL is organizing three focused Mission Delegation visit to India as follows:

ET Global Business Summit, Feb 9-10, New Delhi

2nd edition of CII India Europe Business and Sustainability Conclave, Feb 20-21, New Delhi

ChemTECH World Expo 2024 and WaterEx, March 4-6, Mumbai

IBCL President, Aditya Sharma shall address industry or trade session at each of the above. Delegates attending the event under IBCL umbrella shall enjoy waiver of the registration fees. Travel and stay needs to be borne by respective attendees. More about the events on IBCL website and on the separate communications being sent out from the President’s office. We shall have an equally busy post summer 2024 as well. Plans are being chalked out.

Looking back, 2023 was a very successful year with focused yet unique events as listed below:

Event Name Date Media coverage
Knowledge & Technology Capability evolution and partnership November 7, 2023 Delano
Addressing Luxembourg Session at Bengal Global Business Summit, 2023 where Luxembourg was a Partner Country November 21-22, 2023 Embassy of Luxembourg Indian Express Chamber of Commerce
Partnering with World Trade Centre Mumbai for a conference on ‘Green hydrogen and green steel: India’s path to a green future’ July 4, 2023 Manufacturing Today India WTC
Launch of ‘Luxembourg Dialogues’ – a biannual event to bring together strategic thinkers June 14, 2023 Chronicle
New India, Growing India: What Luxembourg could offer and gain in the Partnership! March 27, 2023 Chronicle Chamber of Commerce
IBCL at G-20 Session, ‘TRADE AND INVESTMENT WITH G20 COUNTRIES - CHALLENGES AND OPPORTUNITIES’ at India Engineering Excellence Show, Chennai March 16, 2023 LinkedIN
Participation in Economic Round table at Global Business Summit, New Delhi Feb 17-18, 2023 Chamber of Commerce
Business Delegation to Uttar Pradesh Global Investors Summit 2023 Feb 10-12, 2023 Chronicle

IBCL website is updated with the photos of the above events. Speaker Presentation copies are made available to members.

A few additional links from the recent media coverage are:

https://chronicle.lu/category/indian-chamber-ibcl/48369-50-professionals-attend-indian-chambers-taxation-investment-policies-event
https://www.luxtimes.lu/businessandfinance/frieden-could-lead-more-pro-business-coalition-say-chamber-heads/4174220.html

We invite you, as our esteemed member to renew membership for 2024 at the earliest and avail of the mission visits, new initiatives to give higher visibility to your organization and get clearer understanding of the business dynamics.

Our Membership invoice for 2024 is enclosed. The renewal rates for 2024 are:

Corporate Member: Euro 825
SME Member: Euro 400
Individual Member: Euro 150

Any loyal member of 3 years or more standing could request for concessional rate to overcome any financial stress. Request for such a help should be addressed to The President, aditya@ibcl.lu and be made by February 15, 2024. All such requests will be dealt with in a confidential manner without any loss in the proposed membership amenities.

We would appreciate payment by February 20, 2024. In case any member needs an extended timeline, please make such a request over to radhika@ibcl.lu before February 10, 2024. IBCL would be glad to stand-by its members.

We shall look forward to your continued and active participation in redefining the trade relationship between Luxembourg and India.

With warm regards,

Aditya Sharma
President and Member of the Board
Indian Business Chamber of Luxembourg (IBCL)
M: +352 621 169 152   aditya@ibcl.lu | www.ibcl.lu

Strengthening Our Ties and Looking Ahead

Business Delegation to India - February 10 -18, 2023

Dear Patrons, 
Greetings of 2023!

Hope the year brings you success, happiness and good health.

Indian Business Chamber of Luxembourg is taking up an extended role in 2023 to help members expand their business outreach in India and to create enabling environment for new business Partnership to flourish. The role shall require us to make additional investment, of which we request our members to take maximum benefits.

Dear Members, Sponsors, and Partners,

I am honored to introduce myself as the new President and Board member of the Indian Business Chamber of Luxembourg (IBCL). As I step into this role, I want to express my sincere gratitude for your unwavering support and commitment to our mission over the years. Your contributions have been instrumental in establishing IBCL as one of the leading international bilateral chambers in Luxembourg, recognized by both Indian and Luxembourg authorities.

Since its launch in March 2009, IBCL has always stood as a non-profit, non-political, and neutral organization. Our mission remains steadfast: to create, develop, foster, enhance, and facilitate a two-way gateway for bilateral economic and business relationships between India and the Grand Duchy of Luxembourg, including the Greater Region.

Our membership is diverse, encompassing a wide range of industries and nationalities, all united by a shared commitment to collaboration and knowledge sharing. This collective strength enables us to effectively advocate for the interests of our businesses and the communities we serve.

We are proud of the activities we organize, including networking forums, business resources, information sessions, seminars, conferences, lectures, and bilateral or cross-border business programs. We act as a liaison between the Luxembourg and Indian business communities, promoting economic and business relationships for mutual benefit and assisting in organizing trade delegations.

As we look forward to the future, we are excited to share a robust pipeline of events and initiatives designed to strengthen our chamber and provide even greater value to our members. I urge you to actively support us in these endeavors. Your engagement is vital to our success, and we assure you that there will be much to look forward to in the coming year.

Thank you once again for your continued support. Together, we can achieve great things and further solidify the bond between our two great nations.

Yours sincerely,

Mr. Himanshu Upadhyay
President and Member of the Board
Indian Business Chamber of Luxembourg (IBCL)

Business Delegation to India - February 10 -18, 2023

Dear Patrons, 
Greetings of 2023!

Hope the year brings you success, happiness and good health.

Indian Business Chamber of Luxembourg is taking up an extended role in 2023 to help members expand their business outreach in India and to create enabling environment for new business Partnership to flourish. The role shall require us to make additional investment, of which we request our members to take maximum benefits.

Plan for 2023 & Membership Invoice

Greetings of 2023! Hope the year brings you success, happiness and good health.

Year of consolidation 2022, and expanded role in 2023

Year 2022 has been a year of consolidation for us with gaining Bilateral Accreditation Recognition from the Chamber of Commerce. The recognition shall allow us to carry out Projects with financial support from the Chamber of Commerce.

More about this shall be discussed in our upcoming meet on January 12, 2023 from 18h15 at SEED, 5 rue Chimay, L-1333 Luxembourg, Phone +352 26 20 13 75

A trade delegation shall be led by me to India during Feb 10-18, 2023, the details of the same have already been sent as an invitation on January 10, 2023. More such field visits are in the offing,

Business Conferences

Our usual model of holding conferences to build knowledge around the core issues shall continue. Members are welcome to spread awareness about their business presence by hosting one or more of such events on their premises with capacity to accommodate 30 or more attendees. They shall have the flexibility to bring speakers and set the theme of discussion. Media coverage shall be organized by IBCL.

Where so requested, IBCL shall come forward to co-share the direct costs of hosting such events. We invite expression of interest from six Corporates, including non-members. Those interested to host such events, please write to aditya@ibcl.lu by February 15, 2023. Selection shall be made on first-cum-first serve basis.

Anniversary

Our 14th Anniversary shall be celebrated in mid-April 2023 with launch of an international conference, titled ‘Luxembourg Dialogues’ where a delegation of businesspersons in India and speakers from the Benelux region would participate.

Formation of Committees

IBCL is inviting subject matter experts with 10 years or more of experience in a domain of interest to form, lead or join a committee in their interest areas. IBCL shall offer logistics support and shall take care of the expenses. The leader of selected Committee shall gain benefits of being an individual member. Each Committee shall be expected to hold one event of two hours, every six months. The role of the Chairperson shall rotate every year to other members of the Committee.

IBCL India Head Selected

Starting from January 1, 2023 IBCL have a physical representation in India through a former CEO (India) of leading Luxembourg based company with decades of profitable presence in India.

Corporate and SME Members could authorize IBCL India Head to represent them in business development talks or in carrying out preliminary due diligence on complementary basis for 2 hours per Quarter by bearing the budgeted travel and stay costs in advance. Additional hours could be made available at Euro 125 per hour.

The India Head shall meet and guide the business delegation during their India visit, especially during Feb 10 to 16, 2023.

Newsletter

We shall bring out quarterly newsletter providing an exclusive curated coverage on the business and geopolitical developments in the industry sectors in which our members operate. Members are welcome to suggest topics of interests or contribute articles. We are in talks with international business publication houses to source contents.

Updation of Website

Our website is going under revamp with new look and additional features such as promotion of one’s offering, online payment, instant registration, access to speaker’s presentation and more.

Renewal of Membership

After two years of concessional rates to help our members, we are reverting to full fees. We are hopeful of strong support of our members. The renewal rates for 2023 are:

Corporate Member: Euro 825
SME Member: Euro 400
Individual Member: Euro 150

In case any member makes us a request for extended help for 2023, our Board shall consider it on case-to-case basis, on a favorable basis. Such requests should be addressed to The President, aditya@ibcl.lu and be made by January 31, 2023. All such requests be dealt with in a confidential manner without any loss in the membership amenities.

We would appreciate payment by February 15, 2023. In case any member needs an extended timeline, please make such a request over radhika@ibcl.lu before January 31, 2023. IBCL would be glad to stand-by its members.

With warm regards,

Aditya Sharma
President and Member of the Board
Indian Business Chamber of Luxembourg (IBCL)

Business Delegation to India - February 10 -18, 2023

Business Delegation to India

IBCL shall, under its President Aditya Sharma, take a delegation to India to attend the following events in India: 

1) UP Investors’ Summit, Feb 10-12, 2023, Lucknow, UP, India

The State of Uttar Pradesh has a consumer base of 250 million people and is the 3rd largest economy in India with a high rating on ease of doing business. (IBCL met the Ministerial Delegation of the State of Uttar Pradesh on December 12, 2022 and was invited to bring a trade delegation to the Summit in the State capital of Lucknow during Feb 10-12, 2023 to be inaugurated by Chief Minister, Yogi Adityanath in the presence of Hon’ble Prime Minister, Narendra Modi.

The Introductory materials on the Summit are available here: Website , presentation and video.

Regular updates are available on twitter handles: @InvestUP; @UPGovt; @InvestInUp

The Belgium Chamber of Commerce may join the event under the IBCL umbrella. Select delegation members may have the opportunity to participate in Benelux roundtable.

The Summit shall create an opportunity to interact with leading business houses and senior decision makers from the Govt of India in addition to local officials in Uttar Pradesh.

2) 7th The Global Business Summit (GBS), 17-18 February 2023, New Delhi

https://et-gbs.com

The CEOs / Chairman of the Board of international companies, in the delegation shall have the option to extend the stay and attend the 7th edition of The Global Business Summit (GBS), on 17th & 18th February 2023, in New Delhi, to be addressed by Hon’ble Prime Minister Narendra Modi and global corporate leaders. The registration charges of Euro 1200 per head, shall be waived for IBCL nominated attendees.

The invitation dated December 21, 2022 received by IBCL from the Organisers to bring a delegation is available on this link:

ET-GBS 2023 Delegation Invitation

3) Responsible Renewable Energy Summit 2023 | 8th February 2023 – Delhi

The delegates arriving earlier shall have an option to attend Responsible Renewable Energy Summit 2023 | 8th February 2023 | Delhi.

Complimentary registration on event site.

A direct invitation could be sent by the respective organizers on request of IBCL.

The flight fare, stay and local conveyance shall be borne by delegates. The meals during the Summit days shall be hosted by organizers. No RT-PCR test or vaccination certificate required for travelers originating the journey from Europe.

The offer is open to paid Members for 2023. Those interested to join should transfer Euro 90 per delegate (non-refundable) to IBCL by January 24, 2023. The bank account details are:

Indian Business Chamber of Luxembourg
LU03 0030 6733 4505 0000
BGL BNP Paribas
BGLLLULL

In the narration please mention : Delegation <name>; <email id>

We look forward to your participation.

Christmas Greetings and Transition to 2022

Dear Members and Patrons, 

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.

The relations of Benelux region with the State of Gujarat goes back to 7th century and continues even today with the Netherlands and Belgium. Luxembourg is, now, poised to join.  

Indian Business Chamber of Luxembourg is proud to recollect that in September 2010, IBCL had hosted the delegates of the 5th edition of Vibrant Gujarat in Luxembourg. We held a conference on Gujarat together with the Ministry of Economy and had taken the delegates to the Integrated BioBank of Luxembourg, ArcelorMittal, Eupramat and to Luxembourg Stock Exchange premises.

In 2017, during the 8th edition of Vibrant Gujarat, Luxembourg was felicitated by Gujarat’s leading corporate, Adani Group and Gujarat Chamber of Commerce through IBCL Board Member, Aditya Sharma. A few memorable moments from 2017 are attached.

8th VG 2017 Adani Gujarat CoC

8th VG 2017 Adani Sudipta Bhattacharya

To consolidate these positive vibes into business opportunities,  IBCL shall organize an exclusive event on the Prime Ministerial Level Summits held between India and Luxembourg in the last 18 months. As per IMF, India’s GDP is expected to grow 9.5% in 2021 and 8.5% in 2022 with several opportunities for Luxembourg to participate.

 

So, stay tuned as exciting days unfold. We wish you a nice conclusion of 2021,

and a great start of 2022.

 

Enjoy the festive days!

 

Aditya Sharma

President 

SPONSORS

MEDIA PARTNERS

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Dear Esteemed Guest,

We hope you’re doing well and keeping Safe !!

Building on the success of the India’s biggest 5G India event series, we (Bharat Exhibitions and Broadband India Forum) are now happy to announce the 5th edition of 5G India 2021 Virtual Conference & Exhibition which will once again bring together India’s telecom industry leaders, policymakers and telecom analysts to discuss on the issues and opportunities related to the deployment of 5G, high-speed digital applications, and how such a technology could usher the country into New India. The event is scheduled on 23rd and 24th September 2021 wherein the 23rd September, virtual conference will start at 1500 Hrs to 1800 Hrs, IST and 24th September, virtual sessions will be Live at 1000 Hrs to 1600 Hrs, IST. The event focuses on how the telcos can make best use of 5G for cross-industry applications & digital transformation and how operators can manage the cost of unbridled traffic growth and exploit opportunities to capture sufficient revenues and generate a return on their 5G infrastructure investments.

Please find below electronic invitation of the virtual event. The Registration Link is also provided below for your convenience: https://5gindia2021.maximumvirtual.in/landing Virtual Event Timing on 23rd September : 1500 Hrs to 1800 Hrs (IST) Virtual Event Timing on 24th September : 1000 Hrs to 1600 Hrs (IST)

It would be great if you could kindly refer this event to your colleagues and friends by sharing the above registration link with them.

5G India 2021 Virtual Conference & Exhibition is going to attract 500 plus business audience representing key industry stakeholders such as operators, government agencies, regulator / policy enablers, technology companies, equipment and handset OEMs, Antenna providers, Test & Measurement Companies, international experts and consultants together on a platform to discuss, debate and work out an actionable, relevant and structured framework for deployment of mobile broadband networks across pan India.

For more event updates, please visit:: https://www.bharatexhibitions.com/en/5GI2021/index.html

We would be grateful to receive your registration and your gracious presence at the virtual event.

CONTACT INFO

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