Indian Industrialists reacted against colonial policies that restricted business activities and formed an organization in 1927. What was it called?

Correct option is C

The correct answer is (c) Federation of the Indian Chamber of Commerce and Industries (FICCI).
· Federation of the Indian Chamber of Commerce and Industry (FICCI) was established in 1927 by Indian industrialists to voice their concerns and to lobby against the restrictive economic policies of the British colonial government.
· It was founded by Ghanshyam Das Birla and Purshottamdas Thakurdas, two prominent industrialists of the time.
· FICCI aimed to represent Indian businesses and industries, promote economic interests, and advocate for a more favorable business environment.
· Over the years, FICCI has played a significant role in shaping India's economic policy and continues to be an influential industry association in India.
Facts to remember:
· The Confederation of Indian Industry (CII) was established much later, in 1895, originally as the Engineering and Iron Trades Association (EITA).
· It underwent several changes and was renamed CII in 1992.
· CII works to create and sustain an environment conducive to the growth of industry in India, partnering with industry and government alike through advisory and consultative processes.