New Delhi: The Federation of Indian Chambers of Commerce and Industry (FICCI) has officially announced that Harsha Vardhan Agarwal will serve as the President-Elect for the 2024-25 term. This key decision was made during the FICCI National Executive Committee Meeting (NECM). Agarwal, currently serving as Senior Vice President at FICCI, will succeed Dr. Anish Shah as the President following FICCI’s 97th Annual General Meeting (AGM) on November 21, 2024, in New Delhi.
Harsha Vardhan Agarwal: A Seasoned Business Leader with Vast Experience
Harsha Vardhan Agarwal is a second-generation leader at the Emami Group, one of India’s leading business conglomerates. As Vice Chairman and Managing Director at Emami Limited, he has been instrumental in driving the company’s growth. Under his leadership, Emami has achieved remarkable success in the FMCG (Fast-Moving Consumer Goods) sector, which includes personal care, healthcare, and consumer goods.
With a revenue of USD 3.1 billion, Emami has diversified its portfolio over the years, and Agarwal’s strategic vision has contributed to its success both in India and abroad. He has been an essential member of the strategic leadership team, shaping Emami’s plans for expansion and innovation.
FICCI: India’s Premier Industry Body for Economic Growth and Development
Established in 1927, FICCI is one of India’s oldest and most influential industry bodies. With a mission to promote business growth, innovation, and policy reforms, FICCI plays a vital role in India’s economic development. The organization connects industry leaders, policymakers, and government officials to address sectoral challenges and foster collaboration within the business community.
FICCI operates through a network of specialized committees focused on a wide range of industries, including manufacturing, healthcare, technology, infrastructure, and financial services. These committees actively engage with industry stakeholders to share knowledge, recommend solutions, and promote sustainable growth in India’s dynamic economy.
FICCI’s Role in Promoting Global Trade and Investment
In addition to its domestic contributions, FICCI plays an integral role in enhancing India’s global trade and investment relationships. The association works towards supporting Indian businesses in expanding their international presence and attracting foreign investments into India. As President-Elect, Harsha Vardhan Agarwal will lead FICCI’s efforts to strengthen India’s position in global markets, advocating for the nation’s economic interests and furthering the organization’s mission to create a thriving business ecosystem.
A Vision for the Future: Harsha Vardhan Agarwal’s Leadership at FICCI
As the new President-Elect of FICCI, Harsha Vardhan Agarwal’s leadership will be pivotal in steering the organization towards achieving new milestones in economic policy advocacy, business collaboration, and global trade expansion. With his extensive experience in both the corporate sector and within FICCI, Agarwal is poised to make significant contributions to India’s economic growth and innovation. His tenure promises to build on the strong foundation laid by his predecessors, further advancing India’s business interests on the global stage.
MCQs Based on the Article
1. Who has been appointed as FICCI President-Elect for the 2024-25 term?
A) Dr. Anish Shah
B) Harsha Vardhan Agarwal
C) Shri Jagat Prakash Nadda
D) Smt. Anupriya Patel
2. What is the revenue of Emami Limited, led by Harsha Vardhan Agarwal?
A) USD 1.5 billion
B) USD 3.1 billion
C) USD 5 billion
D) USD 2 billion
3. What is the role of FICCI in India’s economic landscape?
A) FICCI focuses solely on healthcare
B) FICCI promotes economic growth, innovation, and policy reforms
C) FICCI is focused on education only
D) FICCI works exclusively with government entities
4. Which industry sectors are represented by FICCI’s network of committees?
A) Agriculture and Farming
B) Manufacturing, healthcare, technology, infrastructure, and financial services
C) Entertainment and Sports
D) Arts and Culture
5. What is one of FICCI’s key roles in global trade?
A) Limiting exports from India
B) Enhancing India’s global trade and investment relationships
C) Reducing foreign investments in India
D) Promoting local markets only
6. When will Harsha Vardhan Agarwal officially become the FICCI President?
A) December 2024
B) November 21, 2024
C) January 2025
D) February 2025
7. What is the major focus of FICCI as an organization?
A) Promoting the use of fossil fuels
B) Connecting business leaders, policymakers, and government officials
C) Reducing the number of industries in India
D) Limiting international collaborations
