Jayant Bhuyan Quits Assocham

New Delhi, Feb 25: | Updated: Feb 26 2004, 05:30am hrs
The Associated Chambers of Commerce & Industry of India (Assocham) secretary general Jayant Bhuyan has decided to quit even as the organisation is in a revamp mode. Friday, February 27, is the last working day for Mr Bhuyan in Assocham, where he spent four years.

When contacted, Mr Bhuyan said: Even though I quit, the restructuring of Assocham will be carried on by my successor. This is an ongoing process.

I had expressed my desire to quit the organisation to spend a short retired life after the new president, MK Sanghi, was elected in January 2004, he said.

After working with the Confederation of Indian Industry (CII) for 25 years, Mr Bhuyan joined Assocham in February 2000.

Mr Bhuyan is now heading for Assam, his homeland, where he will spend time studying and completing tasks left by his father, a retired chief secretary, who died last year.

Meanwhile, Assocham is looking for Mr Bhuyans successor. Assocham sources said Mr Bhuyan was spearheading a restructuring exercise with leaner secretariat. The process was abruptly stopped after his decision to quit.

Sources also pointed out that from time to time some members did suggest a merger of the chamber with either CII or the Federation of Indian Chambers of Commerce & Industry for better coordination and synergy.

Assocham was founded in 1920 by six chambers, the Bengal Chamber of Commerce & Industry; Bombay Chamber of Commerce & Industry; Cochin Chamber of Commerce & Industry; Indian Merchants Chamber, Mumbai; The Madras Chambers of Commerce & Industry and PHD Chambers of Commerce & Industry.

The chamber boasts a membership of over 100,000 companies representing trade, industry, professionals and associations.