ASSOCHAM New President Nirmal Minda to Drive Industrial Innovation and Sustainability in India

Nirmal Kumar Minda, the Executive Chairman of Uno Minda Group, replaced Sanjay Nayar as the President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Amitabh Chaudhry, who is the Managing Director and CEO of Axis Bank, has been elected as the Senior Vice-President. As an innovator in the auto component sector, Minda has influenced the automotive supply chain in a great way in the last 50 years. Minda, under his leadership, focused on innovation, localization, and customer-centricity. His term as the ASSOCHAM President is likely to be signified by the agenda of Make in India, MSME development, digital economy, and sustainability, entering a new age of development in the organization.

Important Key Facts About Nirmal Minda & Amitabh Chaudhry

• UNO Minda Group is a major manufacturer of auto components, and the Executive Chairman.

• Will become President of ASSOCHAM in 2025.

• It has 75 plants in 6 countries with headquarters at Manesar, Haryana.

• Emphasizes Make in India, micro-enterprise development, digital economy, and sustainability.

• Being awarded with EY Entrepreneur of the Year and the Best CEO Award.

• These values are leadership, innovation, localization, and a customer-focused approach.

Highlights About Amitabh Chaudhry

• Chaudhry has vast experience in the banking and financial services industry.

• Being the MD and CEO of Axis Bank, he has driven the organization through the stages of digital and operational growth, as well as enhanced customer orientation.

• Provided his Assocham appointment is passed, it will be his first step into the major league of industry advocacy.

Conclusion 

Nirmal Minda, as the ASSOCHAM President, is a milestone towards the industrial and economic situation in India. Having long knowledge in the auto components business, Minda will spearhead innovation, sustainability, and development of MSMEs. His leadership focuses on Make in India, digital economy programs, and customer-oriented approaches aimed at enhancing the competitiveness of the industry. This term is presumed to promote partnership between the industry and the policymakers to move on to a sustainable and technologically motivated economic growth in India.