Manish Singhal Appointed Secretary General of ASSOCHAM
The Associated Chambers of Commerce and Industry of India (ASSOCHAM), one of India’s oldest apex business chambers (established in 1920), has appointed Manish Singhal as its new Secretary General. Singhal, an industry veteran with over 35 years of experience, takes over from Deepak Sood, who served for five years and transformed the chamber’s operations, leaving behind a robust financial foundation. Singhal’s career spans leadership roles in organizations like Tata Motors, Eicher (Volvo), and FICCI, where he was Deputy Secretary General.
Incoming Leadership: Singhal brings proven expertise in policy advocacy and international business, expected to help ASSOCHAM scale new heights.
Outgoing Legacy: Deepak Sood is credited with revitalizing ASSOCHAM, ensuring a healthy balance sheet, and enhancing the chamber’s influence.
ASSOCHAM continues to advocate for policy measures that bolster India’s economic ecosystem, representing 4.5 lakh members, including large corporations and MSMEs.
Pre-Budget Recommendations: The chamber recently suggested extending presumptive taxation to new-age businesses like data centers and cloud computing to simplify compliance and reduce tax disputes.
MSME Growth: Recommendations include establishing MSME universities for skill development and creating Integrated Infrastructure Townships to revive industrial estate programs.
| Key Point | Details |
|---|---|
| Why in news | Manish Singhal appointed as the new Secretary General of ASSOCHAM, replacing Deepak Sood. |
| Outgoing Secretary General | Deepak Sood served for five years and revitalized ASSOCHAM’s financial foundation. |
| Experience of Manish Singhal | Over 35 years of experience, including leadership roles in Tata Motors, Eicher (Volvo), and FICCI. |
| Established Year of ASSOCHAM | 1920 |
| Membership | Represents over 4.5 lakh members, including large corporates and MSMEs. |
| Focus Areas | Policy advocacy, MSME growth, pre-budget recommendations on presumptive taxation, and infrastructure. |
| Recent Recommendations by ASSOCHAM | Extending presumptive taxation to data centers, cloud computing; establishing MSME universities. |
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