Thiru. Banwarilal Purohit, Hon’ble Governor of Tamil Nadu participated as the Chief Guest in the Chamber Day of the Madras Chamber of Commerce & Industry at Hotel Le Royal Meridian, Guindy, Chennai on the 29 September.

On this occasion, Thiru. Ramkumar Ramamoorthy, President, Madras Chamber of Commerce & Industry, Thiru. Gopal Srinivasan, Chairman & Managing Director, TVS Capital Funds (P) Ltd, Thirumathi K.Saraswathi, Secretary General, Madras Chamber of Commerce & Industry, Thiru. Srivats Ram, Vice President, Madras Chamber of Commerce & Industry and other dignitaries participated.

Hon’ble Governor said, “It is a matter of satisfaction and pride to know that the Madras Chamber of Commerce & Industry has completed 182 years of service to the cause of Commerce and Industry in the state of Tamil Nadu which has carved a niche for itself amongst the Industrial Leaders in the Country.”

He also said that, “Today, the state (Tamil Nadu) has a diversified manufacturing sector and features as a leader in several industries like automobiles, automobile components, engineering goods, pharmaceuticals, garments, textile products, leather products, chemicals, etc.”

It ranks first among the states in terms of the number of factories and industrial workers. It is a forerunner in ensuring ease of business by introducing the single window system to facilitate investment.

The Hon’ble Governor explained that Tamil Nadu’s entrepreneurial ecosystem is also the envy of many states across the country. Statistically in Tamil Nadu there are three cars being produced every minute, one truck being produced every 2 minutes and one Motorcycle produced every 6 seconds.

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This was evidence of the huge strides that the automotive Industry has made in Tamil Nadu.

Mr Ramkumar Ramamoorthy during his welcome address said, “It is on this day the Madras Chamber was founded in 1836, thanks to the visionary zeal of 18 business men who came together to drive trade and commerce from what was then the Madras Presidency.”

The Chamber’s relevance over the decades is not just impressive but extraordinary. Two World Wars, the Great Depression, India’s independence struggle, the so-called Hindu rate of growth, the licence-permit raj, controls on foreign exchange and expansion, the reforms of the 1990s, and the bold transformational moves of the current government—the Chamber has seen it all.

He also added by saying, The effort and commitment of many Presidents and Vice Presidents, Members of the General Committee, the Secretariat, and Members of the Chamber have ensured that, over these 182 years, the Chamber has stayed true to its PURPOSE, CORE VALUES, ETHOS and BELIEFS, while at the same time sensing and responding to the changing needs of industry and commerce not just in the state, but in the country and around the world.”