MCCIA

MCCIA is one of the few Chambers of Commerce in India which were established before independence, at a time when industrial activity in the country was yet to truly flourish. Here is a glimpse of the organisation which was instrumental in honing Pune's potential for enterprise and innovation... Pre-independence, the MCCIA founding fathers realised that to build a sound industrial base in the state, businesses needed credit to grow. This idea led to the inception of the Bank of Maharashtra in 1935, which then gave birth to a number of large industrial houses and facilitated the growth of many MSMEs across the state. Bank of Maharashtra has now grown to become one of the biggest public sector banks in the country and continues to enable growth for businesses across sectors. A few years later, in 1961, following heavy rains, the Panshet and Khadakwasla dams were breached, and the roaring floodwaters wreaked havoc on the city. In the aftermath of this disaster, MCCIA played a leading role..

Primary location: Pune India