Madhya Pradesh Chamber of Commerce & Industry [12-Oct-06]

Theme: Organisations
Title: MADHYA PRADESH CHAMBER OF COMMERCE & INDUSTRY
Date Of Issue: 12-Oct-2006
Denomination: 500(Ps)
No/Issue Sheet: 35
Printing Process: Photogravure
Nos. Printed: 0.4 Million
Printer: India Security Press, Nashik

The Madhya Pradesh Chamber of Commerce & Industry, Gwalior has served for the growth of the trade, Commerce and Industry not only for the State Government, the Chamber has taken the lead in bringing about far reaching change in terms of economical and industrial growth inits 100 years of existence. It was the then Ruler of the princely state of Gwalior, Maharaja Madhav Rao Scindia(First), who conceived the idea of setting up of such an organization that would provide a forum for the sharing of expertise and exchange of ideas between the business groups and the tools of governance. His idea crystallized during his visit to Europe, where he saw the functioning of such institutions. With this noble motive, this institution was established in 1906 with 24 Members, with an aim to facilitate the industrial and overall development of the region. The stamp design depicts evolution of coins in and around Gwalior and adjoining parts of central India. The Department of Posts is pleased to issue a commemorative postage stamp on Madhya Pradesh Chamber of Commerce and Industry.