Indian Business Alliance is rated 3 out of 5 in the category nonprofit organization management. Read and write reviews about Indian Business Alliance. The Indian Business Alliance (IBA) is born in 1994 and is an umbrella organization for all Indian companies in Russia. It was established by a team of dedicated Indian businessmen under the patronage of the Embassy of India in Russia, and is exclusively devoted to the promotion of all the interests of the Indian business community in Russia. This is in conformity with IBA's founding members' aim of creating a platform to guide Indian businesspeople in Russia as well as other Indian entrepreneurs from India on relocating parts of their local and global businesses to this country.