The Full form of FICCI is the Federation of Indian Chambers of Commerce and Industry. It is the oldest and one of the largest federations for business growth and becoming in India. Additionally, it came into existence in the year 1929. The two founders were namely: G.D Birla and Purushottam Das Thakurdas. The sole purpose of FICCI was to fast forward Indian industrialization by safeguarding Indian economics. However, The idea was presented to the founders by the father of the nation MK Gandhi. The FICCI has seen every scenic history of Indian economics. This includes Industrialization, Partition, the recession, and the fast growth of the economy.
FICCI is known as the Federation of Indian Chambers of Commerce and Industry. It is the oldest and one of the largest alliances for business growth and becoming in India. FICCI was to fast forward the Indian development by protecting Indian economics. Also, FICCI has seen every scenic history of Indian economics.
Furthermore, the FICCI safeguards the organization that is a part of it. It is a non-government and non-profit organization that is working for the betterment of Indian Industries. Also, any small size or medium size industry can be a part of this organization. FICCI helps its members with government policies and maintains business relations among them. It is also responsible for providing funding to various government or Non-government educational institutes. Moreover, this will not only cover business thinking but also a secure future for upcoming industries. FICCI helps its members stay strong at the time of any crisis.
The main functions of FICCI are given below:
- *undertakes economic research and encourages scientific research helpful for the development of industry & commerce.
- provides business education and technical education.
*provides library facilities to members.
*arranges seminars, conferences, and workshops on subjects of value to the business community.
Federation of Indian chambers of commerce and industry (FICCI)) established in 1927.
Some of the notable alumni of FICCI are Rajeev Chandrasekhar, Rajan Mittal, Amit Mitra, Krishna Kumar Birla, Hari Shankar Singhania, R. P. Goenka, Chirayu Amin, etc. FICCI is present in 12 states in India and 8 countries across the world. FICCI is a non-government, not-for-profit organization. FICCI has a membership of over 250,000 companies.
The president of the Federation of Indian Chambers of Commerce and Industry (FICCI) is Harshavardhan Neotia. Some of the allied organizations of FICCI are as follows:
- Confederation of Indian Food Trade and Industry
- Alliance for Consumer Care
- Ladies Organization
- Aditya Birla CSR Center for Excellence
- Confederation of Micro, Small and Medium Enterprises (CMSME)
- Arbitration and Conciliation Tribunal
| Term | Full Form |
| FICCI | Federation of Indian Chambers of Commerce and Industry |
FAQ’s
It is the oldest and one of the largest federations for business growth and becoming in India. Additionally, it came into existence in the year 1929.
FICCI is short form of Federation of Indian Chambers of Commerce and Industry.
Federation of Indian Chambers of Commerce and Industry is full form of FICCI.
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