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

Mumbai, 01 October 2022

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

~Team Fluke from MICA Ahmedabad came out victorious and Team Firebolt from IIM Raipur secured it
Runner-up position in Business Track ~

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

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

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

The 2022 Steel-a-thon saw record participation, totaling 9000+ students enroll in teams of three students each, from around 28 major B-schools in India. For this year’s edition, teams have the option to choose a case out of 3 tracks and submit their idea/solution to one case. The songs and themes are – Business—Growth Aspirations (Grow More), Value Chain—Sustainable Value Chain (Do More), and People—Employee Wellbeing (Live More).

A total of 1036 teams submitted executive summaries for the pre-finals. After rigorous inspection of submissions, 53 teams were selected for the pre-final round. Ultimately, only 16 teams made it to the finals. The finalists presented their business case solutions to a jury consisting of senior management of Tata Steel led by Rajeev Singhal – Vice President Marketing & Sales (Flat Products); Peeyush Gupta – Vice President of 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) it says: We’ve now been through 9 seasons of the Steel-a-thon and it’s just getting better and better. In this edition as well, we see some young and bright minds display incredible determination, passion and innovative ideas in the final. Hotly contested by the best minds from across the country. Heartfelt congratulations to all the winners and a huge thank you to all the participants for making this season historic.”

Peeyush Gupta, Vice President, Supply Chain, Tata Steel, it says: “We are very pleased to witness such strong and attractive participation with each passing edition. It’s a clear sign of the growing popularity of Steel-a-thon and its progress over the past nine years. It is heartening to see young minds with great potential working to build links between academia and business challenges. While I sincerely congratulate the winners, I would like to thank all the participants for taking time out of their grueling MBA schedules to analyze the business case. We were impressed by the insight and quality of recommendations made by the team, and it speaks volumes about the talent expected to emerge in this business in the years to come.”

The winning team for each song receives a cash prize of INR 2,50,000 and the Runners-up are awarded a cash prize of INR 1,50,000. These teams also accept PPOs (pre-placement offers) and certificates. Students selected from the National Finalists will receive a PPI (pre-placement interview) opportunity.

Steel-a-thon is a platform that gives the younger generation a window to not only showcase, but also get real-time quotes and insights from the best in the industry. Steel-a-thon participants greatly benefited from mentorship provided by Tata Steel’s senior management who demonstrated a focus on quality and attention to detail. This platform intends to prepare more budding leaders for real-life business challenges through applying their classroom knowledge in practical areas. This year is no different in that it offers students the opportunity to tackle real-life business challenges.

About Tata Steel Foundation

Tata Steel Foundation is the implementation unit of Corporate Social Responsibility (“CSR”) of Tata Steel Limited. TSF is involved in enabling significant societal progress through projects in broad thematic areas such as education, energy, health, social justice, environment, skills development, sustainable livelihoods, urban development, and community sport. He believes in the role of citizens towards his vision of an enlightened and just society, and partners with like-minded individuals and organizations to unlock greater participation in development.

About TERI

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

About Tata Steel

The Tata Steel Group is one of the top global steel companies with an annual raw steel capacity of 34 million tons per year. It is one of the most geographically diversified steel producers in the world, with operations and commercial presence worldwide. The Group recorded a consolidated turnover of US$32.83 billion in the financial year ending 31 March 2022.

A Great Place To Work CertifiedTM organization, Tata Steel Limited, together with its subsidiaries, associates and joint ventures, is spread across five continents with an employee base of more than 65,000. Tata Steel has been part of the DJSI Emerging Markets Index since 2012 and has consistently been among the top 10 steel companies in the DJSI Corporate Sustainability Assessment since 2016. In addition to being a member of ResponsibleSteelTM, Worldsteel Climate Action Program and World Economic Forum Global Parity Alliance, Tata Steel has won several awards and recognition including World Economic Forum Global Beacon recognition for Jamshedpur, Kalinganagar and IJmuiden Mills, and Prime Minister’s Cup for best performing integrated steel mill for 2016- 17. The company, which is ranked as the most valuable Metals & Mining brand in India by Brand Finance, is among CII Top 25 innovative Indian Companies in 2021 and top 10 sustainable organizations of India Hurun Research Institute in 2021 Capri Global Capital Hurun India Impact 50 , received Steel Sustainability Champion recognition from worldsteel for five consecutive years, ‘Most Ethical Company’ award 2021 from Ethisphere Institute, RIMS India ERM Award of Distinction 2021, Masters of Risk – Metals & Mining Sector award at The India Risk Management Awards during six years in a row, and the FY20 Award for Excellence in Financial Reporting from ICAI, among others.

To find out more, visit www.tattasteel.com and We Also Make Tomorrow

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Statements in this press release that describe the performance of the Company 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 may affect the Company’s operations include economic conditions affecting demand/supply and price conditions in the domestic and foreign markets where the Company operates, changes in or due to the environment, Government regulations, laws, statutes, statements judicial and/or other incidental factors.

For media inquiries contact:

Sarvesh Kumar

Head, Corporate Communications – Tata Steel

Email: sarvesh.kumar@tatassteel.com

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