AIMO was founded by Bharat Ratna Sir. M. Visvesvaraya in 1941. The organization has established itself as a body committed to Industrial progress with the motto “Prosperity through Industry”. AIMO has its headquarters in Mumbai and AIMO has numerous State and Regional level boards elected annually. AIMO has Secretariats at the headquarters and also multiple State Boards.

Traditionally AIMO members have been from Small, Medium and Large scale industries from all over the country with diverse interests such as engineering, chemicals, pharmaceuticals, food processing and services. Recently we have seen a surge in interest from the Start up and New Age Entrepreneurs  of the country as they believe that AIMO is a credible support and a genuine voice for their concerns at the Policy level.