Bengal Chamber of Commerce and Industry

The Bengal Chamber of Commerce and Industry is the oldest chamber of commerce in India, and one of the oldest in Asia, based in West Bengal, India.

Bengal Chamber of Commerce and Industry
MottoAiding Business
Formation1833-34
TypeNon-profit organization
Legal statusFoundation
PurposeEconomic
HeadquartersKolkata, India
Region served
South Asia
Official language
English
Key People
Mr. Indrajit Sen, President; Mr. Subhodip Ghosh, Director General
Websitewww.bengalchamber.com
Formerly called
Calcutta Chamber of Commerce

Established in 1853, finding its origin in 1833–34, it is the only such institution in India.[1]

The organization has its headquarters at the former Royal Exchange in B. B. D. Bagh, Kolkata, which was once the residence of Lord William Bentinck, the first Governor-General of India.

Membership

The members include corporations and industries of all sizes, professionals, divisions of large multinational corporations and service industry organizations. The corporate members are drawn largely from the sectors of agriculture, engineering, textiles, leather, fast-moving consumer goods and customer services, and are not confined to West Bengal and the Eastern Region, but are from all over India.[1]

History

The Bengal Chamber of Commerce was founded in 1853, replacing the former Calcutta Chamber of Commerce, which was merged into the new organization. At the outset, it had eighty-six members in Calcutta and eighteen others. Its objects included[2] –

  • To establish just and equitable principles in trade;
  • To form a code or codes of practice to facilitate transaction of business;
  • To maintain uniformity in rules, regulations and usages of trade;
  • To communicate with Chambers of Commerce and other mercantile and public bodies throughout the world, and concert and promote measures for the protection of trade and traders.

On 30 November 1857, as a result of the Indian Mutiny, the Chamber appealed to the Government of India to send "a force of Europeans, either sailors or soldiers" to defend Akyab, as it considered the Arracan Battalion not to give enough protection. It was concerned about "the safety of the inhabitants and the security of the public treasury". The Secretary to the Government replied on 2 December, regretting that "there is no European force available at present."[3]

In 1876, at a time when silver was falling in value, chiefly due to the opening of new mines in the United States, the Bengal Chamber of Commerce was so concerned that it proposed that the Government of India should suspend the coining of silver. The Economist of 5 August 1876 reported that

The Chamber of Commerce of Bengal have resolved "that it is expedient for the government to suspend clause 19 of Act 23 of 1870, which makes it obligatory on the Indian Mint to receive all silver tendered for coinage... and that during such suspension it be unlawful to import coined rupees.[4]

The Chamber and its business were greatly disrupted by the partition of India and the partition of Bengal in 1947, with West Bengal becoming part of the new Dominion of India and East Bengal going to the Dominion of Pakistan. Despite this, changes in the Chamber were later described as "slow and incremental". New businesses joined the Chamber, and its first Indian President of the new era was elected in 1958. It developed from a gentlemen's club of able merchants whose chief concern was with trade into a modern organization with as much concern for industry as for trade. Whereas the officers and committee members had previously been the owners of capital, they were now more likely to be professional senior managers.[5]

Notable people

James Lyle Mackay, later first Earl of Inchcape, was elected president of the Chamber in 1890, and Ernest Cable in 1903,[6] followed by Sir Apcar Alexander Apcar KCSI from 1904 to 1907. Archibald Birkmyre (1875–1935) was vice-president, and John Jardine Paterson was President in 1966.[7]

In 2004, O. P. Jindal (1930–2005) was awarded the Chamber's Lifetime Achievement Award for his outstanding contribution to the Indian Steel Industry.[8]

List of Presidents
Prime Minister Jawaharlal Nehru with then President of the chamber H.D. Cumberbatch in January 1948.
  • John N. Bullen: 1865
  • Sir Alexander Wilson (1843–1907): 1885
  • Henry Blois Hawkins Turner (1839–1909): 1886–1887
  • James Lyle Mackay, later first Earl of Inchcape, 1890
  • Sir Allan Arthur (1857–1923): 1894–95, 1896–97, part of 1898, 1899–1900
  • Sir Montagu Cornish Turner (1853–1934): 1898, 1901, 1902
  • Sir George Henry Sutherland (1866–1937): 1900–1901
  • Ernest Cable, 1903
  • Sir Apcar Alexander Apcar KCSI, 1904 to 1907
  • Sir Ruthven Grey Monteath (1864–1949): 1914
  • Sir Francis Hugh Stewart (1869–1921): 1915
  • Sir Edward Hugh Bray (1874–1950): 1917
  • Sir Walter Erskine Crum (1874–1923): 1919–20
  • Sir Alexander Robertson Murray (1872–1956): 1920
  • Sir Campbell Rhodes (1874–1941): 1922
  • Sir Willoughby Langer Carey (1875–1933): 1923
  • Sir William Crawford Currie (1884–1961): 1924–1925
  • Sir John William Anderson Bell (1873–1938): 1926–1927
  • Sir Basil Eden Garth Eddis (1881–1971): 1927–1928
  • Sir Edward Charles Benthall (1893–1961): 1932 and 1936
  • Sir George Riddoch Campbell (1887–1965): 1935–36 and 1938–39
  • Sir (John) Henry Richardson (1889–1980): 1940
  • Sir (Robert) Renwick Haddow (1891–1946): 1942–43 and 1945–46
  • Sir John Henry Burder (1900–1988): 1943–1944
  • Sir Kenneth William Mealing (1895–1968): 1944–1945
  • Sir Harry Townend (1891–1976): 1946–1947
  • Sir Hugh Douglas Cumberbatch (1897–1951): 1947–1948
  • Sir Arthur Paul Benthall (1902–1992): 1948 and 1950
  • Sir Anthony Joseph Elkins (1904–1978): 1949
  • Sir Albert Ridgeby Foster (1907–1973):
  • Sir Charles Alexander Innes (1902–1963): 1952–1953
  • Ernest John Pakes (1899–1988): 1953–1954
  • Sir George Mason MacKinlay (1906–1973): 1954–1955
  • Sir (George) Alexander Sim (1905–1980): 1955–1956
  • Sir Owain Trevor Jenkins (1907–1996): 1956–1957
  • Sir Walter Harold Strachan Michelmore (1908–1988): 1957
  • Sir John Douglas Keith Brown (1913–2000): 1958–1960
  • Sir Henry Morton Leech Williams (1913–1989): 1960
  • Sir Nicol Stenhouse (1911–1998): 1961–1962
  • Sir Hugh MacKay-Tallack (1912–1989): 1962–1963
  • Sir Alec Drummond Ogilvie (1913–1997): 1964–1965
  • Sir James Harvey Kincaid Stewart Lindsay (1915–2007): 1965
  • Sir John Jardine Paterson (1920–2000): 1966-1967
  • Sir Cyril Alfred Pitts (1916–2009): 1967–1968
  • Sir (John) Michael Parsons (1915–2009): 1968–1969
  • Dr Abhijit Sen: 1991[9]
  • Mr Sundaresan Radhakrishnan: 2007-2008[10]

Notable corporate members

The present members of the Chamber include Allahabad Bank, Alstom Projects India Ltd., American Reprographics Company, Andrew Yule and Company Ltd., Apollo Gleneagles Hospitals, Kolkata, AREVA T&D India Limited, Balmer Lawrie & Co. Ltd., Bajaj Allianz General Insurance, Babcock Borsig Ltd., Balmer Lawrie, Berger Paints India Ltd, Bhushan Power & Steel Ltd., Biecco Lawrie, Birla Tyres, BOC India Ltd., Britannia Industries Ltd., Calcutta Business School, Castrol India Ltd., CESC Limited, Chatterjee Management Services Private Ltd., Coal India Limited, Delhi Business School's Kolkata Campus, Descon Limited, Dr. B.C. Roy Engineering College, Durgapur, Dunlop India, National Institute of Technology, Durgapur, Eastern Railway, EIH Limited, Eveready Industries India, Exide Industries, Fortis Healthcare Limited, Garden Reach Shipbuilders and Engineers, Gillanders Arbuthnot & Co. Ltd, Greaves Cotton, G.S. Marketing Associates, GTZ (India) Private Limited, Haldia Petrochemicals Ltd., Hawkins Cookers Limited, Hindalco Industries Ltd., Hindustan Petroleum Corporation, Hindustan Unilever Ltd., Housing Development Finance Corporation, Howrah Mills, Indian Institute of Management Calcutta, Hyatt Regency Kolkata, ICFAI Business School, Internet Content Rating Association, India Steamship, Indian Oil Corporation, and International Combustion (India) Ltd.[11]

gollark: Apparently it's mostly in use.
gollark: I have swap.
gollark: Sorry, Firefox memory leaks.
gollark: Oh, replies.
gollark: Suppose that there exist three (3 (base 10)) omniscient idols. One of them always tells the truth, the other always lies, and the other always answers randomly. What do you do? What impact would these actions have on GTech™ stock prices?

Notes
  1. Welcome to the Bengal Chamber Web Site at bengalchamber.com, accessed 5 January 2011
  2. The Cyclopedia of India: biographical, historical, administrative, commercial, vol. 1 (1907), pp. 230-233
  3. Accounts and papers of the House of Commons, 245
  4. Walter Bagehot, The collected works of Walter Bagehot vol. 4, p. 568
  5. Stanley A. Kochanek, Business and politics in India (University of California Press, 1974), pp. 119-121
  6. Who's Who for 1926, p. 444
  7. 'Jardine Paterson, Sir John (Valentine)', in Who Was Who (A. & C. Black, 1920–2008), online edition by Oxford University Press, December 2007, accessed 5 January 2011
  8. O. P. JINDAL: THE MAN OF STEEL WHO COULD TALK TO MACHINES Archived 2010-12-19 at the Wayback Machine at jsw.in, accessed 6 January 2011
  9. Attar Chand, Prime minister P. V. Narasimha Rao, the scholar and the statesman (1991), p. 134
  10. Mr Sundaresan Radhakrishnan Archived 23 February 2011 at the Wayback Machine at desconlimited.com
  11. Members list Archived 1 January 2011 at the Wayback Machine at bengalchamber.com, accessed 5 January 2011
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.