New Delhi : Mr. Nirmal Kumar Minda, Executive Chairman of Uno Minda Group, has officially taken charge as the President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). He succeeds Mr. Sanjay Nayar, Founder and Chairman of Sorin Investment Fund, who successfully completed his tenure. Joining the leadership team, Mr. Amitabh Chaudhry, Managing Director and CEO of Axis Bank, has been appointed Senior Vice-President of ASSOCHAM, subject to approval from the Reserve Bank of India (RBI).
A Visionary in the Auto Industry
Mr. Minda, a pioneering force in India’s auto component sector, has been instrumental in shaping the industry’s supply chain over the past five decades. Under his leadership, Uno Minda Group has championed innovation, customer centricity, and a “people-first” culture. He has also been a key driver of self-reliance in the Indian auto component ecosystem by promoting localisation, either through in-house R&D or technology partnerships with global players.
Recognised for his remarkable professional and social contributions, Mr. Minda has received numerous honours, including the EY Entrepreneur of the Year (Medium Category) and Business Today’s Best CEO award in 2019. He has also been conferred with the ‘Haryana Ratna Award’ for his outstanding achievements.
Strengthening India’s Growth Priorities
Expressing gratitude for his new role, Mr. Minda said,
“It is an honour to be elected as the President of ASSOCHAM, an institution that has served the nation for over 105 years. My colleagues and I will focus on strengthening ASSOCHAM’s ongoing initiatives while driving growth in five priority areas, Make in India, Ease of Doing Business, MSME Growth, Digital Economy, and Sustainability & Environment.”
He added that ASSOCHAM would continue to align its efforts with the Prime Minister’s vision of Atmanirbhar Bharat and Viksit Bharat, working closely with all stakeholders to achieve these national goals.
Amitabh Chaudhry: Bringing Financial Sector Expertise
On his appointment as Senior Vice-President, Mr. Amitabh Chaudhry stated,
“ASSOCHAM will continue to be an active partner of the government in the nation-building journey. We aim to enhance the industry-government connect by offering actionable insights on macroeconomic and sectoral developments.”
With a distinguished career spanning nearly four decades across multiple sectors in India and abroad, Mr. Chaudhry currently leads Axis Group, one of India’s leading financial conglomerates. Under his leadership, Axis Bank has delivered industry-leading performance, emphasising digital transformation, customer experience, and sustainable growth.
Before Axis Bank, Mr. Chaudhry served as the MD & CEO of HDFC Life, where he built one of the most valued life insurance franchises in the country during his nine-year tenure.
Congratulatory Messages from Industry Leaders
Outgoing President Mr. Sanjay Nayar congratulated the new leadership, noting:
“ASSOCHAM has long been a catalyst in shaping India’s economic journey, bridging industry and government, amplifying the voice of business, and empowering MSMEs. I am confident that under the new leadership, ASSOCHAM will continue to strengthen its legacy of driving India’s growth story forward.”
Mr. Manish Singhal, Secretary General of ASSOCHAM, also extended a warm welcome, adding:
“Mr. Minda and Mr. Chaudhry’s leadership will be pivotal in steering India’s economic trajectory. Through collaboration, innovation, and sustainability-focused initiatives, ASSOCHAM will continue to advance the nation’s vision of a self-reliant and developed India.”
Tags : ASSOCHAM, ASSOCHAM New President, ASSOCHAM New Senior Vice-President
