FICCI Appoints Vijay Sankar as President-Elect for the Year 2026-27

Why in the News?

The National Executive Committee Meeting (NECM) of the Federation of Indian Chambers of Commerce and Industry (**FICCI**) announced **Vijay Sankar** as its **President-Elect for the year 2026-27**.

Key Features / Major Points:

- Succession Plan: Vijay Sankar, currently serving as the Senior Vice President of FICCI, will succeed **Anant Goenka** as President of the apex business chamber at the conclusion of the FICCI AGM scheduled for **November 18–19, 2026**, in New Delhi.

- Executive Profile:

- Sankar is the Chairman of **The Sanmar Group**, a global industrial conglomerate spanning chemicals, specialty chemicals, engineering, steel foundries, and shipping.

- He serves as Chairman of Chemplast Sanmar and holds Independent Director positions on the boards of TVS Motor Company and Larsen & Toubro (L&T).

- Consular Roles & Honors:

- Serves as the Honorary Consul General of Denmark in Chennai and was conferred the **'Knight’s Cross of the Order of Dannebrog'** by the King of Denmark.

- He is also the Vice President of the Tamil Nadu Tennis Association (TNTA).

Static GK Facts:

- Federation of Indian Chambers of Commerce & Industry (FICCI):

- Formed: **1927** (Established by **G.D. Birla** and **Purshottamdas Thakurdas** on the advice of Mahatma Gandhi).

- Headquarters: **New Delhi**.

- Status: India's oldest and largest apex business organization.

One-Liner Quiz (All Competitive Exams):

Q: Who has been appointed as the President-Elect of FICCI for the term 2026-27?

A: Vijay Sankar

Q: Whom will Vijay Sankar succeed as the President of FICCI in November 2026?

A: Anant Goenka

Q: In which year was the Federation of Indian Chambers of Commerce and Industry (FICCI) established?

A: 1927 (Headquarters: New Delhi)

Q: Which prestigious Danish civilian honor was awarded to Vijay Sankar for his consular services?

A: Knight’s Cross of the Order of Dannebrog

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