NEST – Nurturing Excellence, Strengthening Talent
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With placement season already begun in various Business school and Engineering colleges, Flipkart and Amazon have landed themselves in an intense battle to get the best share of talents from the lot that the premier management and engineering institutes offer.
Flipkart is going to lodge its debut presence at final placements in institutes like National Institute of Technology (NIT) Warangal, National Institute of Fashion Technology (NIFT), National Institute of Design (NID) and Faculty of Management Studies (FMS) Delhi, for summer placements.
As the market is improving post two big steps- Demonetisation and GST, e-commerce giant Amazon and Flipkart are aggressively expanding their base in every possible way. Amazon has even tried to reach out to local craftsman and rope them into the business.
The impact of this expansion is going to be witnessed in the campus placement of Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and National Institutes of Technology (NITs) this year. According to a report in The Economic Times, both Amazon India and Flipkart are planning to grab the best available talent in the country as they want them to work on emerging technologies such as artificial intelligence (AI), big data, internet of things (IoT) and machine learning (ML).
According to the reports, Flipkart is in the due process of being taken over by Walmart, the magnanimity of such incident can draw in more talents towards the brand, even the faculty members of the various premier institutions are hopeful about it.
It is worth mentioning here that last year, Amazon took the lead both in terms of the number of offers and remuneration in campus hiring at these top colleges. The ET reported that Amazon offered annual packages close to Rs 30 lakhs, including stock options, compared with Rs 21 lakhs without stock options offered by Flipkart.
The ET further reported that Flipkart may boost hiring as it prepares itself for the future. As the Indian population is fast getting under the scope of the internet revolution, things are changing fast. With a huge consumer base and improving logistics, the bulk of the population is leaning towards e-commerce websites for fulfilling their needs. All these reasons have made it a priority for brands like Flipkart, Amazon etc to inculcate Big data, machine learning, decision sciences and artificial intelligence to smoothen their internal and external processes. These are also the key areas for the season’s hiring plan.
Flipkart is going to lodge its debut presence at final placements in institutes like National Institute of Technology (NIT) Warangal, National Institute of Fashion Technology (NIFT), National Institute of Design (NID) and Faculty of Management Studies (FMS) Delhi, for summer placements.
As the market is improving post two big steps- Demonetisation and GST, e-commerce giant Amazon and Flipkart are aggressively expanding their base in every possible way. Amazon has even tried to reach out to local craftsman and rope them into the business.
The impact of this expansion is going to be witnessed in the campus placement of Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and National Institutes of Technology (NITs) this year. According to a report in The Economic Times, both Amazon India and Flipkart are planning to grab the best available talent in the country as they want them to work on emerging technologies such as artificial intelligence (AI), big data, internet of things (IoT) and machine learning (ML).
According to the reports, Flipkart is in the due process of being taken over by Walmart, the magnanimity of such incident can draw in more talents towards the brand, even the faculty members of the various premier institutions are hopeful about it.
It is worth mentioning here that last year, Amazon took the lead both in terms of the number of offers and remuneration in campus hiring at these top colleges. The ET reported that Amazon offered annual packages close to Rs 30 lakhs, including stock options, compared with Rs 21 lakhs without stock options offered by Flipkart.
The ET further reported that Flipkart may boost hiring as it prepares itself for the future. As the Indian population is fast getting under the scope of the internet revolution, things are changing fast. With a huge consumer base and improving logistics, the bulk of the population is leaning towards e-commerce websites for fulfilling their needs. All these reasons have made it a priority for brands like Flipkart, Amazon etc to inculcate Big data, machine learning, decision sciences and artificial intelligence to smoothen their internal and external processes. These are also the key areas for the season’s hiring plan.
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