Delhi: the student team of FOSTIIMA BUSINESS SCHOOL, New Delhi have given the concept of COMMAN ROOF PROGRAME for the up gradation of the unlicensed petty vendors of Indian Railways at the Indian Institute of Technology Roorkee in their annual tech fest COGNIZANCE-09.This Business plan competition was organised under the name of Prodesk 3.0(Design for social need). The gruelling event was organised from 20 march to 22 march. The inauguration guest was honourable YAHOO INDIA head. The team was lead by Purushotam Sati and Rohit K. Gupta specialising in Finance and Marketing respectively.
The team of two students had been short listed for final round presentation from among various entries from whole India. There were11 teams in the final round including 3 IITs and NITs. It was not a easy ride, as they pitted their brains against prestigious teams and selected among top 3 teams and awarded by merit certificates and cash prize. The business model given by fostiimites was hand-to-hand activity of corporate, NGOs, and Microfinance institutes. It was the ultimate test of managerial ability, analytical mind, presentation skill, and innovative idea. They had to design the new innovative, light weight, aesthetically design, display system which should be worn by vendors. fostiimiites design the different display systems which were made by thin cane especially by flora in middle Himalya region (local name-Ringal). The display system presented by fostiimites was light weight from 0.5 kg to 1.5 kg and can sustain the weight up to 75 kg. They had also given many ideas to improve the sanitation and garbage problems as well as to generate the revenue.
According to the team members Purushotam sati and Rohit k. Gupta, it was both an enriching and enlightening experience signifying the high point of their MBA at FBS. The education imparted to them along with a bent of social consciousness would help them to apply their skills to the long term development issues facing the country and create both revenue as well as societal value.