India Brand Equity Foundation ( IBEF ) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India in 1996 as India Brand Equity Fund (renamed in 2003). It has an objective of promoting and creating internationalawareness of the Made in India label in overseas markets and to facilitate dissemination of […] India Brand Equity Foundation ( IBEF ) is a Trust established by the Department of Commerce, Ministry of Commerce and Industry, Government of India. Get updated brochures from Export Promotion Council of India on agriculture to wool exports. Gain major business opportunities on your own items of exports. IBEF is a semi-government organization that promotes and creates international awareness of the Made in India label. It works with stakeholders across government and industry, and undertakes branding campaigns, sectoral initiatives, and reports on the Indian economy and business.