KIIT School of Management (KSOM), KIIT University organized its 6th National Finance Conclave on 26th September, 2015 on the theme “Financing the growth of India-The roadmap for the next decade.”
The conclave was inaugurated by Mr. Ashok Barat, MD & CEO, Forbes & Company Ltd., Mr. Ganesh Padmanabhan, CFO & Company Secretary, Godrej Industries Ltd., in the company of Prof. N. L. Mitra, Chancellor, KIIT University and Prof. Anil Bajpai, Director, KSOM.
Prof. N. L. Mitra, in the welcome address, said that to achieve greater economic growth in India a robust bureaucratic and legal framework has to be put in place. This would result in nurturing businesses and attracting greater investment.
Delivering his keynote address, Mr. Ashok Barat talked about challenges in resourcing the growth of India. He spoke about the hard issues – infrastructure of all kinds, and soft issues – values, wisdom, education, political wisdom and sagacity. Talking about public versus private investment, he said that today there is no demarcation between the two. He emphasised upon the creation and circulation of wealth for economic sustainability and infrastructure in the country not only needs to be created but also maintained properly.
Mr. Ganesh Padmanabhan, started his keynote address by citing some real-life examples. He said that if people are really willing, then they can change the face of Indian economy. Businesses should understand the importance of ethics and transparency. Some of the key challenges for financing growth of India are attracting right kind of investment in the right sectors, achieving inclusive growth, reforming the infra-technological and legal frameworks to achieve faster growth. The need of the hour is visionary leadership in business and politics.
The inaugural ceremony was followed by engaging panel discussions, which provided deep insights into the three sub-themes of “Public Vs Private Investment: Who would drive India’s next phase of growth?”, “Indian Financial Sector: What lies ahead?” and “Infrastructure Finance in India: Who will foot the bill?”
The panel discussions had industry luminaries like Mr. K.P. Rangaraj, CFO & President (Finance), TVS Srichakra, Mr. Rajiv Bajaj, Vice President & Partner, Nomura Research Institute India, Mr. Tamal Datta Chaudhuri, Ex-CGM, Industrial Investment Bank of India & Principal, Calcutta Business School, Mr. Subhendu Mishra, CFO, NBHC – An India Value Fund Advisor company, Mr. Rohit Kumar Chawda, Senior Vice President, Peerless Funds Management, Mr. Swapnil Pawar, CEO, Karvy Capital, Mr. Biranchi Narayan Sahoo, General Manager, SEBI, Mr. Sidharth Rath, President, Corporate Banking, Axis Bank, Mr. Prasanna Prakash Panda, Chief Investment Officer, IIFCL Asset Management Company Ltd., Mr. Akashdeep Shasta, Director, India Growth Partners Private Ltd. and Mr. Debasish Das, Asst. Vice President – Corporate Regulatory Affairs, Reliance ADAG Group, Ms. Mythili Bhusnurmath, Consulting Editor, ET Now & Senior Consultant, NCAER.
The conclave was a significant step by KIIT School of Management to act as a bridge between the industry, management students and academia. The conclave saw huge participation from corporate stalwarts, academicians and students from B-Schools across India.