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The BCIC is a powerful business lobby in the State of Karnataka with an ability to influence and shape business. It is an authentic corporate voice of the state’s commercial and professional enterprises. ‘The Greater Mysore Chamber of Industry’, the precursor of BCIC, was founded in 1979 to promote, protect and preserve the interests of the large and medium industries while at the same time advancing the industrial, commercial and civic interests of Bangalore and the State. It is the voice of business and gives access to information to its members. The BCIC provides adequate exposure to businesses by way of organizing seminars, workshops and visits to industry to get a practical experience (Visit to Toyota and Wendt India in December 2008).
The Chamber is a proactive business solution provider with interactions at the highest political and with extensive national (associated with FICCI and ASSOCHAM) and international networking. Empowering business with competitiveness in the changing times is a challenging task to be fulfilled by the association. The mission of the BCIC is to spread ethical business practices with due role in CSR activities and to enhance the quality of life of the common people.
The core competence of the BCIC arises due to the reservoir of expertise and experience it has amongst its members. It operates through professional sub – committees and a well equipped Secretariat.
The BCIC plays a pre-eminent role in formation of economic policy of the country and the State. It motivates and assists its members to increase productivity. It helps promote highest standards of ethical behaviour amongst its member companies. It acts a catalyst in the promotion of trade, industry and entrepreneurship.
Structure and Composition: The BCIC is today a regional apex organization of the large and medium enterprises spread across several economic and commercial activities covering 95% of the capital investment and 90% of the labour employed in the corporate sector alone.
The BCIC has over 550 members across the State of Karnataka, India
Members of the BCIC represent the following sectors :
Trade (National and International)
Industry (Domestic and International)
Professionals (Chartered Accountants, Lawyers and Consultants)
The BCIC is associated with industrial associations and chambers of commerce in India and abroad. It has a network with key departments of Federal and State Governments and Corporate/Authorities. It is associated with foreign embassies, consulates and trade missions and trade and investment promotional organizations in India and abroad.
Service to members:
The BCIC works through several expert sub-committees in specific areas of immediate interest and concern to industry under the overall guidance of the General Committee.
Agri-business (Agro Industry and Food Processing)
Economic & Corporate Affairs
Banking & Finance
Human Resources & Training
Industry – Manufacturing
IT & ITES
It assists its members by timely dissemination of information and know-how on the latest policy and technical developments. It publishes a bi-monthly newsletter “Synergy” which addresses contemporary economic issues and carries valuable economic information.
Training and consultancy:
Organizes training programmes, workshops, seminars, exhibitions and conferences. Major exhibition on Agri and food processing industry in September 2009 along with Business Conventions International, a French partner and part of Euro money. It advises members on diverse subjects such as industrial growth, monetary and fiscal policy, economic planning, taxation and corporate laws, etc through the Secretariat or expert committees.
*Industry – Government Interface: *
It continuously interacts with the Central and State Governments for better appreciation of trade and industry points. It participates actively in Government advisory committees to help formulate policies conducive to business growth.
*Enhancing international business relations: *
Serves industry through day-to-day networking with Indian missions and counterpart organizations across the globe. It has established working relations through MoUs with counterpart organizations abroad. It arranges one-to-one meetings with business delegations.
Chambers Of Commerce