· Capital goods exporters may look forward to some relief if a proposal by the National Manufacturing Competitiveness Council finds favour with the Finance Minister. Mr Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council, today said that they have suggested that the EximBank should match subventions irrespective of interest rate and tenor so as to provide a level playing field to Indian companies abroad.
Speaking at the “National Seminar on Capabilities, Opportunities and Challenges in Boiler, Turbine and Generator (BTG) Industry” organized by the CII here today, Mr Shankar stressed on the need for Indian manufacturers to push R&D so as to make the big leap in technology.
· This was echoed by Dr Sutanu Behuria, Secretary, Department of Heavy Industry, Ministry of Heavy Industries and Public Enterprises, who said there was need to develop a critical mass in R&D. As per the National Manufacturing Plan, R&D is a major component.
· Both Mr Shankar and Dr Behuria also highlighted the need for diplomatic initiatives to further exports. Mr Shankar said that we should not hesitate in refusing international agreements if they hindered manufacturing growth.
· Mr Dhruv Sawhney, Past President, CII and Chairman and Managing Director, Triveni Turbines Ltd, said that Indian manufacturing had the capability and quality to match the best in the world and there was urgent need to upgrade India’s image in this regard. “We have a global competitive industry with underutilized capacity,” he said.
· All the speakers pointed to the need for spurring investment and looking at financing in light of the requirements of the Indian economy for high growth in the manufacturing and power sectors.
· Mr M S Unnikrishnan, Chairman, CII National Committee on Capital Goods and Engineering, requested the government to provide policy support so that the industry could get a fillip. Acknowledging the recent efforts in this regard, he felt that a more integrated and across-department initiative was required.
· The seminar was attended by industry representatives, EPC players and service providers to the capital goods sector and senior government officials.
CII National Committee on Capital Goods and Engineering in association with the Department of Heavy Industry, Government of India, organized a National Seminar on Capabilities, Opportunities and Challenges in Boiler, Turbine and Generator Industry on Wednesday, 25 September, 2013 in India Habitat Centre, New Delhi.
The seminar focussed on highlighting the investments and opportunities in power sector, escalated the concerns faced by the equipment industry specially under utilization of capacity, showcased the capabilities of the manufactures and provided a platform for an interface with the policy makers.
It covered the entire eco system with active participation from manufacturing companies, user segment, EPC Players and balance of plant supplier. The sessions deliberated upon Investments, Challenges and Opportunities in Boiler, Turbine, Generator sector and Challenges in Execution of Power Projects as well as Challenges in Construction and Erection of Power Plant Projects which was received very well by the participating delegates. The critical issue of transportation of over dimensional consignment was highlighted.
The industry was also able to highlight the policy initiatives and the role that it needs to play for the next five year plan while seeking views and reassurance of the Governments’ continuing support towards the concerns faced.
A CII – Feedback Infra report on the current status of BTG industry in India was made available to all participants. The report brings out action required through government’s intervention through Policy and reforms and SWOT analysis of BTG segment in India. The report also mentions that the BTG Industry needs to look at ways and means to effectively penetrate the international markets which can be achieved faster through collaborative working with other peers in the industry, developers and service providers. It was acknowledged that many equipment manufacturers were already making their mark in the export field but mare concentrated focus would be beneficial for the industry.
Mr Ajay Shankar, Member Secretary, National Manufacturing Competitiveness Council, delivered the Inaugural Address as a Chief Guest at the seminar.
Other eminent speakers at the seminar were ; Dr Sutanu Behuria , Secretary, Ministry of Heavy Industries and Public Enterprises ; Mr Ambuj Sharma, Joint Secretary, Ministry of Heavy Industries and Public Enterprises; Mr. Sanjay Bandopadhyay, Joint Secretary, Ministry of Road Transport and Highways, amongst others.
The seminar was attended by policy makers and senior industry officials from both the power equipment manufacturers and the user segment.
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