The India China Alliance for Cooperation which was earlier known as the India China Alliance Centre (ICAC) is an organisation which focuses on promoting Sino-Indian bilateral trade, investment and cultural cooperation. It has strong linkages with mainland China across provinces on the economic, business, education, trade and cultural front.
The Centre seeks opportunities to promote Sino-Indian bi-lateral cooperation. It works closely with Indian and Chinese Private Sector Companies and Public Sector Undertakings / State Owned Enterprises; Trade and Investment Promotion Bodies; Central, Provincial and Municipal Governments.
Mr. Piyush Bahl (late) founded the Centre, post his stint in Shanghai in 2003, where he was heading the Confederation of Indian Industry’s east Asia operations. He saw immense opportunity in the two giants of the sub continent and given his excellent relationships with China’s provinces, he saw merit in setting up a formal body that could promote mutual interests.
The Centre was officially launched on 30th October, 2003 in New Delhi in the presence of Mr. A. K. Thakur, the then Joint Secretary (East Asia), Ministry of Commerce and Industry, Government of India and Mr. Hao Kang Li, Vice Mayor, Chengdu Municipal Government, Sichuan Province, The People’s Republic of China.
It has since grown to expand its footprint in not just the different provinces and cities of China, namely, Shanghai, Beijing, Shenyang, Hangzhou (Zhejiang Province), Suzhou (Jiangsu Province), Ningbo Jinan, Qingdao, Shougang, Guangzhou, Kunming but also neighbouring Hong Kong, Thailand, Singapore and Taiwan.
China’s growth story is a subject of much interest across the world, especially, developing nations. ICAC is in the process of firming up exchange programmes with educational institutes between Mexico and China.