Madras Chamber of Commerce and Industry celebrates 189th Chamber Day

“We are the fourth largest economic system at $4 trillion. In per capita phrases, we’re fairly beneath. The measurement of the economic system has little relevance to the usual of residing of the individuals,” mentioned T. Okay. Balaji, chairman and managing director, TK Balaji, Lucas TVS Ltd. and TVS Indeon Ltd. in Chennai on Monday.

Speaking on the 189th Chamber Day celebrations organised by the Madras Chamber of Commerce and Industry (MCCI), he mentioned that each Indian has to take pleasure in a sure lifestyle and solely then can we name ourselves a developed nation.

Advising younger individuals taking over alternatives in new fields to put money into their analysis and growth division he mentioned, “Go for the subsequent era for expertise and put your division on prime of that. Don’t waste time creating what’s already accessible on the earth.”

Noting the current truthful commerce settlement signed between India and the United Kingdom British Deputy High Commissioner, British Deputy High Commission, Halima Holland mentioned, “This settlement shouldn’t be solely a significant financial milestone, which is projected to spice up pure commerce by 25.5 billion yearly in the long run, it’s additionally a gateway to transformative alternatives in sectors that matter to each nations.”

The MCCI president and managing director, Chemplast Sanmar Ltd. Ramkumar Shankar mentioned that when the founders established MCCI in 1836, they envisioned an establishment that may form commerce and society for generations to come back. “As we strategy our bicentenary, our duty is to resume that imaginative and prescient,” he added.

The emblem for one hundred and ninetieth yr celebrations was additionally unveiled on the event. The MCCI vice-president and president, Delphi TVS Technologies Ltd., A. Viswanathan additionally spoke.