The Madhya Pradesh Chamber of Commerce & Industry, Gwalior has served for the growth of the trade, Commerce and Industry not only for the State of Madhya Pradesh but also for whole of the nation. Acting as a bridge between the Central and State Government, the Chamber has taken the lead in bringing about far reaching change in terms of economical and industrial growth in its 100 years of existence.

It was the then Ruler of the princely state of Gwalior, Maharaja Madhav Rao Scindia (First), who conceived the idea of setting up of such an organization that would provide a forum for the sharing of expertise and exchange of ideas between the business groups and the tools of governance. His idea crystallized during his visit to Europe, where he saw the functioning of such institutions. With this noble motive, this institution was established in 1906 with 24 members, with an aim to facilitate the industrial and overall development of the region.

The Chamber also worked for nationalist ideals, at a time when Swadeshi Movement was in full vigour and the Chamber joined hands with the national leaders for the cause.

The Madhya Pradesh Chamber of Commerce & Industry, Gwalior is associated with the Federation of Indian Chambers of Commerce & Industry (FICCI), New Delhi and is also a member of the Federation of Madhya Pradesh Chambers of Commerce & Industry (FMPCCI), Bhopal. Beside trade associations, various commerce and industrial entities of the country constitute this prestigious organization. Presently there  are  approximately 2000 members on its roll. Because of the efforts of the MPCCI, industrial areas of Madhya Pradesh such as Malanpur, Banmore, Maharajpura, Baraghata and Birlanagar have been  developed and Gwalior has become one of the major industrial centers of Madhya Pradesh.

The stamp design depicts evolution of coins in and around Gwalior and adjoining parts of central India. Coins, as a token of currency, symbolize the growth of commerce and economic activity, and reflect stability and prosperity of the issuing states. The stamp features coins of Madhav Rao Scindia, Gwalior, 1886 A.D., 1/2 paise, Holkars of Indore, Shivaji Rao issued in the name of Shah Alam II 1886- 1903 A.D., 1/4 rupee, Independent India 20th Century, 1/2 anna, 1954, Vikramajit Mahendra, Orcha, issued in the name of Shah Alam II, 1796-1817 A.D., Silver rupee and Ahilya Bai issued in the name of Shah Alam II, Holkars of lndore.

The Department of Posts is pleased to issue a commemorative postage stamp on Madhya Pradesh Chamber of Commerce and Industry.

Source : Information Folder issued by Indian Posts & Telegraph Department, Government of India