NEW DELHI: Ambuja Neotia Group chairman Harshavardhan Neotia took over as the president of the Federation of Indian Chambers of Commerce & Industry (FICCI) at the conclusion of the Chamber’s 88th Annual General Meeting.

Neotia was conferred with the ‘Padma Shri’ by the President of India in 1999 for his outstanding initiative in social housing.

Additionally, Zydus Cadila - Cadila Healthcare chairman and managing director Pankaj R. Patel has been elected as senior vice president, whereas Edelweiss Group chairman and CEO Rashesh Shah has been elected as vice president.