In­dus­try Cham­bers' Must Be­come a Two-way Chan­nel

FICCI Business Digest - - Policy Monitor -

9 May 2018

FICCI feels that the in­dus­try cham­bers' role must change from just be­ing a one-way chan­nel to fa­cil­i­tate the in­dus­try's needs through govern­ment to the one that en­sures the govern­ment and peo­ple's ex­pec­ta­tions and needs are also trans­lated into re­al­ity.

In­dia is chang­ing rapidly and the role of the cham­bers is also chang­ing from just be­ing an ad­vo­cacy group for the in­dus­try. It has to trans­late the needs of the govern­ment, the needs of the coun­try, to the in­dus­try. In­dia is at a fas­ci­nat­ing stage of eco­nomic growth and it needs in­vest­ments to cre­ate jobs and boost growth and for that we need to chan­nel­ize sav­ings.

FICCI is pro­mot­ing MSMEs and start-ups in a big way and city and re­gional in­dus­try cham­bers and plat­forms like CCCCC (Con­sul­ta­tive Com­mit­tee of City Cham­bers of Com­merce) have a crit­i­cal role in tak­ing this to much higher lev­els.

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