Abhyuday Jindal Named New President of Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC), a prominent national business association, has appointed Abhyuday Jindal, Managing Director of Jindal Stainless Limited, as its new president. The announcement was made during ICC’s annual plenary session held in New Delhi, where Commerce and Industry Minister Piyush Goyal served as the chief guest.

Minister’s Address

• Commerce and Industry Minister Piyush Goyal served as the chief guest.
• Emphasized the critical role of young leaders in shaping India’s future.
• Urged the ICC to expand support for startups, women entrepreneurs, and the evolving startup ecosystem.
• Goyal highlighted the need to leverage government initiatives for enhancing skill development and employment among youth.
• Encouraged the ICC to promote India as a global tourism hub and connect local talent with international opportunities.

Vision for India

• Goyal stated, “The India story is shining bright, and the world is watching,” emphasizing the need for industry and government collaboration.
• Called for a collective effort from citizens to serve the nation and work towards a prosperous India.

Abhyuday Jindal’s Vision and Commitment

Vision 

• Jindal expressed his commitment to making ICC a key catalyst for economic growth and innovation.
• Aims to strengthen ICC’s role in supporting India’s ambition to become a USD 35 trillion economy by 2047.

Sustainable Practices

• Plans to promote sustainable business practices and inclusive growth.
• Advocacy for policies that empower Indian industries on a global scale.

Background

• Jindal is a graduate of Boston University with a degree in Economics and Business Management.
• Has successfully led Jindal Stainless in operational efficiency improvements and transformation towards sustainability.

Discussion With Italian Counterpart

• Included a discussion with Antonio Bartoli, Ambassador of Italy to India.
• Emphasized enhancing India-Italy bilateral relations amid recent geopolitical developments, such as the Red Sea crisis.
• Advocated for international collaboration to secure trade routes and foster cultural exchanges.

During the annual plenary session of the Indian Chamber of Commerce (ICC), alongside the appointment of Abhyuday Jindal as president, new leaders were also inducted to strengthen the organization’s leadership team.

New Appointments

Brij Bhushan Agarwal

• Vice Chairman and Managing Director of Shyam Metalics. 
• Appointed as the Senior Vice President of ICC.

Parthiv Vikram Neotia

• Executive Director of Ambuja Neotia. 
• Assumed the role of Vice President of ICC.

Indian Chamber of Commerce (ICC)

• Founded in 1925, the Indian Chamber of Commerce (ICC) is the foremost and only national chamber of commerce in India, headquartered in Kolkata.
• It is recognized as one of the most proactive and forward-looking chambers in the country, with a diverse membership that includes some of the most prominent industrial groups in India.

Historical Significance

• Established by a group of pioneering industrialists led by Mr. G D Birla.
• Played a significant role in the Indian Freedom Movement, serving as the first organized voice for indigenous Indian industry.

Vision and Mission

• ICC’s forte lies in its ability to anticipate future needs, respond to emerging challenges, and prepare stakeholders to capitalize on changes and opportunities in the economy.
• Aims to support and promote the interests of its members while fostering a conducive environment for economic growth.

Membership

• Comprises major industrial groups, ensuring representation from various sectors of the economy.
• Provides a platform for businesses to network, collaborate, and engage in advocacy efforts.