Budget needs to spell out policies to ensure that maximum domestic manufacturing – Kamal Nandi, Business Head & EVP, Godrej Appliances

New Delhi, January 18, 2017: “Consumer appliances help to enhance people’s quality of lives through various household products and hence are a crucial sign of India’s rapid economic growth. These products are not luxury items but vital tools towards making people’s lives easier and more productive.

The consumer appliances segment keenly awaits the forthcoming budget. There are huge expectations in terms of policies and incentives so that it could assist during the initial phase of GST implementation, which will entail some amount of uncertainty and hence anxiety on the part of the business fraternity.

Additionally, the forthcoming budget needs to spell out policies to ensure that maximum domestic manufacturing can be achieved across the segment. There should further be incentives and tax concessions for manufacturing energy efficient products, which are the need of the hour and in keeping with the government’s focus in this area.

The recent demonetization move and resultant cash crunch has dampened customer’s buying sentiment. Hence, there should be urgent policy measures to spur consumption for economic growth.”

Mr. Kamal Nandi, is the Business Head & Executive Vice President of Godrej Appliances, a 2750 Cr. flagship division of Godrej & Boyce Mfg.Co.Ltd.

He joined the company in 1997 with a Regional responsibility, and was promoted as a General Manager for West in 2001. In 2003 he took over additional responsibility of Eastern Region. In 2004, he was made the Head of Sales for the Appliance division. In 2005 he was promoted as Vice President –Sales, with responsibility of domestic & international markets. In 2006 he was given the additional responsibility of New Product Development & Marketing. In 2010 he became the Executive Vice President for Sales, Marketing & New Product Development. Last year, he has been promoted as the Business Head & Executive Vice President for Godrej Appliances.

Mr Nandi is an eminent industry spokesperson; he is the Chairman of Home Appliance Industry Council of CEAMA (Consumer Electronics and Appliance Manufacturers Association) and a Member of RAMA (Refrigeration & Air-conditioners Manufacturers Association). He Heads the Godrej & Boyce Marketing Council and is a member of the Strategic Marketing Team for the Group.

Having completed his Bachelor’s Degree in Mechanical Engineering and his MMS(Marketing) from Welingkar Institute, Mr. Nandi started his career with Crompton Greaves as Marketing Executive in the year 1990, and later in 1994 moved on to join IFB Bosch as Regional Manager (West), prior to joining Godrej.

Corporate Comm India(CCI Newswire)