CFBP Council for Fair Business Practices

On October 2, 1966, the Late Mr J R D Tata, the late Mr. Ramakrishna Bajaj and others, prominently Mr.Arvind Mafatlal, Mr. F. T. Khorakiwala, inspired by Mahatma Gandhi's message came together and formulated a Code of Conduct for Businessmen. Out of this desire to build bridges of understanding between manufacturers and consumers, the Fair Trade Practices Association was born and later renamed as Council for Fair Business Practices (CFBP). It represented the coming together of a section of like-minded businessmen who felt the need to safeguard consumer interests in an organised manner through a forum of Self-Regulation and thereby help elevate the public image of business. 
Today, this organisation is the only one of its kind in India, and has as its members some of the Country’s leading business houses and Trade Associations. Since its inception, the Council has been propogating the Code of Fair Business Practices which codifies the norms of business activities that ensure justice and