{"id":1123,"date":"2026-04-20T05:27:49","date_gmt":"2026-04-19T23:57:49","guid":{"rendered":"https:\/\/krishiparva.in\/?p=1123"},"modified":"2026-04-20T05:27:50","modified_gmt":"2026-04-19T23:57:50","slug":"bia-installs-dr-rajesh-doshi-as-president","status":"publish","type":"post","link":"https:\/\/krishiparva.in\/index.php\/2026\/04\/20\/bia-installs-dr-rajesh-doshi-as-president\/","title":{"rendered":"BIA Installs Dr. Rajesh Doshi as President"},"content":{"rendered":"\n

Industry Leaders Use Ceremony to Press Case for MSME Ambition<\/em><\/p>\n\n\n\n

\ud83d\udccd Mumbai \u00b7 April 18, 2026 <\/p>\n\n\n\n

\ud83c\udfed ARISE \u00b7 AWAKE \u00b7 ACHIEVE<\/h1>\n\n\n\n
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BIA President Dr. Rajesh Doshi with the newly elected office bearers and executive committee members at the 62nd Installation Ceremony, Hotel Sahara Star, Mumbai. The backdrop reads: Congratulations Dr. Rajesh Doshi \u2014 62nd Installation Ceremony.<\/figcaption><\/figure>\n\n\n\n

Mumbai’s Hotel Sahara Star on Saturday evening was not the venue for a routine leadership handover. The Bombay Industries Association’s 62nd Installation Ceremony \u2014 compact in ceremony, substantive in content \u2014 marked both a change of guard and a deliberate pivot in how one of India’s older industry bodies sees its own role in the country’s economic moment.<\/strong><\/p>\n\n\n\n

Outgoing President Hitesh Shah<\/strong> handed charge to Dr. Rajesh Doshi<\/strong>, Managing Director of Diagold Creation Pvt. Ltd., in the presence of diplomats, government officials, and a cross-section of Maharashtra’s business community. Vice President Ritesh Choksi<\/strong> delivered the vote of thanks. The evening also saw the signing of an MoU and the formal unveiling of the cover page of BIA’s revived institutional publication, Entrepreneur<\/em><\/strong>.<\/p>\n\n\n\n

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Industry Leaders Use Ceremony to Press Case for MSME Ambition<\/figcaption><\/figure>\n\n\n\n
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\ud83d\udcca MSME India \u2014 Key Numbers<\/h4>\n\n\n\n

7.5 \u0915\u0930\u094b\u0921<\/p>\n\n\n\n

\u090f\u0915\u0942\u0923 MSME \u0909\u0926\u094d\u092f\u094b\u0917<\/p>\n\n\n\n

33 \u0915\u0930\u094b\u0921<\/p>\n\n\n\n

\u0930\u094b\u091c\u0917\u093e\u0930 \u0928\u093f\u0930\u094d\u092e\u093f\u0924\u0940<\/p>\n\n\n\n

48%<\/p>\n\n\n\n

\u092d\u093e\u0930\u0924\u093e\u091a\u0940 \u0928\u093f\u0930\u094d\u092f\u093e\u0924<\/p>\n\n\n\n

31%<\/p>\n\n\n\n

GDP \u092f\u094b\u0917\u0926\u093e\u0928<\/p>\n\n\n\n

\u0938\u094d\u0930\u094b\u0924: Anish Damania, JM Financial Ltd. \u2014 BIA 62nd Installation Ceremony, April 18, 2026<\/p>\n<\/div>\n\n\n\n

A President Who Came to Business the Hard Way<\/h2>\n\n\n\n

Dr. Doshi’s inaugural address was, by design, unflashy. A medical doctor who entered entrepreneurship not by choice but by circumstance, his opening was deliberately candid \u2014 and it landed. Founded in 1948<\/strong>, a year after Independence, BIA has accompanied India’s industrial arc across eight decades. Dr. Doshi’s presidency, he made clear, would not be custodial.<\/p>\n\n\n\n

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Newly installed BIA President Dr. Rajesh Doshi addresses members and guests from the podium at the 62nd Installation Ceremony, with the dais and leadership team visible in the background. The evening’s theme \u2014 Arise, Awake, Achieve \u2014 set the tone for his presidential agenda.<\/figcaption><\/figure>\n\n\n\n
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“Entrepreneurs are people who refuse to accept limitations. They create something where nothing existed before.”\u2014 Dr. Rajesh Doshi, BIA President 2026\u201327<\/strong><\/p>\n<\/blockquote>\n\n\n\n

His theme for the year \u2014 Arise, Awake, Achieve<\/strong> \u2014 was unpacked with uncommon precision. Arise<\/em>, he said, means committing to a larger purpose beyond hesitation. Awake<\/em> is about awareness of the potential in businesses, people, and the country. Achieve<\/em>, crucially, is about execution \u2014 not just ideas.<\/p>\n\n\n\n

His stated priorities are institutional: strengthening BIA’s structure and continuity; creating substantive member-facing learning and engagement forums; and equipping members for a world reshaped by artificial intelligence, global supply chains, and new export markets<\/strong>. “BIA must not simply be a networking platform,” he said. “It must become a growth engine for entrepreneurs.”<\/p>\n\n\n\n

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Lamp Lighting
Dignitaries jointly light the ceremonial lamp to inaugurate the BIA 62nd Installation Ceremony at Hotel Sahara Star, Mumbai. The traditional lighting marked the formal commencement of the evening under the theme \u2014 Arise \u00b7 Awake \u00b7 Achieve.<\/figcaption><\/figure>\n\n\n\n
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The Numbers Behind the Narrative<\/h2>\n\n\n\n

Chief Guest Anish Damania<\/strong> \u2014 Managing Director (Group Relationships) at JM Financial Ltd. and Honorary Advisor to MITRA, Maharashtra’s state-level policy think tank \u2014 brought a capital markets lens to what is often a rhetorical conversation about MSMEs. His figures were blunt: India’s MSME universe spans 7.5 crore enterprises<\/strong>, 99% of which are micro-sized.<\/p>\n\n\n\n

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Chief Guest Address
Chief Guest Shri Anish Damania, Managing Director (Group Relationships), JM Financial Ltd., addresses delegates at the BIA 62nd Installation Ceremony. The packed auditorium reflected the event’s significance for Maharashtra’s MSME and business community.<\/figcaption><\/figure>\n\n\n\n
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“The nation runs on you guys.”\u2014 Anish Damania, JM Financial Ltd.<\/strong><\/p>\n<\/blockquote>\n\n\n\n

His chosen topic, Scaling Without Losing Control<\/em>, was well-matched to the audience. He drew on the example of a promoter who started a company with \u20b91,000<\/strong> in his pocket and today holds 51% stake in a firm with a market capitalisation of \u20b91.2 lakh crore<\/strong>. His counsel was structural: capital discipline, governance systems that allow delegation without dilution, and technology adoption as non-negotiable rather than aspirational.<\/p>\n\n\n\n

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Guest of Honour Shri Surendrakumar Tibrewala, Managing Director, Fineotex Chemical Ltd., addresses delegates at the BIA 62nd Installation Ceremony, Hotel Sahara Star, Mumbai, April 18, 2026. Tracing Fineotex’s journey from 400 metric tonnes to 2 lakh metric tonnes, Tibrewala urged India’s MSME community: “Never let the words small, micro, or medium live in your ambition. Always think big.”<\/figcaption><\/figure>\n\n\n\n

He also placed India’s MSME challenge in a global frame. In Japan, 99.5% of enterprises are MSMEs \u2014 contributing nearly 50% of GDP. “Even countries like Japan and Germany, both heavily industrialised and technology-intensive, are built on MSMEs.” The implication was clear: absence of ambition<\/strong> \u2014 not the MSME structure itself \u2014 is the constraint.<\/p>\n\n\n\n

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Built Small, Thought Big<\/h2>\n\n\n\n

Guest of Honour Surendrakumar Tibrewala<\/strong>, Managing Director of Fineotex Chemical Ltd., offered something rarer than advice \u2014 a credible case study. His address traced Fineotex’s journey from 400 metric tonnes<\/strong> of annual capacity in 2017 to 2 lakh metric tonnes<\/strong> today, with a market cap of approximately \u20b92,600 crore<\/strong>, over 1.75 lakh shareholders, zero debt, and a cash reserve of \u20b9300 crore.<\/p>\n\n\n\n

The company has since acquired a European entity in Malaysia and, more recently, True10 Technology, an oil and gas company based in Houston, USA<\/strong>. The operational lessons he distilled: speed in execution, R&D proximity, rigorous cost and inventory management \u2014 and, most pointedly, delegation<\/strong>.<\/p>\n\n\n\n

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“Never let the words small, micro, or medium live in your ambition. Always think big.”\u2014 Surendrakumar Tibrewala, Fineotex Chemical Ltd.<\/p>\n<\/blockquote>\n\n\n\n

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Why This Matters<\/h2>\n\n\n\n

BIA’s 62nd ceremony arrived at a moment when India’s MSME policy discourse is in flux \u2014 tariff realignments, the China-plus-one opportunity, PLI scheme uptake, and the looming question of AI-driven productivity all press simultaneously on businesses largely ill-equipped to respond alone.<\/p>\n\n\n\n

That an industry association of BIA’s vintage is explicitly centring AI, global supply chains, and institutional reform<\/strong> in its presidential mandate is not incidental. It signals where the pressure points are. Whether BIA can convert that agenda into actionable programming \u2014 and not merely frame it \u2014 will determine whether Arise, Awake, Achieve<\/em> becomes a record of intent or a record of results.<\/p>\n\n\n\n

\ud83d\udcf8 Photo Gallery \u2014 BIA 62nd Installation Ceremony<\/h3>\n\n\n\n
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Outgoing BIA President Hitesh Shah pins the presidential badge on Dr. Rajesh Doshi, formally installing him as the new President of the Bombay Industries Association at the 62nd Installation Ceremony held at Hotel Sahara Star, Mumbai, on April 18, 2026.<\/figcaption><\/figure>\n\n\n\n
\"Badge
Outgoing BIA President Hitesh Shah pins the presidential badge on Dr. Rajesh Doshi at the 62nd Installation Ceremony, Hotel Sahara Star, Mumbai \u2014 April 18, 2026.<\/figcaption><\/figure>\n\n\n\n

\u270d\ufe0f Vijay Gaikwad<\/strong> | Krishi Parva | Mumbai
\ud83d\udcc5 Published: April 19, 2026
\ud83c\udff7\ufe0f Tags: BIA, MSME, Dr. Rajesh Doshi, Bombay Industries Association, Entrepreneurship, Maharashtra Industry, Hotel Sahara Star<\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

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