The Netherlands India Chamber of Commerce & Trade is a non-commercial, voluntary association of business concerns and professionals with an interest in business and economic relations between India and The Netherlands. The NICCT came into being in 2003 as a result of the merger between the India Trade Council and the Indo Dutch Chamber of Commerce, both of which had functioned in The Netherlands for many years and had similar objectives & activities. Membership of the NICCT is growing rapidly. Currently more than 100 Dutch companies including major banks, insurance companies, IT related companies and multinationals are members of the NICCT and are participating actively in its activities. Objectives: The primary objective of the NICCT is to promote business and economic relations between India and The Netherlands to the mutual benefit of both countries. The economies of both countries are mutually complementary in many ways and there is a significant scope for expansions of trade and business relations. Knowledge and understanding of both countries’ business environments is a prerequisite for expanding business relationships between them. The NICCT endeavours to play a significant role in expanding this knowledge and creating a favourable climate for further improvement of business relations between these two countries.To achieve these objectives, the NICCT serves as a focal point for contacts and information concerning Indo-Dutch trade and business relations, whereby it aims to represent, promote, and protect the common interest of its members. The NICCT also strives towards progressive liberalisation, reduction, and eventual elimination of tariffs & restrictions on trade between both countries. As such, the NICCT provides an active platform, initiating many opportunities for networking on economic relations between India and the Netherlands. Activities: The NICCT is a very dynamic bi-national chamber of commerce in The Netherlands. It organizes many kinds of activities to promote business and economic relations between India and The Netherlands. Its activities include match making trade missions to India, receiving trade delegations from India, seminars and net working receptions. On February 6-7, 2007, the NICCT in cooperation with the Foundation for Critical Choices for India and the Netherlands Water Partnership (NWP) organized a seminar on “Water Management in India and the Role of Dutch Technology". This has resulted in the creation of India Netherlands Water Platform to stimulate cooperation between India and The Netherlands in the development of India’s water resources.Since its inception in 2003, the NICCT has organized many pioneering activities: In the first year of its existence the NICCT highlighted the visa problems for Indian knowledge workers and businessmen coming to the Netherlands by bringing together on a common platform all the stakeholders for an open discussion. That has contributed to the easing of visa problems for Indian knowledge workers.

In same year 2003, the NICCT organized first major seminar in The Netherlands on ICT related services from India. Since then there is an increasing recognition in The Netherlands about India’s potential in this important field and opportunities for Dutch business concerns.In 2004 the NICCT organized the first privately funded Match Making Trade Mission to India. This Mission has contributed to the establishment of new Dutch business concerns/joint ventures in India. It led to the contacts which have contributed to the IIFA Film Awards being held in Amsterdam in June 2005. It has also encouraged other Dutch organizations to send similar trade missions to India.In 2006, the NICCT joined hands with the ING Banking and Insurance Group and KPMG, in organizing a major seminar on ‘Investing in India Opportunities and Challenges". This seminar has stimulated further Dutch interest in doing business with India. In January 2007, the NICCT has initiated a new series of annual lectures on “Prospects for Growing Indian Economy and Its Relevance for Europe". The first lecture under this series was given by the Chief Economist of the ING Banking and Insurance Group, Mr. Mark Cliffe. In 2008 Mr. Wim Suyker, senior economist of the Netherlands Bureau for Economic Policy (CPB) shared his views with the audience, in 2009 NICCT presented Mr. Joost van den Akker and Mr. Ashwin Matabadal of the Rabobank as speakers, while Mr. J.J. Boillot, renowned French economist, was key note speaker last year. Furthermore the NICCT organises yearly the highly appreciated Netherlands India Business Meet and the India Business Award.

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