Amit Shah Calls for Introspection as India’s Economy Transforms, Urges Chambers to Evolve
Introduction:
While inaugurating the new headquarters of MACCIA in Mumbai, Union Home and Cooperation Minister Amit Shah said India is witnessing transformative changes in industry, commerce, and agriculture, and urged trade chambers to modernise and align with the nation’s evolving economic landscape.
Details:
In a powerful address at the inauguration of the new headquarters of the Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) in Mumbai, Union Home Minister and Minister of Cooperation Amit Shah reflected on the sweeping changes India has undergone across key sectors—industry, commerce, and agriculture.
Speaking at a state-level cooperative industrial conference, Shah was joined by Maharashtra Chief Minister Devendra Fadnavis, Union Minister of State for Cooperation Murlidhar Mohol, and other senior dignitaries.
Shah highlighted that MACCIA’s centenary year is not just a milestone but an opportunity for reflection and reinvention. “When an institution completes 100 years, its rules and traditions often become outdated. This is a time for introspection,” he stated, urging India’s Chambers of Commerce and Agriculture to revisit their working models to better match today’s dynamic economy.
He emphasised that the globalisation of India’s economy, new policy-making frameworks, and stronger execution have significantly raised the country’s global standing—including the value of the Indian passport. “Today, we are the fourth-largest economy in the world, having surpassed those who once ruled us,” he noted with pride.
Shah called on all chambers across the country to engage professional institutions to audit and upgrade their operations to align with modern-day challenges and global economic standards. He pointed out that India’s economic journey—from dependency on colonial laws to becoming a global economic powerhouse—shows what determination, reform, and vision can achieve.
As MACCIA embarks on its next century, the Union Minister’s message was clear: the time for transformation is now. Institutions must adapt not only to support business but to lead innovation in India’s rapidly evolving agriculture, trade, and industrial ecosystem.