10 Best Chief Business Officers in India 2023

Kapil Malhotra

Global Business Unit Head – Fluoropolymers,

Gujarat Fluorochemicals Limited


A chemical engineer from BITS Pilani and an MBA in marketing and Finance from FMS, New Delhi, Kapil Malhotra is a global business leader with over 35 years of experience. He has driven multiple business development initiatives and marketing strategies, along with advancing brand awareness in global markets by positioning his company GFL’s products, in over 50 countries as its Global Business Unit Head.

GFL is a leading producer of Fluoropolymers, Fluoro specialities, Refrigerants and Chemicals for applications in varied industries. GFL derives its strength from expertise in Fluorine Chemistry, vertical integration from natural minerals to Fluoropolymers and strong R&D, enabling us to provide one of the best quality products meeting all regulatory compliances, to our clientele globally. GFL started with India’s largest Refrigerant manufacturing unit at Ranjitnagar, Gujarat, India. Foraying into new avenues in 2007, with one of the world’s most integrated facilities at Dahej, Gujarat, India, GFL now has a diverse portfolio of Fluoropolymers comprising PTFE, PFA, FKM, PVDF and Fluoropolymer Additives. By setting up capacities for materials (fluoropolymers and speciality chemicals) catering to new growth sectors, the group is extending its reach into EVs, solar energy, and hydrogen fuel cells. Several capacities are being set up at GFL including those for PVDF used as cathode binders in EV batteries, chemicals for EV batteries, and membranes for Hydrogen Electrolysers.

With three manufacturing facilities in India, a captive Fluorspar mine in Morrocco, offices and warehouses in Europe and USA, and a marketing network spread across the world, GFL is one of the most established players in Fluoropolymers and Fluorospecialities markets globally.

10 Best Chief Business Officers in India 2023

The role of Chief Business Officer (CBO) has gained significant importance globally in recent years as businesses navigate an increasingly complex and competitive landscape. The CBO is a high-level executive responsible for driving the overall strategy and operations of a company’s business activities. This involves steering a wide range of challenges and opportunities, from economic and market shifts to emerging technologies and changing consumer behaviours.

One of the key factors driving the growing importance of the CBO is the need to stay ahead of the competition in an increasingly crowded marketplace. This requires a deep understanding of the industry and market trends, as well as the ability to identify and capitalize on new growth opportunities. The CBO must also be able to anticipate and respond to changes in customer behaviour, shifting regulatory landscapes, and other external factors that can impact the company’s bottom line.

Another important driver of the CBO’s significance is the need to leverage technology to drive business success. This may involve developing new digital products and services, implementing advanced analytics and data-driven decision-making processes, and leveraging emerging technologies like artificial intelligence and machine learning to streamline operations and improve customer experiences.

Building and maintaining strong relationships with key stakeholders, including customers, investors, and partners, is also a crucial part of the CBO’s role. This requires exceptional leadership and communication skills, as well as the ability to build trust and credibility through transparent and ethical business practices. The growing importance of the CBO is also reflected in the increasing number of companies that have created this role. According to a recent survey by the National Association of Corporate Directors, nearly one-third of Fortune 500 companies now have a dedicated CBO or similar executive position.

The current edition of TradeFlock highlights the above critical elements of a CBO’s role and responsibilities. It brings forth the real life challenges, responsibilities and opportunities of some of the eminent CBOs from across the industry.

Company Name

Person Name


Vice President Of Business Development

Chief Business Officer

Global Business Unit Head - Fluoropolymers

Director Business Development

Chief Business Officer

Chief Business Officer

Chief Business Officer



VP & Business Head