Department of Management at I.T.S Ghaziabad organized a guest lecture for MBA 17-19 batch on “Capital Budgeting Techniques & Applications” on 13th April, 2018. The resource person for the lecture was CA Mr. Vishal Sharma, DGM – Finance, Lava Mobiles.  

The session was started with the welcome of Mr. Vishal by Prof. Parul Gupta, Coordinator – MBA Program with plant sapling. Mr. Vishal started his lecture with the introduction to capital budgeting techniques. He interacted with students on the application of NPV & IRR techniques in the industry. He shared that in mobile industry most of the parts were imported from china and display from Taiwan. These parts were assembled in India for the final product.
 

Month Of Events: 
April
Date Of Events: 
13
Year Of Events: 
2018
Image Of Events: 
Full Date Of Event: 
Friday, April 13, 2018
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He told students that recently Central Government has asked Lava Mobiles to manufacture maximum part in India so that employment can be generated in India. For this Lava Mobiles prepared a project estimating the parts which can be manufactured in India. For this NPV technique of capital budgeting was used and using this techniques government imposed 10% tax on import from china and introduced subsidy for Indian manufacturers. He also discussed that qualitative factors are also important with quantitative factors for evaluating a Project.

He also discussed the preparation of cost sheet for different parts like PCPA, Display unit, panel etc. He shared the factors affecting a project approval from government. He majorly emphasized on the generation of revenue for company as well as for government from the project. He also discussed the simple payback technique for evaluating the project. In closing of the session he asked students to be expert in MS EXCEL and Financial Modelling for bright future in finance industry. 

Session ended with vote of thanks proposed by Prof. Ankur Ahuja.