Samir Somaiya, Chairman and Managing Director of Godavari Biorefineries Ltd., President of Somaiya Vidyavihar, and Chancellor of Somaiya Vidyavihar University has been elected as President of IMC Chamber of Commerce and Industry advocating for economic growth and trade.

IMC Chamber of Commerce and Industry has a rich legacy of over a century of existence. Headquartered in Mumbai, the Chamber represents the voice of over 400,000 businesses and industry establishments across India from diverse sectors of industry with its membership base of over 5,000 members and over 150 trade associations affiliated to it. The Chamber’s core function is to provide policy inputs and to promote interests of industry and economic growth of the country.

Somaiya is a distinguished leader with a remarkable portfolio encompassing diverse sectors. As Chairman and Managing Director of Godavari Biorefineries Ltd., he drives the company's sustainable solutions for renewable chemicals and biofuels. Additionally, he holds key positions as the Chancellor of Somaiya Vidyavihar University and President of Somaiya Vidyavihar, contributing significantly to academic excellence and educational development.

His influence extends beyond education and business. He serves as the Chairman of K. J. Somaiya Trust, K. J. Somaiya Medical Trust, K. J. Somaiya Institute of Applied Agriculture Research, and The Girivanvasi Pragati Mandal, organizations dedicated to social welfare, education, and medical advancements. Furthermore, he is the founder of the Research Innovation Incubation Design Laboratory (riidl), a Business Incubator that supports young entrepreneurs and fosters innovation.