Hemant Jain Appointed as the New President of PHDCCI

It is an honor to lead PHDCCI at this transformative time," Jain said in a statement.

Hemant Jain has assumed office as new President of PHD Chamber of Commerce and Industry (PHDCCI), it was announced Saturday. Sanjeev Agrawal became an immediate former president of the leading industry chamber. Rajeev Juneja has taken over as Senior Vice President and Anil Gupta as Vice President, PHDCCI, according to the industry chamber that made this statement.

It is an honor to lead PHDCCI at this transformative time," Jain said in a statement.

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"I am committed to building on the strong foundation laid by my predecessors and working closely with all stakeholders to drive innovation, industry growth, and a self-reliant India for Viksit Bharat at 2047, marching towards the peak of progress," he mentioned.

Juneja said that along with Jain, he will further strengthen the initiatives of the Chamber and help build an environment conducive to good business in India.

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Dr Ranjeet Mehta, CEO and Secretary General, PHDCCI, welcomed the new leadership team and said that they are fortunate to have such illustrious leaders guiding PHDCCI as an institution.

Their collective experience and leadership will be of immense value in our continued pursuit of industry interests and nation-building activities,» Mehta further added.

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Outgoing president Agrawal said that during Hemant Jain's tenure the Chamber shall continue to scale new heights and contribute meaningfully to the nation's progress.

On Thursday, Union Home Minister Amit Shah addressed the annual session of PHDCCI, stating that political stability and policy continuity will bring rigour to reforms, thus fostering the development process towards becoming 'Viksit Bharat'.

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The Home Minister said these are crucial times for the Indian industry to grow faster toward the aim to make a 'Viksit Bharat' by 2047. "Under the visionary leadership of Prime Minister Narendra Modi, the policy ecosystem has been placed to expand the size and scale of Indian industries," he told the gathering.

Read also| Bandhan Bank Reports 24.6% Business Growth in Q2

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Read also| Employment in India Rises by 36% with 17 Million Jobs Added Between 2016-17 and 2022-23: Centre

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