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FICCI

India-Specific

Federation of Indian Chambers of Commerce and Industry — India's oldest and largest apex business chamber.

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Sources

  1. Federation of Indian Chambers of Commerce and Industry — History ficci.in accessed 23 September 2026

FICCI’s own history dates it to a resolution passed at “the Fourth Session of the Indian Industrial and Commercial Congress … held at Calcutta from the 31 December, 1926 to 2 January, 1927 under the presidentship of Sir Dinshaw M Petit”. The resolution approving the constitution of the Federation of Indian Chambers of Commerce “was proposed by Sir Purshotamdas Thakurdas and seconded by Prof Benoy Kumar Sarker”, with Pandit Madan Mohan Malaviya among those commending it. The present name came shortly after: “two years later, the name was changed to the Federation of Indian Chambers of Commerce and Industry, thus emphasizing its character as representative not only of commerce but also of Industry.” That is what FICCI is — a federation of chambers and associations rather than a body of individual firms, and an industry representative rather than a regulator, which is the distinction that matters when weighing what a FICCI position or publication is evidence of.

What this source settles. Where a statute or a directive is quoted, that instrument governs within its own jurisdiction and its later amendments prevail over any summary. Where a body describes itself, the page is authoritative for what the body is and does, and not for how well it does it. Where a case study is cited, it records one dispute at one time and is evidence of the problem rather than of the current legal position.

Related terms

From the AJG lexicon archive (July 2026).

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