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Guwahati: The Assam Inland Water Transport Development Society (AIWDS) successfully concluded the Jal Yatra Business Plan Competition at the Administrative Staff College in Khanapara, Guwahati. This competition aimed to encourage innovation for the newly established Assam Inland Waterways Company Limited (AIWCL) and attracted participation from more than 200 business schools from across India.
In this two-stage competition, the initial round involved the top 10 teams presenting their visionary business plans virtually on September 10, 2023. The final round featured the top three teams presenting their comprehensive business plans in person.
Tezpur University secured the first place, winning INR 1.5 lakhs for their innovative ideas. IIM Rohtak came in second place, receiving a prize of INR 1 lakh, while Team JalMagn from IIM Rohtak took the third position with a reward of INR 75,000.
This competition aimed to promote innovation, raise industry awareness, facilitate networking, attract investment, and advance inland waterways transportation in Assam. It encouraged creative thinking, innovative solutions, and sustainability practices in business plans, drawing participation from over 200 teams across India.