fico india

Welcome to Federation of Industrial & Commercial Organization

FICO is a not-for-profit Organization created and run by Galaxy of Entrepreneurs under the Patronship of S. Onkar Singh Pahwa Chairman Avon Cycles Limited, along with Chairmanship of Sh. K. K. Seth Chairman Seth Industrial Corporation and the able President-ship of Energetic President S. Gurmeet Singh Kular to facilitate and promote the growth and development of Small businesses across India through various services like Credit Facilitation, Skill development, Clearing Loan Facilitation, Energy Efficiency, Lean Manufacturing, International Exhibitions & Trainings, Best Practices sharing, Strategic Sourcing, Export-Import Facilitation, Solar Power, Sustainability, Manufacturing Excellence, The focus of this Organization is not just to raise or highlight problems and issues, but to identify common problems and find collective solutions.

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Vision & Mission

"FICO-IamSMEofIndia aims to become a sustainable One-stop Solution Center for Micro Small and Medium Enterprises, by providing Tried, Tested, Credible, Affordable and Ready-made solutions to save time energy and costs for MSMEs."

We believe that "For every individual problem, there is a collective solution." Therefore FICO believes in Growing Together.

FICO firmly believes that visiting international exhibitions keeps you up to date with the technology being used globally, it also helps to manufacture your products as per international standards, It has been the vision of Shri K.K. Seth Chairman FICO that one should concentrate on bring the technology or machinery to India, rather than the products. We should focus on the quality of the products, so that our manufactured products will be acceptable globally products.

What we do?

Government is not able to listen to each and every person that comes to them for support or with concerns, let alone respond to those concerns. FICO's unified voice brings common issues to the attention of government. FICO also work with government to create viable and applicable solutions for those issues, or to strategically work to move the industry forward and for the overall good of the industry.
FICO provide information to their members in a variety of forms - from workshops and conferences, to field days and focus group sessions. This information involves Government Schemes for the MSMEs, New Policies which are being introduced by the Government, Changes in Taxation System; the information is being provided to FICO members 24X7 by emails, SMS'es, WhatsApp Groups etc. Members are being directly benefited by this type of information.
FICO often participate in activities that provide market spinoff benefits to its members. FICO enables its members to participate in Exhibitions globally at subsidized rates; FICO also provides its members a facility to visit Exhibitions Globally, which not only increases their market exposure but also their awareness about in-trends products globally.
In FICO with a large membership base, we have the drawn the numerous insurance companies to sign an MOU with FICO to offer a reduced group rate to its members. FICO Members are getting direct 60% off on Vehicle Insurance, Benefits are more in case of their factory' stock & fire insurance, in stock & fire insurances members get discounts ranging from 90% to 95%
Members of FICO are not corporate, but through FICO every member is a Corporate, It is a prior responsibility of FICO to provide its members with corporate deals, for example, FICO members are getting Rs.3.00/- to Rs.5.00/- per liter less on diesel they purchase for their Industrial use, Also FICO enables its members with cheapest price for Nickel, Air Ticket Bookings, Hotel Bookings etc.
In the past 5 years FICO has led 50 Successful delegations to International exhibitions & conventions to the countries like United States of America, Germany, France, China, Taiwan, Italy, Netherlands, South Africa, Uganda, Rwanda, Austria, Bangladesh, Sri Lanka, UAE, Czechoslovakia, Switzerland, Malaysia, Singapore, Vatican City, Thailand etc. and have seen the latest trends of technologies in bicycle, automotive, machine tools, plastics, automation, agriculture industries, through exhibitions like Interbike, Eurobike, InterPlas, China Cycle Show, Hannover Fair, Taipae Cycle Show, China Plas, Automechanika Fair, Canton Fair, China SME Fair, Apex Expo, German Fashion & Technology Show etc.