The occasion was to award Lakshya Business Visionary 2006 to Chairman ITC Ltd. Mr. Y.C Deveshwar, Chairman Mahindra & Mahindra Ltd. Mr. Keshub Mahindra and Chairman Wipro Technologies Ltd., Mr Azim Premji. Mr. Rajat Sharma, Chairman India TV was awarded Best Startup Entrepreneur of the year 2006. Honorable Finance Minister, Govt of Maharashtra Shri Jayant Patil was the Chief Guest of the grandeur. The main concern expressed was how to empower the rural India with innovation and comprehensive infrastructure development.

The results of the Modules of Lakshya are -:
Supply Chain Module-; 1st – Marico , 2nd – Dr. Reddy’s, 3rd – Godrej

Systems & IT Module-: 1st – Mahindra & Mahindra, 2nd – BASF, 3rd – Patni

Operations Management -: 1st – L&T;, 2nd – BPCL, 3rd – L’Oreal

General & HR Module-: 1st – Wipro, 2nd – HPCL, 3rd – Dupont

The overall Mahindra & Mahindra won Lakshya Trophy for their project “Customer Centric IT Infrastructure” which was given by Chairman, Board of Governors, NITIE and Secretary, Ministry of HRD Mr. Sudeep Banerjee.

The jury members consisting of VPs and CEOs complimented the students of PGDIE- NITIE for holding such a confluence of industry giants and young brains, which serves as a wonderful learning exercise for all.

Empresario – the event celebrating the spirit of entrepreneurship was held on 15th October 2006 aimed at infusing the sapient elements of entrepreneurship in the students. Mr. Harish Mittal, Chairman, Mercator Lines Ltd. was bestowed the Empresario Most Inspiring Entrepreneur of the year 2006.

The B-Plan contest and Spardha, which attracted participation from far-famed B-Schools like IIM-A IIM-C, IIM-L, XLRI, ISB, FMS, IIT-B, SIBM, DCE, and SPJIMR etc. was chaired by GM SBI Mr. Bhagwanta Rao with Mr. Pravin Gandhi, President TiE, Mumbai as Guest of Honor. The B-Plan winners were FMS Delhi. KJ Somaiya won Spardha consisting of incisive and brainstorming management games. In the elevator pitch idea the student team from ISB clinched the first prize.

The resplendence of Empresario continued further with D’Apprendre, where Mr. R. Sriram, founder of Crossword bookstores and Mr. Dheeraj Gupta, founder JumboKing Vadapav shared their success stories with the audience, moderated by Mr. Manak Singh, Director TiE Mumbai. Their amulet was that “for success, a combination of vision and venture is required”.

The winners of Samadhan – a series of online quizzes organized exclusively for engineering students were also awarded during the event.
The galore of events came to an end with Dr. S. D. Awale, Director NITIE emphasizing that students are not only learning management but also practicing it by organizing Lakshya.
At NITIE, Mumbai the Lakshya of excellence will continue…