Neel AcharyNew Delhi ,18th October 2025: Mr Nirmal Kumar Minda, Executive Chairman, Uno Minda Group has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Mr Minda with extensive experience in the Auto Industry replaces Mr Sanjay Nayar, Founder and Chairman, Sorin Investment Fund who completed his tenure at the Chamber. Mr. Amitabh Chaudhry, Managing Director & CEO of Axis Bank is the new Senior Vice-President of ASSOCHAM (subject to approval from the RBI).
Mr. Nirmal Kumar Minda is a dynamic leader and a pioneer in Auto component Industry who has made significant contribution in shaping auto industry supply chain in last five decades. He ensured that innovation is right at the center of the group, change easily adopted and future thoroughly anticipated. With his customer centricity and people first approach he has made a distinguished place for himself in the industry. He also played an instrumental role in self-reliance of Auto component industry by facilitating localisation of various components either through in house development at Uno Minda R&D centres or through bringing foreign technology into India through foreign technology joint venture partner.
Mr. Minda has been felicitated with several awards and accolades for his professional and social achievements. He was the EY Entrepreneur of the Year (Medium Category) and Best CEO by Business Today in the year 2019. He had also been honoured with ‘Haryana Ratna Award’ for his outstanding professional and social achievements.
“It is an honour for me to be elected as the President of ASSOCHAM, an institution with a history of 105 years of service to the Nation. During my Presidency, my ASSOCHAM colleagues and I will work to strengthen and support the work of ASSOCHAM. In addition to our existing areas of work, we will lay special emphasis on five growth areas – Make in India, Ease of doing business, MSME growth, Digital economy and Sustainability & environment,” Mr Minda said.
“I look forward to working with all members and other stakeholders towards achieving the visionary goal of our Prime Minister Shri Narendra Modi for Atmanirbhar Bharat and Viksit Bharat,” he added further.
On his election as Senior Vice President of the chamber Mr. Amitabh Chaudhry said, “ASSOCHAM would continue to be an active partner of the government in the endeavour of nation building. We will play a pro-active role in supporting the industry and in bridging the industry-government connect by delivering actionable feedback to the government on macro and sectoral trends.”
Mr. Amitabh Chaudhry has had a long and distinguished career spanning 38 years across various sectors in India and abroad. He leads Axis Group, a financial conglomerate, with a world class leadership team and a clearly defined vision of fulfilling the aspirations of a new, resurgent India. Over the last six years, Axis Bank has turned in industry leading performance on growth, profitability, and sustainability, with a deep focus on digital, customer experience, Bharat banking, risk and governance.
Before joining Axis Bank, Amitabh was the MD & CEO of HDFC Life. During his nine years stint which started in 2010, he built one of the most valued life insurance franchises in the country.
Congratulating the new leadership, Mr Sanjay Nayar, Immediate Past President, ASSOCHAM said that “ASSOCHAM has long been a catalyst in shaping India’s economic journey, bridging industry and government, amplifying the voice of business and championing the aspirations of MSMEs across sectors. Its constructive policy advocacy and deep engagement with stakeholders have helped translate ideas into impact. I extend my best wishes to the new leadership for a dynamic and inspiring tenure. I am confident that under their stewardship, ASSOCHAM will further strengthen its legacy of empowering enterprise and driving India’s growth story forward.”
Extending a warm welcome to the new President and Senior Vice-President, Mr Manish Singhal, Secretary General ASSOCHAM said “Their leadership would be instrumental in charting India’s economic trajectory through collaborative efforts to further ease of doing business and support innovation and technology enhancement sustainably. The chamber would tirelessly work towards realising the avowed objective of a self-reliant and developed India.”
