IBCL is a non-profit bilateral organization that aims to strengthen, foster, grow and even create new bilateral economic and business relationships between India and Luxembourg in various fields of technology, finance, healthcare, education, research & development tourism and culture. Its principal objectives are: - Act as a gateway in collaborating between business organizations in the two countries - Promote and strengthen trade between India and Luxembourg - Represent the commercial interests of its members to the Luxembourg and Indian authorities to encourage mutual commercial relationship - Assist its members in developing contacts for promotion of their products or services - Help potential investors in seeking commercial relationship between the two countries - Support and act as a facilitator in setting up of the new venture - Provide assistance in building bilateral relations in research, higher education and culture - Organize conferences, seminars, lectures, symposiums and networking platforms - Assist in organizing trade delegations from Luxembourg to India or vice versa