SpiceJet's Ajay Singh Takes Over As Assocham President

SpiceJet Chairman & Managing Director Ajay Singh on Wednesday took over as the President of the Associated Chambers of Commerce and Industry of India (Assocham). Singh replaces ReNew Chairman & CEO Sumant Sinha, who completed his tenure as the industry body's President on 28 March. 

Also, Sanjay Nayar, Founder and Chairman, Sorin Investment Fund took over as the Senior Vice-President of ASSOCHAM.

"It is a great honour to be leading Assocham, which has been serving the nation for 103 years. I am taking over at times which are both exciting and challenging. As an economy, India stands out as a robust economy in the midst of global headwinds. Even when major economies of the world face the threat of recession, the Indian economy is growing between 6.5-7 per cent. Under the resolute government of Hon'ble Prime Minister Shri Narendra Modi, who also chairs Group of 20, India holds great hopes of leading global recovery," said Singh on his appointment.

Singh added that the chamber would stay engaged with the government, central and states, leading academicians, economists, and corporate leaders to find solutions to the issues which may crop up in a fast-changing global economic and political landscape.   

Singh is also the President of the Boxing Federation of India and Vice President of the International Boxing Association. 

Singh is an alumnus of the Indian Institute of Technology – Delhi, where he received a degree in engineering and got his Master's degree in Business Administration from Cornell University in the United States. Singh also holds a Bachelor's degree in Law (LLB) from the Faculty of Law, University of Delhi.