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Entering its 8th year, IIM Indore recognizes and awards the outstanding work done by PGP and IPM participants during the Summer Internships. This year too, four best projects were selected and awarded cash prizes along with an opportunity to be a part of the grand celebration. The students had to submit a synopsis of their projects, which was then evaluated by the faculty, followed by a presentation by the student. This year, Rishi Baijal (PGP 2016-18) bagged the first prize for his summer internship at Philips Healthcare. He interned in the Business Innovation Unit Sector with Philips Good Image Guided Therapy Department located in the Healthcare Innovation Campus, Pune. Rishi’s project dealt with exploring how healthcare services could be rendered on a rental model with an emphasis on rental period and customer incentives. He received a cash prize of Rs. 25,000.
The second prize was won by Akhil Santhosh (PGP 2016-18) for his project to create a Go-To-Market Strategy for Rooftop Solar for commercial and industrial spaces. The objectives were to identify primary customer segments (including the top prospective customers) in B2B market, to do in-depth analysis of at least 3 customer segments by mapping their key requirements & drivers to invest in solar technology, suggesting a value proposition for the customers and an implementation plan. Akhil received a cash prize of Rs.15,000.
The third prize was received by Anam Nuhi (PGP 2016-18) and Sahil Puri (IPM 2013-18). Anam interned at Corporate Strategy and New Business Development Unit at Robert Bosch Engineering and Business Solutions Limited. The project title was ‘Financial Model for Implications of Localisation of Products’. This was aimed at assessing the impact of localization on market, strategic, operational and financial decisions through the financial parameters. Decision matrix, Scenario planning, and equation formulation formed the fundamentals of the financial modelling to arrive at the result and recommendations for Bosch India Growth Strategy.
Sahil interned with Nestle in the sales department. He was involved in calculating size of prize for every brand and category that Nestle operates in for 53 towns. Sahil wanted to deliver the best possible, hence he did the size of prize calculations in 8 different ways, calculated channel cut data for all brands, categories for 53 towns and two dashboards that could be used by RSMs Nationwide to track opportunity realization.
Both Anam and Sahil received a cash prize of Rs. 10,000.
Other than the winners, projects by Rakesh Nerkar, Animesh Kumar, Diksha Singh, Abhyudaya Kashyap, Anushruti Sati, Swathika S, Bagadi Devi Prasad, BVS Pavan Kumar, Shruti Maheshwari, Sheryl Grover and Debadutta Pati were also appreciated.
The Institute congratulates the students for their achievements.