IIFT Delhi shines in TiE All Asia Business Plan Competition

IIFT Delhi yet again made its presence felt on the global Business School platform. A team from IIFT, Delhi secured the runners-up position in the TiE All-Asia Business Plan Competition. The team featured 5 students from the 2nd year batch of IIFT’s flagship MBA-IB program:- Sudeep Deb, Rohit Mittal, AnuragRanjan, HemantPrajapati and ArunPandit. After a closely fought contest featuring over 1300 teams from 16 TiE chapters across Asia, IIFT came second only to the team from the TiE Malaysia Chapter.This achievement comes close on the heels of the recent QS Global 200 Business Schools Report 2012which ranked IIFT in the 21st position in the list of best B-schools in the Asia Pacific region. IIM A, B, C, ISB and IIFT were the sole Indian representatives in this prestigious list.

About TiE

The Indus Entrepreneurs (TiE), was founded in 1992 in Silicon Valley by a group of successful entrepreneurs, corporate executives, and senior professionals with roots in the Indus region. There are currently 13,000 members, including over 2,500 charter members in 57 chapters across 14 countries. TiE’s mission is to foster entrepreneurship globally through mentoring, networking, and education. Dedicated to the virtuous cycle of wealth creation and giving back to the community, TiE’s focus is on generating and nurturing our next generation of entrepreneurs.

Besides its flagship event, TiECon- the largest professional conference for entrepreneurs, TiE now has a wide range of programs including Special Interest Groups (SIGs), TiE Institute, Deal Flow Meetings, TiE Young Entrepreneurs, and, most recently, TiE Women’s Forum and CEO Forum.

TiE’s All-Asia Business Plan Competition (AABPC) is an International program for Asia based Graduate-level university students. 16 Chapters have signed up to host a level 1 competition after scouting local universities for perspective participants. TiE Delhi hosted the Finals (level 2) and the winner will be guaranteed place at the Rice University Business Plan Competition on April 12-14, 2012.

About IIFT

The Indian Institute of Foreign Trade (IIFT) was set up in 1963 by the Government of India as an autonomous organization to help professionalize the country's foreign trade management and increase exports by developing human resources; generating, analyzing and disseminating data; and conducting research.

Today it is a deemed university and one of India's most prestigious business schools. The Institute's portfolio of long-term programs is diverse, catering to the requirements of aspiring International Business executives and mid-career professionals alike. The Institute works to continuously upgrade its knowledge base with a view to servicing the requirements of the Government, trade and industry through both sponsored and non- sponsored research and consultancy assignments.