Industry body Federation of Indian Chambers of Commerce and Industry (FICCI) on Friday named Harshavardhan Neotia, chairman of Ambuja Neotia Group, as its president elect for 2016.
The federation announced that Neotia will take over from the incumbent Jyotsna Suri, who is the chairperson and managing director of Bharat Hotels, after the FICCI annual general meeting which will be held next month.
FICCI said that Ambuja Neotia Group covers the entire spectrum of the real estate industry, including housing, hospitality, health care and education.
In 1999, Neotia was conferred with Padma Shri for his outstanding initiative in social housing.
Currently, Neotia is a member of the Rajasthan chief minister's advisory council, and member of the West Bengal chief minister's core committee on industry.