ASSOCHAM

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) is one of the apex trade associations of India. The organisation represents the interests of trade and commerce in India, and acts as an interface between industry, government and other relevant stakeholders on policy issues and initiatives. The goal of this organization is to promote both domestic and international trade, and reduce trade barrierswhile fostering conducive environment for the growth of trade and industry of India.

ASSOCHAM was established in 1920 by promoter chambers, representing all regions of India. The Association's head office is located in New Delhi and regional offices are located in the cities ofAhmedabad, Bangalore, and Kolkata. As of 2012, ASSOCHAM covers a membership of over 400,000 companies and professionals across the country.

ASSOCHAM members represent the following sectors:

• Trade (national and international)
• Industry (domestic and international)
• Professionals (e.g. CAs, lawyers, consultants)
• Trade and Industry Associations and other Chambers of Commerce

ASSOCHAM operates through 59 Expert Committees that provide an interactive platform to members for interaction and aid formulating policy recommendations to facilitate economic, industrial and social growth. The association has a special role in promoting international trade, and often hosts international trade delegates to India, along with sending delegations of Indian business groups to foreign locations. It also interacts with counterpart international organizations to promote bilateral economic issues. ASSOCHAM is a member of the International Chamber of Commerce, the World Business Organization, through ICC, India.

ASSOCHAM is authorised by the Government of India to issue Certificates of Origin, certify commercial invoices, and recommend business visa.

Odisha, Andhra Pradesh and Gujarat topped the list of favourite destinations for foreign direct investment (FDI) proposals during 2011-12.The mineral-rich Odisha was ranked first with over 27 per cent share of the FDI proposed last fiscal. 19 per cent share, Andhra Pradesh came second.Gujarat got the second highest number of FDI proposals at 131 and ranked third with a share of over 11 per cent attracting proposed investment worth Rs 20,258 crore. Chhattisgarh and Karnataka ranked fourth and fifth with over Rs 20,000 crore and Rs 14,000 crore investments respectively.Maharashtra got the highest number of 144 proposals, but ranked sixth with FDI worth over Rs 12,000 crore.