31 FICCI Past Presidents from 1994-2025 felicitated at ‘FICCI Foundation Day’
FinTech BizNews Service
MUMBAI, 7 April 2026: Mr Jishnu Dev Varma, Governor of Maharashtra today while addressing the ‘FICCI Foundation Day’ event said that FICCI has had the distinction of witnessing pre - independence and post-independence changes in terms of regulatory control and post liberalization, market led growth. The Federation’s contribution in making Mumbai, the economic power engine of the country has been commendable. “In its 99 years of journey FICCI has empowered countless entrepreneurs, witnessed success stories and even faced challenges,” he added.
31 FICCI Past Presidents from 1994-2025 were felicitated at ‘FICCI Foundation Day’ event.
The Governor emphasized the important role that FICCI will play in the journey towards becoming Viksit Bharat. “Under the guidance and leadership of the Hon’ble Prime Minister of India Shri Narendra Modi, India is advancing towards becoming a “Viksit Bharat” by 2047. FICCI should continue to stand as a trusted partner in achieving this goal. The success of ‘Viksit Bharat’ rests on the foundation of ‘Viksit States’,” he added.
As a leading contributor to India’s economy and largest contributor to direct taxes, the Governor stated that Maharashtra plays a pivotal role in advancing this aspiration through industrial strength, innovation, and human capital development. “Maharashtra’s $1 trillion economy vision reflects its ambition to emerge as a global hub for manufacturing, services, innovation, and inclusive growth. As the constitutional head of the State, my office has consistently emphasized the importance of industry participation, innovation, and investment in addressing complex public challenges,” he highlighted.
The Governor also urged FICCI to collaborate with the state and its universities to create a constructive platform for dialogue, partnership, and implementation across priority areas of socio-economic development. “The Federation is entering its Centenary year at a critical global juncture. The ongoing conflict in the Middle East has already impacted on the economies of nearly all countries in varying degrees. While our governments are taking all necessary measures to safeguard India’s interests- particularly in energy security - it would be both timely and appropriate for FICCI to commission comprehensive studies assessing the overall impact of the conflict on different sectors of the Indian economy. We need to find out how we can mitigate the suffering of the poorest and the marginalised people, who are getting affected by the war,” he added.
Mr Jaykumar Rawal, Minister of Marketing and Protocol, Govt of Maharashtra said that India today stands at a defining moment in its economic journey. “Under the leadership of Hon’ble Prime Minister Narendra Modi ji, the country continues to be one of the fastest-growing major economies in the world. Within India, Maharashtra serves as a leading growth engine, contributing over 13.5 per cent to the nation’s GDP, attracting nearly 40 per cent of total FDI, and consistently ranking as the top investment destination,” he added.
Addressing the ‘Special Session’ at Foundation Day, earlier during the day, Mr Uday Kotak, Founder and Director, Kotak Mahindra Bank while emphasizing the role of FICCI in India’s economic journey said, “History is made at turning points, and India is at one such moment. We (industry) must seize this opportunity and do so with a sense of urgency and purpose, the very same spirit with which FICCI was founded in 1927, and which Mahatma Gandhi ji believed made it an institution for nation-building in 1931.”
Mr Kotak further urged the industry to invest more in research and innovation. India has established itself by creating world class manufacturing companies and manufacturing capability for India. “But the biggest area where FICCI can play an important role in the journey towards Atmanirbhar Bharat is to create ‘middle manufacturing’ capability for companies with capital between Rs 100 crore to 1,000 crore,” he added.
Mr Anant Goenka, President, FICCI said, “Maharashtra remains a key driver of India’s economic momentum, setting benchmarks in manufacturing, services, and financial innovation, as one of the country’s most industrialized and investment-friendly states.”
Mr Harsh Pati Singhania, Past President, FICCI said, “FICCI marked a turning point for Indian industry. As we approach the centenary of this historic journey, we now move forward to Viksit Bharat, as envisaged by our hon’ble Prime Minister.”
Ms Jyoti Vij, Director General, FICCI said, “FICCI is preparing to celebrate its centenary year in 2027, marking the pathway for rapid manufacturing expansion, green transitions and a sharper push for global competitiveness across Indian industry.”
Mr Vijay Sankar, Senior Vice President, FICCI delivered the vote of thanks
During the event, 31 FICCI Past Presidents from 1994-2025 were felicitated at ‘FICCI Foundation Day’ event.
