FICCI Full Form | What Does FICCI Stand For?

FICCI: Federation of Indian Chambers of Commerce and Industry 

FICCI Full Form

FICCI full form stands for Federation of Indian Chambers of Commerce and Industry. The Federation of Indian Chambers of Commerce and Industry (FICCI) is a non-governmental trade association and advocacy group based in India.

Brief History

  • It was founded in 1927 on the advice of Mahatma Gandhi by GD Birla and the male Shotamdas Thakurdas.
  • To promote entrepreneurship and professionalism among women in India, the FICCI Ladies Organization was established in 1983.

Brief Explanation

It is India’s oldest and largest and biggest trading organization. It is a non-governmental organization, not a non-profit organization. It is headquartered in the national capital New Delhi and has a presence in 12 states in India and 8 countries around the world.

FICCI has gained membership from the corporate sector, both private and public, including SMEs and multinationals. The chamber has indirect membership of 250,000 companies in various regional chambers of commerce. This includes sector-related commercial buildings, business promotion, and networking.

Advantages

  • FICCI is the sole national issuer of India and guarantees the association of ATA carnations.
  • ATA Carnet has been used by TV/film crews, journalists, engineers, musicians, and industry for temporary devices across borders.
  • Supports FICCI affairs and carnets, guarantees duty and tax payments to customs (domestic and foreign) officers.

What Is The Full Form Of FICCI?

FICCI full form stands for Federation of Indian Chambers of Commerce and Industry. It is a non-governmental trade association and advocacy group based in India. It was founded in 1927 on the advice of Mahatma Gandhi. It is the sole national issuer of India and guarantees the association of ATA carnations.

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