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IMC's major contribution was in assuming the role of economist during the pre independence era.

The chamber fulfilled the need by upholding the high standards of business ethics and functioning in a democratic manner. It nurtured a generation of business leadership known for its capability, integrity and patriotism, and deployed it in the work of moulding public policies suited to the growth of a new prosperous india.

Leaders Jawaharlal Nehru, Sardar Vallabhbhai Patel and Maulana Azad in the Chamber
Shri V K Krishna Menon, Union Defence Minister at a Function in the Chamber
First Governor-General Shri C. Rajagopalachari at a Chamber Function
Shri Govind Vallabh Pant, Union Home Minister at a Function in the Chamber
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