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Mention different types of Chambers of Commerce in India. Explain any one.

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In India, Chambers of Commerce have been organised at both regional and national levels. 

1. Regional Chambers of Commerce 

  • Indian Chamber of Commerce (Kolkata) 
  • Bengal Chamber of Commerce (Kolkata)
  • Indian Merchants Chamber (Mupabai)
  • Mewari Chamber of Commerce (Mumbai)
  • Madras Chamber of Commerce (Chennai)
  • Punjab, Haryana and Delhi Chambers of Commerce (New Delhi).

2. National Chambers of Commerce

  • Federation of Indian Chambers of Commerce and Industry (FICCI)
  • Confederation of Indian Industry (CII)
  • Associated Chambers of Commerce and Industry (ASSOCHAM)
  • All India Organizations of Employers (AIOE)

FICCI: The Federation of Indian Chambers of Commerce and Industry (FICCI) was established in 1926 in New Delhi. It acts as an apex central body of businessmen in India. It consists of both individual and corporate members. 

Its membership consists of 50 chambers of commerce and trade associations, 200 overseas members, and 1500 associate members. Its management is vested in an executive committee. FICCI acts as a representative body of Indian business. It is a non-government, not-for-profit organization. FICCI draws its membership from the corporate sector, both private and public, including SMEs and MNCs. The chamber has an indirect membership of over 2, 50,000 companies from various regional Chambers of Commerce. It is involved in sector specific business policy consensus building, and business promotion and networking. It is headquartered in the national capital New Delhi and has presence in 11 states in India and 8 countries across the world.

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