NEWS :
A century back, The Hyderabad Chamber of Commerce was established in 1917, representing the entire erstwhile princely state of Hyderabad which comprised of present entire state of Telangana; all districts of Marathwada region of present, Maharashtra); & some districts of present North Karnataka.
The year 1956 saw the formation of the Linguistic State, Andhra Pradesh and the name Federation was changed to ‘The Federation of Andhra Pradesh Chambers of Commerce and Industry’ in 1958. It started functioning with representation from the entire state. The Federation gradually evolved into an apex organisation representing large, medium and small scale industries and became one of the largest chambers in the Country.
After the bifurcation of the erstwhile Andhra Pradesh into two States viz, Telangana and Andhra Pradesh in 2014, the name was altered to “The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI)”, effective from January 14, 2015.
Subsequently, the name was changed to the “Federation of Telangana Chambers of Commerce and Industry” (FTCCI) effect from April 2, 2019 to play more active role in the Economic Development of the Telangana State.
FTCCI liaises between Trade, Industry and the Government, participating & suggesting to the government on their policies on industry, labor laws, energy, environment, direct & indirect taxes & various issues. It also draws attention and represents industry about the issues and challenges of industry & trade. FTCCI conducts studies on various subjects related to trade and industry and acts as a knowledge chamber. “During the year 2017, FTCCI has completed a mile stone of 100 years. The Centenary was celebrated in a special function in the august presence of Shri Pranab Mukherjee, Hon’ble President of India and Shri ESL Narasimhan, Hon’ble Governor of Telangana and Andhra Pradesh on December 23, 2016.”
FTCCI has got a membership of more than 3000 direct members and with its 160 Associations/Chambers of Commerce and an indirect membership of over 25000. FTCCI has become an important forum for interaction between Govt. and business and industry in a global perspective.
