IBEF Commemorates 28 Years of Promoting Indian Trade and Industry on the Global Stage
New Delhi, July 11, 2024: The India Brand Equity Foundation (IBEF) proudly marks its 28th anniversary today, celebrating nearly three decades of significant contribution towards promoting the 'Made in India' label and enhancing India’s stature in the global market. Founded on July 11, 1996, by the Department of Commerce, IBEF has been instrumental in broadcasting the prowess and potential of Indian industries worldwide.
Throughout these years, IBEF has become a crucial part of the Department of Commerce, driving numerous initiatives and partnerships with a wide array of central and state institutions, councils, and boards. By advocating for India as a progressive, forward-looking, and vibrant economy, IBEF has played a key role in the nation’s economic advancements.
The organization's official platform, www.ibef.org stands as a premier repository of detailed information encompassing various sectors, states, and union territories of India. Recognized as a top source for updated insights on the Indian economy and business environment, the website serves stakeholders across the globe.
IBEF's initiatives and campaigns have resonated both in India and internationally, significantly enhancing the global perception of India among international buyers, investors, and governments, thus boosting the marketability of Indian products and services worldwide. Collaborative efforts with industry associations, export promotion councils, and various government ministries have shaped numerous sectoral brand campaigns focused on exports. Industries such as agriculture, food processing, engineering, plantation commodities, carpets, leather, and services have seen tangible benefits and increased international recognition due to IBEF’s endeavors.
This past year has been notably impactful as IBEF supported the Department of Commerce in its activities related to India's G20 Presidency, promoting trade and orchestrating various branding activities. Focused campaigns on Agriculture products like Rice and Millets, and Engineering sectors including Medical Devices and Construction Equipment have been pivotal.
As it commemorates 28 years of excellence, IBEF extends its gratitude towards the Department of Commerce, its Board of Trustees, its dedicated team, and all other stakeholders for their constant support. Committed to continuing its role in advancing India’s economic growth and enhancing its global standing, IBEF is enthusiastic about its future initiatives and the opportunities that lie ahead.
About India Brand Equity Foundation (IBEF)
Established in 1996 as a Trust under the Department of Commerce, the India Brand Equity Foundation (IBEF) is dedicated to promoting the 'Made in India' label and enhancing India's economic presence in global markets. IBEF collaborates with various stakeholders to conduct impactful initiatives and campaigns that showcase India's diverse sectors and business potential. By facilitating trade and investment opportunities, IBEF aims to position India as a leading destination for global trade and investment.
For more information, visit www.ibef.org