New Delhi: The International Business Chamber of Commerce and Industries (IBCCI) has proposed organising a Bharat Cultural Festival in London to provide an international platform to 100 Indian exporters and help expand the global reach of Indian products.The proposal was unveiled during ‘India–Global Partnerships: Business, Trade and Sustainable Growth’, an international business conclave held at The Ashok in Chanakyapuri Saturday. The event brought together diplomats from Brazil, South Africa, Mongolia, Guyana, Suriname and Fiji, who made presentations on investment opportunities, business ecosystems and incentives available to foreign investors in their countries.The proposed Bharat Cultural Festival will showcase Indian textiles, fashion, jewellery, handicrafts and home décor products, alongside cultural performances, cuisine and fashion shows. The initiative aims to connect Indian manufacturers, exporters, artisans and women entrepreneurs with buyers, retailers and businesses in the UK.Under the proposed participation package of Rs 2 lakh, exhibitors will be provided stall space, return airfare, hotel accommodation and meals. Participants will have to arrange their visas separately.Kapil Aggarwal, governing council member of IBCCI, said the initiative seeks to transform the ‘Vocal for Local’ campaign into ‘Local to Global’ by helping Indian businesses access international markets and strengthen exports.The conclave, attended by Himachal Pradesh governor Kavinder Gupta, also focused on women’s economic empowerment and cross-border business partnerships. Representatives of the participating countries outlined their investment frameworks, govt incentives and business facilitation mechanisms to encourage Indian companies to explore opportunities in their markets.
