Feb 08
Capital Session
Capital Session
Mr Anil V Parab (Whole-time Director & Sr EVP – Heavy Engineering and L&T Valves) served as the moderator for a pivotal session at the 7th CII Capital Goods Summit 2023 held in New Delhi in November 2023.
 
Mr Parab moderated the panel discussion on “Aggressive Expansion in Exports and Enhancing AatmaNirbharta in the Indian Capital Goods Industry”. The panel comprised esteemed figures such as Mr Sanjeet Singh (Lead & Senior Advisor Trade – NITI Aayog), Mr Sumanta Chaudhuri (Principal Advisor – CII), Mr Vinamra Agarwal (Director – Technical Associates Ltd), Mr Anoop N Roy (AVP & Head – Godrej & Boyce Mfg Co Ltd) and Mr Nitin Gupta (Global CEO – Steer Engineering Ltd).
 
Mr Parab steered the discourse towards factors beyond trade architecture affecting exports, the establishment of a resilient supply chain, the challenges encountered by niche domestic players when venturing into international markets, the elevated cost of working capital, and strategies to position India as a global manufacturing hub.
 
Emphasising on mega opportunities within the Indian Capital Goods sector, he underscored the importance of participating in the global policy framework to bolster exports worldwide.
 
The focal point of Mr Parab’s insights revolved around the significance of energy transition in achieving a zero-carbon footprint and advocating for India’s active involvement in the global policy landscape to fortify its position in the international market.

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