Mahindra’s Anish Shah takes over as FICCI President

Mahindra Group’s Chief Executive Officer (CEO) Anish Shah has taken over as President of Federation of Indian Chambers of Commerce and Industry (FICCI), the industry body announced Sunday. Shah succeeds Subhrakant Panda at the conclusion of FICCI's 96th Annual General Meeting held last week in New Delhi. Panda is the Managing Director of Indian Metals & Ferro Alloys Ltd.

At the helm of FICCI, Shah is joined by Harsha V Agarwal, Vice Chairman and Managing Director of Emami Ltd. Agarwal is one of the youngest second-generation leaders of the Rs. 35,000 crore Emami Group and a member of the strategic think-tank committee. He is the younger son of Mr Radhe Shyam Agarwal, Founder of Emami Group.

Anant Goenka, Vice Chairman of the RPG Group, also joins the FICCI leadership as a vice president. RPG is a diversified conglomerate with interests in the areas of automotive tyres, infrastructure, pharma, IT, energy products, plantations, and venture capital.


Goenka was the Managing Director of CEAT from 2012 to 2023, during which time, the company saw a 25x increase in market capitalization, FICCI said. Prior to Mahindra, Shah was President and CEO of GE Capital India from 2009-14, where he led the transformation of the business, including a turnaround of its SBI Card joint venture.