The Managing Director and Vice Chairman of Emami, Harsha Vardhan Agarwal took over as the President of the Federation of Indian Chambers of Commerce and Industry (Ficci) on 21 November 2024 for 2024-25. The apex business chamber informed that Agarwal has succeeded Anish Shah at the 97th annual general meeting held in New Delhi.
Agarwal is a second-generation leader of the USD 3.1 billion diversified business conglomerate Emami Group and spearheads the fast-moving consumer goods (FMCG) business of the group. The new President is a member of the Young Presidents' Organisation and also a member of the Executive Committee of Indian Chamber of Commerce.
“With his extensive multi-functional knowledge and experience, Agarwal spearheads the FMCG business of the Group - Emami as its Vice Chairman and Managing Director. Agarwal, an astute strategist, is also a key member of the diversified Emami Group’s strategic think-tank that drives the organisation’s growth. He was awarded as one of India's hottest young business leaders in the ‘Forty Under 40' list by The Economic Times and Spencer Stuart in 2016,” Ficci said in a release.
In its media release, the chamber also mentioned that Anant Goenka has been elevated to Senior Vice President, while Vijay Sankar has joined its leadership as Vice President. Goenka is Vice Chairman of the RPG Group, a USD 4.8 billion conglomerate with interests in the tyre, infrastructure, pharma, information technology (IT) and speciality sectors.
Ficci stated that Goenka was the former Chairman of the Automotive Tyre Manufacturers Association (ATMA) and was the Managing Director and Chief Executive Officer (CEO) of CEAT through a transformative 10-year period from 2012 to 2023.
Vijay Sankar is the Chairman of The Sanmar Group, which is headquartered in Chennai, India, with manufacturing facilities in Mexico, Egypt, and several locations across South India. The Group has a strong presence in key industry segments – chemicals (including speciality chemicals), engineering technologies (products and steel castings) and shipping and has a turnover of approximately USD 1.6 billion.