Tata Steel announces winners of the 9th edition of Steel-a-thon

~ This edition saw record participation from 9000+ students from 28 premier B-Schools across the country ~ 

~Team Fluke from MICA Ahmedabad emerged as the winner and Team Firebolt from IIM Raipur secured the
Runner-up position in Business Track ~ 

~ Team Steelars from XIM Bhubaneswar emerged as the winner and Uddeshyea from IRMA Gujarat secured the Runner-up position in Value Chain Track ~ 

~ Team HR Crew from XIM Bhubaneswar emerged as the winner and Team Drifter from IIM Bangalore secured the Runner-up position in People Track ~

Tata Steel announced the winners of the 9th edition of its annual business challenge for premier B-Schools in India, Steel-a-thon on September 24, 2022, where students presented their innovative solutions on real-life business cases. Team Fluke from MICA Ahmedabad emerged as the winner and Team Firebolt from IIM Raipur secured the runner-up position in Business Track. Team Steelars from XIM Bhubaneswar was declared the winner and Uddeshyea from IRMA Gujarat the runner-up position in Value Chain Track. Team HR Crew from XIM Bhubaneswar were declared the winner of the People Track while Team Drifter from IIM Bangalore came in as the runner-up.

Steel-a-thon 2022 witnessed record participation, with a total of 9000+ students registering in teams of three students each, from around 28 premier B-schools in India. For this year’s edition, the teams had the option to choose a case from 3 tracks and submit their ideas/solutions for any one case. The tracks and their themes were - Business—Growth aspirations (Grow More), Value Chain—Sustainable Value Chain (Do More), and People—Employee Well-Being (Live More).

A total of 1036 teams submitted the executive summary for the pre-finale. Post the rigorous examination of the submissions, 53 teams got selected for the pre-finale round. Finally, only 16 teams made it to the finale. The finalists presented their business case solutions to a jury comprising senior management of Tata Steel led by Rajeev Singhal - Vice President Marketing & Sales (Flat Products); Peeyush Gupta - Vice President Supply Chain, Tata Steel; Ashish Anupam - Managing Director, Tata Steel Long Products and Zubin Palia - Chief Group HR & IR, Tata Steel.

Rajeev Singhal, Vice President, Marketing & Sales (Flat Products) said: “We have now been through 9 seasons of Steel-a-thon and it only gets better and better. In this edition too, we saw some young and brilliant minds showcase great determination, passion, and innovative ideas at the finale. Fiercely contested by the best minds from across the country. Heartiest congratulations to all the winners and a big thank you to all the participants for making this season historic.”

Peeyush Gupta, Vice President, Supply Chain, Tata Steel, said: “We are excited to witness such a strong and engaging participation with every passing edition. This is a clear sign of the growing popularity of the Steel-a-thon and its progress over the last nine years. It is heartening to see young minds with enormous potential work towards building the connect between academics and business challenges. While I heartily congratulate the winners, I want to express my gratitude to all the participants to pinch out time from their grueling MBA schedule to analyse the business cases. We were impressed by the insights and quality of recommendations made by the teams, and it speaks volumes about the talent that is expected to come in the business in the coming years." 

The winning teams for each track received prize money worth INR 2,50,000 and the Runners-up were presented with cash prizes worth INR 1,50,000. These teams also received PPO (pre-placement offers) and certificates. Select students from the National Finalists will receive a PPI (pre-placement interview) opportunity.

Steel-a-thon is a platform that gives young minds a window to not only showcase, but also get real-time excerpts and insights from the best in the industry. The participants of Steel-a-thon greatly benefit from the mentorship provided by the senior management of Tata Steel which exemplifies the focus on quality and attention to detail. The platform intends to groom more and more budding leaders for real-life business challenges through the application of their classroom knowledge on the practical front. This year was no different where it offered students a chance to work on real-life business challenges.

About Tata Steel Foundation

Tata Steel Foundation is Corporate Social Responsibility (“CSR”) implementation arm of Tata Steel Limited. TSF is engaged in enabling significant societal advancement through projects within the broad thematic areas of education, energy, health, social justice, environment, skill development, sustainable livelihoods, urban development, and community sports. It believes in the role of citizens towards its vision of an enlightened and equitable society, and partners with likeminded individuals and organizations to unlock greater participation in development.

About TERI

The Energy and Resources Institute (TERI) is an independent, multi-dimensional research organization, with capabilities in policy research, technology development, and implementation. Headquartered in New Delhi, TERI has regional centres and campuses in Gurugram, Bengaluru, Guwahati, Mumbai, Panaji, and Nainital, supported by a multi-disciplinary team of scientists, sociologists, economists, engineers, administrative professional and state-of-the-art infrastructure.
For details, contact:
P Anima – animap@teri.res.in
Sumit Bansal - sumit.bansal@teri.res.in

About Tata Steel

Tata Steel group is among the top global steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world's most geographically diversified steel producers, with operations and commercial presence across the world. The group recorded a consolidated turnover of US $ 32.83 billion in the financial year ending March 31, 2022.

A Great Place to Work-Certified^TM organisation, Tata Steel Limited, together with its subsidiaries, associates, and joint ventures, is spread across five continents with an employee base of over 65,000. Tata Steel has been a part of the DJSI Emerging Markets Index since 2012 and has been consistently ranked amongst top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. Besides being a member of ResponsibleSteel^TM, worldsteel’s Climate Action Programme and World Economic Forum’s Global Parity Alliance, Tata Steel has won several awards and recognitions including the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar and IJmuiden Plants, and Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17. The Company, ranked as India’s most valuable Metals & Mining brand by Brand Finance, featured amongst CII Top 25 innovative Indian Companies in 2021 and top 10 sustainable organisations of India Hurun Research Institute in the 2021 Capri Global Capital Hurun India Impact 50, received Steel Sustainability Champion recognition from worldsteel for five years in a row, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk - Metals & Mining Sector recognition at The India Risk Management Awards for the sixth consecutive year, and Award for Excellence in Financial Reporting FY20 from ICAI, among several others.

To know more, visit www.tatasteel.com and WeAlsoMakeTomorrow

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Disclaimer:

Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.

For media enquiries contact:

Sarvesh Kumar

Chief, Corporate Communications - Tata Steel

E-mail: sarvesh.kumar@tatasteel.com