He will succeed Anish Shah as President of the apex business chamber at the conclusion of the 97th Annual General Meeting, which will be held on November 21 in New Delhi.
"India is well placed as we have managed to control inflation better than other large economies have done. I would say that perhaps the worst is behind us. Unless there are some surprises in terms of black swan events," Ficci president-elect said.
Subhrakant Panda, who is currently the Senior Vice President of FICCI, shall succeed Sanjiv Mehta as President of the apex chamber at the conclusion of the 95th Annual General Meeting to be held on December 16-17, 2022.