Sajid Nadiadwala has stepped down as the president of the Indian Film & TV Producers Council (IFTPC) after 13 years. In his place, Ratan Jain, a veteran with three decades of experience in Bollywood and former head of IFTPC from 2010-2012, has been appointed as his successor. Jain has produced films such as 'Dhadkan', and 'Garam Masala', among others.