Question

When was the Federation of Indian Chambers of Commerce and Industry (FICCI) established in India?
1. 1948
2. 1952
3. 1939
4. 1927

Answer 1

Correct Answer - Option 4 : 1927

The correct answer is 1927.

• The Federation of Indian Chambers of Commerce and Industry (FICCI) is a non-profit trade organization and lobbying organization located in India.
• In 1927, Indian businessmen Mr. G D Birla and Purshottamdas Thakurdas launched the company on Mahatma Gandhi's recommendation.
• It is India's largest, most influential, and oldest commercial organization.
• It is a non-governmental, non-profit organization. Members of FICCI come from the private and public sectors, as well as SMEs and multinational enterprises.
• The chamber has around 250,000 indirect members through a variety of regional chambers of commerce.
• It focuses on firm development, advertising, and networking in a given industry.

• It is based in New Delhi, India's capital, and operates in 12 states and eight countries worldwide.
• India's only national ATA Carnet issuing and assuring organization is the FICCI.
• ATA Carnets are used to carry temporary equipment across borders by TV/film crews, journalists, engineers, musicians, and industry.