Federation of Indian

Chambers of Commerce
& Industry

BY-
ADEEBA PARVEZ
ADIBA SAJID
 INTRODUCTION
The Federation of Indian Chambers of Commerce & Industry (FICCI) is a
non-governmental trade association and advocacy group based in India.FICCI
is the voice of India's business and industry. From influencing policy to
encouraging debate, engaging with policy makers and civil society, FICCI
articulates the views and concerns of industry. FICCI provides a platform for
networking and consensus building within and across sectors.
 HISTORY
Established in 1927, on the advice of Mahatma Gandhi by Indian businessman G.D.
Birla and Purshottamdas Thakurdas. It is the largest, one of the oldest and the apex
business organisation in India. It is a non-government, not-for-profit organisation.
FICCI draws its membership from the corporate sector, both private and public,
including SMEs and MNCs. The chamber has an membership of over 250,000
companies from various regional chambers of commerce. It is involved in sector-
specific business building, business promotion and networking.

Currently, it is headquartered in the national capital New Delhi and has a presence
in 12 states in India and 8 countries around the world.
 FUNCTIONS
1. Role in policy making:
FICCI plays a pivotal role in formulation of economic and finance policies. By engaging with the policy
makers, government and civil society Federation of Indian Chambers of Commerce and Industry influences
the policies by way of articulating the views and suggestions of industry.

2. Jointly works with similar associations of foreign countries:

Works with joint business councils and private industrial alliances situated across the globe in the areas of
trade enhancements, industry partnerships to voice the opinion of the Indian industry on global forum.

3 Provides guidance and education:

Provides guidance and education to its member organizations by way of publishing informative journals
useful to the business community. And acts a conflict resolver among them by way of mutual discussion on
the problems.
4. Conducts various programs and events:
Conducts workshops, seminars, business meets and conferences to discuss, debate
various upcoming and existing policies of the government.

5. Assistance to government:
Assist the government in the areas of the trade negotiations with foreign countries and
sends their experienced personnel to the abroad to study the economy and business
environment.

6. Provides information on exports:

Provides credible and valuable information on potentials and new developments in
foreign trade by studying the trade environment and imports regulations of many
foreign countries.
 COMMITTEE OF FICCI
● FICCI Corporate Laws Committee: This committee focuses on legal and regulatory
issues affecting businesses in India.
● FICCI Higher Education Committee: This committee works to promote and enhance the
quality of higher education in India.
● FICCI Health Services Committee: This committee focuses on improving the quality and
accessibility of healthcare in India.
● FICCI Committee on Insurance and Pensions: This committee focuses on policy issues
related to insurance and pensions in India.
● FICCI Real Estate Committee: This committee focuses on promoting investment and
growth in the real estate sector in India.
● FICCI Food Processing Committee: This committee works to promote the development
of the food processing industry in India.
● FICCI Committee on Agriculture: This committee focuses on issues related to
agriculture and agribusiness in India
 BENEFITS TO MEMBER
ORGANISATION
■ Member organizations can participate in Exhibitions, Trade Fairs,
Conferences, Seminars and workshops conducted by Federation of Indian
Chambers of Commerce and Industry.
■ They can access FICCI’s information library such as reports on various
policy researches, knowledge papers and periodical journals.
■ Members can participate in formulating economic & industrial policies
through close linkage with the Government.
■ As a member of the large business networking community one can work
with other players in the industry to achieve the maximum results.
 DRAWBACKS OF FICCI
Limited representation:
FICCI primarily represents the interests of large corporations and may not adequately
represent the needs and concerns of smaller businesses or other stakeholders.

Lack of transparency:
Some critics have raised concerns about FICCI's lack of transparency in its decision-
making processes and its close ties with government officials.

Political bias:
FICCI has been accused of being politically biased towards the ruling party and may
not always advocate for policies that benefit all stakeholders.
.
 .

Inadequate focus on sustainability: Some have criticized FICCI for not doing
enough to promote sustainable business practices and for prioritizing short-term
profits over long-term environmental and social sustainability.

Insufficient engagement with civil society: FICCI may not always engage
sufficiently with civil society groups and other stakeholders outside the
business community, potentially limiting its ability to represent diverse
perspectives and interests.
THANK YOU