What is the full form of FICCI

FICCI: Federation of Indian Chambers of Commerce and Industry

FICCI stands for Federation of Indian Chambers of Commerce and Industry. FICCI is the largest and oldest apex business organisation in India. It is a non-government, not-for-profit organisation.

It was Established in 1927, on the advice of Mahatma Gandhi by GD Birla and Purshottamdas Thakurdas. Its history is closely interwoven with India’s struggle for independence, its industrialization, and its emergence as one of the most rapidly growing global economies.

FICCI provides a platform for networking and consensus building within and across sectors and is the first port of call for Indian industry, policy makers and the international business community.

Functions of FICCI:

FICCI plays a pivotal role in formulation of economic and finance policies
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
Provides guidance and education to its member organizations by way of publishing informative journals useful to the business community
Conducts workshops, seminars, business meets and conferences to discuss, debate various upcoming and existed policies of the 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.