Looking Back – 50 Golden Years
The Council for Fair Business Practices (CFBP) was set up in late 1966 by a group of Eminent Businessmen such as Mr. J.R.D. Tata, Mr. Ramakrishna Bajaj, Mr. Ashok Birla, Mr. Arvind Mafatlal, Mr. S. P. Godrej, Mr. Harish Mahindra, Mr. Naval Tata & others. The main objective was to have a self-regulatory body of businessmen so as to protect the interests of the consumers by ensuring that businessmen follow fair business practices. It serves as bridge between the Consumers and Manufacturers. It caters to both manufactured products & service sector.