Tata Steel announces winners of the 11th edition of its Annual Business Challenge – Steel-a-thon

~ This edition saw record participation from 12,000+ students from 28 premier B-Schools across the

country ~

~ Team ‘The Mettle Kids’ from IIM Shillong emerged as the winner and Team ‘Legacy’ from XIM

Bhubaneswar secured the Runner-up position in the Business Track ~

~ Team ‘The Alloy Analyts’ from IIM Shillong emerged as the winner and Team ‘Metallix’ from IIFT

Kolkata secured the Runner-up position in the Value Chain Track ~

~Team ‘High Flyers’ from MDI Gurgaon emerged as the winner and Team ‘The Iron Fisters’ from

XIM Bhubaneswar secured the Runner-up position in the People Track ~

30th September, 2024 (Odisha Tazanews) Kolkata :-> : Tata Steel announced the winners of the 11th edition of its flagship annual business challenge, Steel-a-thon, in a thrilling grand finale held in Kolkata on September 27, 2024. This competition, designed for India’s premier B-Schools, offers students a unique opportunity to work on real-life business challenges and receive mentorship from Tata Steel's leadership. Team ‘The Mettle Kids’ from IIM Shillong emerged as the winner and Team ‘Legacy’ from XIM Bhubaneswar secured the Runner-up position in the Business Track, while Team ‘The Alloy Analyts’ from IIM Shillong emerged as the winner and Team ‘Metallix’ from IIFT Kolkata secured the Runner-up position in the Value Chain Track.

Team ‘High Flyers’ from MDI Gurgaon emerged as the winner and Team ‘The Iron Fisters’ from XIM Bhubaneswar secured the Runner-up position in the People Track. Peeyush Gupta, Vice President, TQM, Group Strategic Procurement & Supply Chain, Tata Steel, said: “For more than a decade now, Steel-a-thon has emerged as one of Tata Steel’s most effective platforms to scout for talent from some of India’s best B-Schools. The consistent increase in the number of participants and their enthusiasm stands testimony to the growing popularity of this platform. On behalf of Tata Steel, I would like to congratulate the winners and thank all participants, my fellow jury members, and the organising team for making this edition of Steel-a-thon a big success.”

The Steel-a-thon competition, now in its 11th year, witnessed an overwhelming response with participation from 12,000+ students from 28 renowned B-Schools across India. This year, the participating teams were presented with three distinct tracks, each centered around crucial business themes: "Vision to reshape Business" for Growth Aspirations in the Business track, "Vision to Reimagine Supply Chain" for Sustainable Value Chain in Value Chain track, and "A vision to change tomorrow" for Employee Well-Being in People track. A total of 17 case studies were floated across the three tracks. This season also featured case studies from Tata Steel Europe, offering participants the opportunity to engage with the Company’s Europe team.

The competition commenced with 1648 teams submitting their executive summaries for the pre-finale. After rigorous evaluation, 200 teams progressed to the pre-finale round, and ultimately, 16 teams secured their spot in the highly anticipated finale. The finalists presented their innovative business case solutions to a distinguished jury comprising leadership members from Tata Steel – Peeyush Gupta, Vice President, TQM, Group Strategic Procurement & Supply Chain, Prabhat Kumar, Vice President, Marketing and Sales (Flat Products), Ashish Anupam, Vice President, Long Products, and Zubin Palia, Chief Group HR & IR. The winning teams from each track received cash prizes of INR 250,000, while the first runners-up were presented with cash prizes of INR 150,000.

Both the winning teams and runners-up were also awarded Pre- Placement Offers and Pre-Placement Interview opportunities, opening doors to potential career opportunities with Tata Steel. 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 queries and information

Sarvesh Kumar, Chief Corporate Communications, Tata Steel, sarvesh.kumar@tatasteel.com

About Tata Steel

 Tata Steel group is among the top global steel companies with an annual crude steel capacity of 35 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 around US$27.7 billion in the financial year ending March 31, 2024.

 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 78,000.

 Tata Steel has announced its major sustainability objectives including Net Zero by 2045.

 The Company has been on a multi-year digital-enabled business transformation journey intending to be the leader in ‘Digital Steel making’. The Company has received the World Economic Forum’s Global Lighthouse recognition for its Jamshedpur, Kalinganagar, and IJmuiden Plants. Tata Steel has also been
recognised with the ‘Digital Enterprise of India – Steel’ Award 2024 by Economic Times CIO.

 Tata Steel aspires to have a 20% diverse workforce by 2025. The Company has been recognised with
the World Economic Forum’s Global Diversity Equity & Inclusion Lighthouse 2023.