JOIN USHe is taking over reins of the leading business chamber from his successor Hari S Bhartia at a time when the Indian economy is facing challenges like high inflation and rising interest rates among others.
Besides, he also has his task cut out in bridging the wide gap between the industry and government, which is under attack for a rash of scams that have erupted in the country from last few months.
Adi Godrej, Chairman of the Godrej Group and Kris Gopalakrishnan, CEO of Infosys Technologies are also taking over as two Vice Presidents this year.
With Godrej being the senior of the two VPs, he would head the chamber next year, sources said.
Unlike in the past, CII would have two Vice Presidents this year.
Meanwhile, Muthuraman, 66, was Vice President of the industry chamber. He is on the boards of several companies like Bosch Limited and Tata Industries.
He also chairs the Board of Governors of Jamshedpur-based Xavier Labour Relation Institute (XLRI), the college where he did his Masters in Business Administration, and Board of Governors of IIT, Kharagpur.
The new CII president has been a recipient of several prestigious awards like the distinguished Alumnus Award of IIT Madras, Tata Gold Medal of the Indian Institute of Metals.