IBEF Marks 27 Years of Promoting 'Made in India' Label and Global Business Opportunities

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IBEF Marks 27 Years of Promoting 'Made in India' Label and Global Business Opportunities
11 Jul 2023
4 min read

News Synopsis

Celebrating 27 Years of IBEF's Contributions

Pioneering the Promotion of "Made in India" Label The India Brand Equity Foundation (IBEF) is delighted to commemorate its 27th anniversary since its establishment on July 11, 1996. As a Trust under the Department of Commerce, IBEF has played a crucial role in promoting the "Made in India" label and showcasing India's vast business potential to the world.

Driving Economic Growth and Collaboration Over the past 27 years, IBEF has evolved into a significant entity within the Department of Commerce, spearheading initiatives and fostering collaboration with central and state institutions, councils, and boards.

Through its focused efforts, IBEF has become a driving force behind India's economic growth, portraying the country as a forward-thinking and vibrant economy.

IBEF's Online Platform: A Gateway to Indian Economy

Comprehensive Information and Global Reputation IBEF's website, www.ibef.org, has transformed into a premier reference center, providing comprehensive information on various Indian sectors, states, and union territories.

Recognized as one of the finest sources for up-to-date information on the Indian economy and business, the IBEF website has significantly contributed to enhancing the global perception of India among customers, investors, and governments worldwide.

IBEF's Impact and Collaborative Initiatives

Sector-Specific Branding and Export Focus IBEF has successfully executed multiple sectoral brand initiatives with a strong focus on exports. Working closely with industry groups, export promotion councils, commodities boards, and central and state ministries, IBEF has made notable contributions to sectors such as agriculture, food processing, engineering, plantation commodities, carpets, leather, and services.

These efforts have resulted in improved international recognition and enhanced trade prospects.

Support for India's G20 Presidency and Trade Promotion

Over the past year, IBEF has played a pivotal role in supporting the Department of Commerce's initiatives related to India's G20 presidency, trade promotion, and various branding operations.

By collaborating closely with stakeholders, IBEF has facilitated the success of sectoral campaigns in agriculture and engineering, further promoting Indian products and services globally.

Expressing Gratitude and Future Commitments

Acknowledging Support and Consistent Efforts As IBEF celebrates 27 years of excellence, it expresses gratitude to the Department of Commerce, the Board of Trustees, the dedicated team, and all other stakeholders for their unwavering support.

With a steadfast commitment to boosting India's economic growth and global reputation, IBEF looks forward to embarking on a continued journey of innovation and progress in the years ahead.

Here are some relevant and latest facts for the above news:

  • IBEF was established in 1996.

  • IBEF's website, www.ibef.org, is a premier reference center for comprehensive information on many Indian sectors, states, and union territories.

  • IBEF's programs and campaigns have had a global impact, reaching over 100 million people in 2022.

  • IBEF has worked with industry groups and government agencies to promote India's business interests in over 50 countries.

  • IBEF's activities have boosted India's economy, generating over $10 billion in export revenue in 2022.

  • IBEF is committed to continuing its work in the years to come, and it is confident that it can play a significant role in India's economic growth.

Here are some additional facts that are relevant to the news:

  • India is the world's fastest-growing major economy.

  • India has a young and growing population.

  • India is a major manufacturing hub.

  • India is a growing market for foreign investment.

Conclusion

IBEF's 27-year journey has been marked by significant contributions in promoting the "Made in India" label and fostering global business opportunities.

Through its collaborative efforts, comprehensive information platform, and sector-specific initiatives, IBEF continues to play a pivotal role in shaping India's economic landscape and showcasing its potential to the world.

TWN Special