IIM-A Bags Top Spot In GE Cap Contest

Mumbai: | Updated: Feb 28 2003, 05:30am hrs
In an effort to enhance awareness for the Business Process Outsourcing (BPO) industry, GE Capital India Services (GECI) recently organised a paper-writing competition across the countrys leading management institutes. Entries were invited from IIM-Ahmedabad, IIM-Bangalore, IIM-Calcutta, IIM-Lucknow, XLRI- Jamshedpur and FMS-Delhi.

IIM-Ahmedabad was declared All-India Winners and IIM-Lucknow adjudged All-India Runners-up in the contest. The objective was also to capture the available talent and get them to opt for GE for a career. The topic was Business Process Outsourcing: Going Beyond Cost Advantages.

Says Mr Pramod Bhasin, president & CEO, GECIS Global, and president, GE Capital India: India has the intellectual talent to provide best-in-breed solutions to global customers. We are looking at attracting bright talent to work with us.

Mr Bhasin believes that the 21st century will see a surge in growth of IT-enabled services industry. And India should play a major role.We have to move beyond the cost advantages India offers, change the perception of India from a low-wage to a high-intellect country, he adds.

The competition was open to final year students across the participating business schools. The finalists were selected after three rounds of short-listing and were invited to Gurgaon to present their paper to a panel for selection.

GE Capital, an international financial services company is a wholly-owned subsidiary of General Electric Company. GE Capital provides a variety of consumer and specialised services to businesses and individuals in 47 countries around the world.