Sanjay Nayar Appointed as New ASSOCHAM President

• Former KKR India Chief Executive Sanjay Nayar, a well-known name in the global financial markets, has assumed charge as President of industry chamber Assocham.
• He has replaced Ajay Singh, Co-Founder of low-cost airline SpiceJet, who has completed his tenure at the apex industry chamber.

ABOUT ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA:

• ASSOCHAM is a non-governmental trade association and advocacy group based in New Delhi (headquarters). This organization represents the interests of trade and commerce in India.
• The Associated Chambers of Commerce and Industry of India is one of the largest trade associations in India. ASSOCHAM was established in the year 1920 to create value for Indian industry.
• ASSOCHAM has more than 200 chambers and trade organizations across India. It has more than 450,000 members.
• ASSOCHAM has played an important role in shaping the business, commerce and industrial environment of the country.
• At the same time, ASSOCHAM has made a significant contribution in achieving a special place in international trade and the emergence of a new Indian corporate world with global ambitions.