Another feather in the crown, Roopak Nair (PGDSM-MIT) and Varsha Krishnan (PGDM) of team “Achievers” have won the paper presentation contest “eRetailing: Is India ready for it?" held at FMS, Delhi. The event was a part of the ClickIT conclave conducted by the SYNOPSYS Society of FMS. There were over 130 entries received from B-schools all over India out of which only 5 teams made it though to the finals. The finalists were from IIM A, IIM K, IIT Chennai, IIT Delhi and SPJIMR setting the stage for a tough competition.
e-Retailing is one of the fastest growing segments of the global economy and the second-largest in the US both in terms of establishments and employees with estimates that e-Retail will grow at 10-20 % CAGR over the next few years. The sector has seen a huge surge in demand in e-ticketing, books, music, etc. But still a lot remains to be done in various sectors like Education, Legal Services, etc. which offer good opportunities for e-Retailing of services. The paper needed to address the best suitable e-Retailing model tuned to Indian environment.
The entire event was very enticing with the team from IIM A and IIM B focussing on supply chain models and the future of e-Retailing in India. The team from IIT Delhi spoke about how post offices could be used as web-kiosks to enable e-retailing. IIT Chennai focussed on the different aspects of e-retailing. Team Achievers, Roopak and Varsha covered the holistic perspective of e-retailing in India from all aspects like organisation, environment, technology, kirana stores and customers.
It did not take the esteemed panel of judge much ado to notice team “Achievers” brilliant delivery and superior quality of content. The victory announcement was so exciting that when the judges asked the audience who the winners would be, the only voice that came out from the crowd was “SP Jain…SP Jain…SP Jain”. Team “Achievers” received a whooping twelve thousand INR in cash prize.
To add to the win one of the judges, Mr.Manish Agarwal, VP marketing, Rediff was so impressed with what team “Achievers” had to present that he asked the team for their presentation and was interested in going for further research projects and internships in this area.
Kudos Roopak and Varsha :)
e-Retailing is one of the fastest growing segments of the global economy and the second-largest in the US both in terms of establishments and employees with estimates that e-Retail will grow at 10-20 % CAGR over the next few years. The sector has seen a huge surge in demand in e-ticketing, books, music, etc. But still a lot remains to be done in various sectors like Education, Legal Services, etc. which offer good opportunities for e-Retailing of services. The paper needed to address the best suitable e-Retailing model tuned to Indian environment.
The entire event was very enticing with the team from IIM A and IIM B focussing on supply chain models and the future of e-Retailing in India. The team from IIT Delhi spoke about how post offices could be used as web-kiosks to enable e-retailing. IIT Chennai focussed on the different aspects of e-retailing. Team Achievers, Roopak and Varsha covered the holistic perspective of e-retailing in India from all aspects like organisation, environment, technology, kirana stores and customers.
It did not take the esteemed panel of judge much ado to notice team “Achievers” brilliant delivery and superior quality of content. The victory announcement was so exciting that when the judges asked the audience who the winners would be, the only voice that came out from the crowd was “SP Jain…SP Jain…SP Jain”. Team “Achievers” received a whooping twelve thousand INR in cash prize.
To add to the win one of the judges, Mr.Manish Agarwal, VP marketing, Rediff was so impressed with what team “Achievers” had to present that he asked the team for their presentation and was interested in going for further research projects and internships in this area.
Kudos Roopak and Varsha :)
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