“This Chamber may fulfill all the expectations formed of it, that it may grow in utility and influence from year to year and that it may long remain the premier representative and guardian of the industrial and commercial interests.”
-Sir M Visvesvaraya
*at the inaugural meeting of the Mysore Chamber of Commerce on 8th May 1916
Today his vision has become a reality. FKCCI, a premier organization for industry and commerce in Karnataka is proud to celebrate its Centenary Year
How FKCCI was formed?
Bharat Ratna Sir. M. Visvesvaraya was an engineering genius, a visionary, a statesman and most importantly a great Institution builder. The erstwhile Mysore Chamber of Commerce founded by him on May 8th 1916 started serving the interests of the Business community since its inception. Mr W.C. Rose served as the first President of the Chambers from 1916 till 1920. The Chamber later became the Federation of Karnataka Chambers of Commerce and Industry (FKCCI). Over the last 100 years, the Chamber has had a distinguished array of businessmen and industrialists at the helm of FKCCI, establishing it as an apex organization for Industry, Trade & Service sectors in Karnataka. Since its inception, the Chamber has sought to promote the national interest by way of both public and private sector led, economic growth and has played a catalytic role in policy making at the State and Central level. FKCCI today has a membership drawn from all sectors of Industry, Trade & Services.
With a century of service in commerce and industry, it is no wonder that the FKCCI stands as one of the five foremost chambers in the country apart from being the oldest parent chamber of any state in India. Currently, the membership at FKCCI stands at 3000 direct members and more than 250000 indirect members drawn from all sectors of Trade, Commerce and Industry, spread over Karnataka, including 26 District Chambers of Commerce and 135 Trade Industry Associations.
The Federation is a member of national bodies like FICCI, ASSOCHAM and also the International Chamber of Commerce. Being a member of global trade associations, FKCCI facilitates collaboration of trade between Karnataka’s industries and overseas enterprises, and also holds talks with international trade entities.
FKCCI’s mission is to promote the cause of Trade and Industries in Karnataka, give necessary guidance to members, help frame policies and deliberate on matters of regulation and taxation.
The objectives of the Chamber are:
- To be the prominent voice to protect and promote the interest of business and industry in the state.
- To provide a forum for businessmen to discuss and deliberate on issues affecting their general interests.
- To regularly interact and work with the Government in resolving the various impediments that arise from time to time in business and economic spheres.
- To compile, analyze and disseminate information on business and economy to its members and the community in general.
- To organize seminars, workshops, symposia and training programs on subjects of topical interest for the benefit of members and the general public.
- To publish papers, books, monographs, studies etc., from time to time in the service of members and the community.
- To provide a platform for business missions from abroad for developing bilateral trade / multilateral trade and to sponsor business missions from time to time.
- To conduct research in different areas those have a bearing on Trade, Commerce and Industry.
- To organize exhibitions, trade shows, buyer-seller meets, catalogue shows and the like for the benefit of members and the State.
- To seek and represent business and industry in various government bodies and institutions.
- Promotion of international trade through meetings with visiting foreign business delegations, participation in Trade Fairs/ Exhibitions and visit of delegations abroad.
- Expert advice on diverse subjects such as industrial growth, monetary and fiscal policy, exchange rate policy, economic planning, taxation and corporate laws.
- Recognition and empowerment of women in business.
- Create awareness and initiate projects in support of Skill Development and Make in India programmes.
- Platform to interact and gain professional knowledge through seminars, workshops and round table meetings.
- Business research to support activities of FKCCI by bringing out research based information which can be used for submission to the Government and to prepare discussionnotes for use in workshops and seminars.
- Participation in Expert Committees of FKCCI. The Federation has more than 30 Expert Committees, which regularly take up issues of its members’ interest in various fields with policy makers.
- Redressal of general/ common problems of members at Central/ State Government levels and other institutions.
- Assistance in identifying joint venture partners at various national level events, organized by FKCCI.
- Access to FKCCI periodicals/ publications.
- Access to Library, Study Reports & Data.
- Certification of Export documents including Certificate of Origin and Visa Recommendation Letters for business promotion visits abroad.
- Executive Developmental Programs with special focus on Human Resources and Labour/Industrial Relations.
- Nomination of Member’s Representative on Committees/ Advisory Forum constituted by the Central/State Governments.