Hyderabad, August 7, 2026: The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has unanimously elected Vinod Kumar Agarwal, Managing Director of Mahalakshmi Profiles Pvt. Ltd. (MPL Group), as its Vice President for the 2026–27 term.
The election was held during the Second Managing Committee Meeting at FTCCI’s Red Hills premises. Agarwal, who brings over 35 years of leadership experience, has previously served as a Managing Committee Member and chaired several FTCCI committees. His contributions have focused on policy advocacy, industrial development, sustainable growth, and fostering collaboration between industry and government.
Industry leadership and background
As Managing Director of Mahalakshmi Profiles Pvt. Ltd., the flagship of the MPL Group, Agarwal has overseen the group’s diversification into steel, power, logistics, cement, and investment and leasing. The MPL Group, established in 1913, is one of Telangana’s oldest business houses and has played a significant role in the state’s industrial growth and employment generation.
Roles in industry associations
Agarwal has also held key positions in industry bodies, including Chairman of the FTCCI Energy Committee and General Secretary of the Telangana Iron & Steel Manufacturers Association (TISMA). He has been actively associated with the Confederation of Indian Industry (CII) and other trade and community organisations.
Focus on economic development
Following his election, Agarwal stated he was “deeply honoured by the trust reposed in me by the members of FTCCI,” and expressed his commitment to strengthening FTCCI’s role in supporting Telangana’s inclusive and sustainable economic development.
FTCCI, founded in 1917, is among India’s oldest industry associations and works to promote industrial competitiveness, investment facilitation, and policy engagement in Telangana.
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