Krishna Kumar Maheshwari Elected President of FTCCI

Hyderabad, India Jul 16, 2026 ALN: Hyderabad: The Federation of Telangana Chambers of Commerce and Industry (FTCCI), one of India’s oldest industry bodies, has elected Krishna Kumar Maheshwari as president and Srinivas Garimella as senior vice president during its general body meeting held on Wednesday. This election marks a significant moment for the FTCCI, which has been instrumental in representing the interests of businesses in the Telangana region since its inception.

Founded in 1907, the FTCCI has a long history of advocating for the rights and needs of the business community in Telangana. Over the years, it has played a crucial role in shaping policies that promote economic growth and development. With its vast network of members, which includes various industry sectors, the FTCCI serves as a platform for dialogue between the government and the business community, ensuring that the voices of entrepreneurs and industry leaders are heard.

Krishna Kumar Maheshwari, the newly elected president, is an established figure in the financial services sector. As the chairman and managing director of CIL Securities, he leads a diversified financial services company that offers a range of services including registrars and share transfer agents, merchant banking, and depository participation. His extensive experience in the financial industry equips him with a deep understanding of the challenges and opportunities facing businesses today.

In his acceptance speech, Maheshwari emphasized his commitment to strengthening industry-government engagement, which is vital for creating a conducive business environment. He highlighted the importance of supporting micro, small, and medium enterprises (MSMEs), which form the backbone of the Indian economy. MSMEs are crucial for job creation, innovation, and economic diversification, and Maheshwari’s focus on this sector reflects a broader recognition of its significance.

Moreover, Maheshwari expressed a vision of promoting investments and fostering innovation in Telangana. By advocating for policies that attract both domestic and foreign investments, he aims to enhance the region's economic landscape. Investment is a key driver of growth, and by creating an environment that is favorable for investors, Maheshwari hopes to stimulate job creation and economic development.

His commitment to enhancing the global competitiveness of businesses in Telangana is particularly relevant in today’s interconnected world. As markets become increasingly globalized, businesses must adapt to remain competitive. Maheshwari’s leadership is expected to focus on equipping local industries with the tools and knowledge necessary to thrive in the global marketplace.

During the meeting, Srinivas Garimella was elected as the senior vice president. Garimella brings a wealth of experience to the role, serving as director and strategic advisor at HETC Foods, where he focuses on sprouting research and food science. His background in food technology and innovation positions him well to address the challenges faced by the food industry, which is a significant sector in Telangana’s economy.

Additionally, Garimella is the chairman of Daifuku Intralogistics India, which is the Indian subsidiary of the Japanese multinational Daifuku. His international experience and expertise in logistics and supply chain management are invaluable assets that he brings to the FTCCI. In his vision for the organization, Garimella stated that FTCCI will continue to support businesses of all sizes, encourage innovation, nurture startups, strengthen skill development initiatives, and create opportunities for future-ready industries.

The emphasis on nurturing startups is particularly important in the context of India’s burgeoning startup ecosystem. With Telangana being home to a vibrant startup scene, the FTCCI under the leadership of Maheshwari and Garimella is expected to play a crucial role in facilitating the growth of new enterprises. Startups are known for their ability to innovate and disrupt traditional business models, and their success can lead to significant economic impact.

Furthermore, skill development initiatives are essential for preparing the workforce for the demands of the future. As industries evolve and new technologies emerge, there is a growing need for a skilled workforce that can adapt to these changes. The FTCCI’s focus on skill development aligns with national and state-level initiatives aimed at enhancing employability and ensuring that workers have the necessary skills to thrive in a competitive job market.

Both Maheshwari and Garimella are expected to play pivotal roles in advancing the interests of the business community in Telangana, ensuring that the region remains competitive and innovative in the evolving market landscape. Their leadership comes at a time when businesses are navigating numerous challenges, including the impacts of the COVID-19 pandemic, supply chain disruptions, and changing consumer preferences.

As the FTCCI moves forward under this new leadership, the implications for the business community in Telangana are significant. The organization’s ability to effectively represent the interests of its members will be crucial in shaping policies that foster a conducive business environment. Additionally, the focus on collaboration between industry and government can lead to initiatives that drive economic growth and development.

The FTCCI has historically played a critical role in various initiatives aimed at bolstering the economic framework of Telangana. The organization has been involved in policy advocacy, providing valuable insights and recommendations to the government on issues affecting the business community. This includes discussions on taxation, regulatory reforms, and infrastructure development, all of which are vital for creating an environment where businesses can thrive.

In recent years, the importance of a robust infrastructure has been a focal point for economic development in Telangana. With Hyderabad emerging as a major IT and business hub, the demand for improved transport, logistics, and digital infrastructure has surged. The FTCCI’s engagement with government bodies to address these needs will be crucial in ensuring that the region remains attractive to both local and international investors.

Moreover, the ongoing digital transformation across industries presents both challenges and opportunities. Businesses are increasingly adopting technology to enhance their operations, and the FTCCI’s role in facilitating this transition will be essential. By providing resources, training, and networking opportunities, the organization can help businesses harness technology to improve efficiency and competitiveness.

Another significant aspect of Maheshwari and Garimella's leadership will be their approach to sustainability and corporate social responsibility (CSR). As global awareness of environmental issues grows, businesses are being called upon to adopt sustainable practices. The FTCCI can play a pivotal role in guiding its members toward sustainable business practices that not only comply with regulations but also enhance their brand reputation and customer loyalty.

In conclusion, the election of Krishna Kumar Maheshwari as president and Srinivas Garimella as senior vice president of the FTCCI marks a new chapter for the organization. Their combined experience and commitment to supporting businesses of all sizes, fostering innovation, and enhancing skill development initiatives are poised to have a positive impact on the economic landscape of Telangana. As they take on their new roles, the business community will be watching closely to see how their leadership translates into tangible benefits for industries across the region. The FTCCI’s proactive stance in addressing contemporary challenges, coupled with its historical significance, positions it well to be a key player in the ongoing economic development of Telangana.