Students from a Gurgaon-based business management school would now advise PepsiCo chief Indra Nooyi after winning a contest.
The students - Supreet Kaur, Anand Trivedi and Anand Mohan Sharma, part of the team called Midas of Management Development Institute (MDI) - won a contest entitled "Taste the Success - Become Indra's Advisors".
In the competition, PepsiCo India invited business strategies for unlocking the latent demand for beverages in India from the leading management schools.
Kaur, Trivedi and Sharma would be flown to PepsiCo headquarters in New York in April, where they will present and discuss their case solution with the chairman and CEO of PepsiCo Inc.
If the business strategy is found feasible, the team may get an opportunity to engage as advisors on an ongoing basis with PepsiCo to operationalise their ideas.
The first runners-up team from Faculty of Management Studies of the Delhi University received a cash award of Rs.100,000 and the second runners-up, another team from MDI, received a cash award of Rs 50,000.
The top six teams from MDI, FMS and Indian Institute of Management Indore will get an opportunity to appear for a pre-placement interview without going through the initial screening process.