1. Business Groups

The business groups include a large number of industrial and commercial bodies. They are the most sophisticated, the most powerful and the largest of all pressure groups in India. They include:

(i) Federation of Indian Chamber of Commerce and Industry (FICCI); major constituents are the Indian Merchants Chamber of Bombay, Indian Merchants Chamber of Calcutta and South Indian Chamber of Commerce of Madras. It broadly represents major industrial and trading interests.

(ii) Associated Chamber of Commerce and Industry of India (ASSOCHAM); major constituents are the Bengal Chamber of Commerce of Calcutta and Central Commercial Organisation of Delhi. ASSOCHAM represents foreign British capital.

(iii) Federation of All India Foodgrain Dealers Association (FAIFDA). FAIFDA is the sole representative of the grain dealers.

(iv) All-India Manufacturers Organisation (AIMO). AIMO raises the concerns of the medium-sized industry.