Ajay Singh, Chairman & Managing Director of SpiceJet has taken over as President of the Associated Chambers of Commerce and Industry of India (ASSOCHAM). Singh is a first-generation entrepreneur who replaced Sumant Sinha who has completed his distinguished tenure at the chamber.
Sanjay Nayar, Founder and Chairman of Sorin Investment Fund is the new Senior Vice-President of ASSOCHAM. He is a well-known expert in the global financial markets.
”It is a great honor to be leading ASSOCHAM, which has been serving the nation for 103 years. I am taking over at times which are both exciting and challenging. As an economy, India stands out as a robust economy in the midst of global head winds. Even when major economies of the world are facing the threat of recession, the Indian economy is growing between 6.5-7 percent. Under the resolute government of Hon’ble Prime Minister Shri Narendra Modi, who also chairs Group of 20, India holds great hopes of leading global recovery,” Ajay Singh said after taking over as ASSOCHAM President.
He further added, ”the chamber would stay engaged with the government, Central and states, leading academicians, economists besides corporate leaders for finding solutions to the issues which may crop up in a fast changing global economic and political landscape”.
Spicejet’s Ajay Singh Takes Over As ASSOCHAM President
