Sanjeev Mansotra formed Core Projects & Technologies in 2003 at the young age of 31 and achieved tremendous success despite severe competition in education sector. Sanjeev Mansotra, over the years, has demonstrated enormous vision and managerial capabilities to successfully establish stable and profit making entities in the areas of Education, Wellness and Power.
Powered by his vision and drive, CORE has emerged as one of India’s largest global education companies, offering best of breed end-to-end solutions in more than three continents across the world.
Sanjeev Mansotra’s ability to forge strategic alliances with key partners across the globe has led to the bringing in of prominent global education players like the University of Oxford & Centre of Higher Learning, NASA into India. His unique understanding and skill in working with Government bodies has seen CORE form long term associations with the Governments of the USA, UK, apart from India.
Under Sanjeev Mansotra’s leadership, CORE has won several accolades which include featuring in Forbes Asia’s “Best Companies under a Billion”. The company ranked second in the Deloitte’s “Technology Fast 50 – India 2007 Awards” and received the ‘Special Jury Award’ for outstanding work done at the school and rural level under the Sarva Shiksha Abhiyan program (e-India 2007). CORE was also ranked 20th in the 2007 Deloitte Technology Fast 500 in Asia Pacific.
Sanjeev Mansotra has been ranked as India’s Most Valuable CEO by Business World (India’s Most Valuable CEOs’ Survey 2010 – category – Information Technology). Sanjeev Mansotra is also known for his motivational, interactive and empowering style of management. The company continues to retain its original management team and enjoys one of the lowest attrition rate in the industry – a testimony to Sanjeev Mansotra’s endeavor to shape CORE into a dynamic, living & breathing organization.
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The Indian Media and Entertainment Industry
In my previous post I have discussed about one print media company called LOKMAT MEDIA LIMITED.
- The Indian Media and Entertainment (“M&E”) industry was valued at Rs.587 billion in CY2009, compared to Rs.578 billion in CY2008.
- Media and Entertainment industry expected to grow 14% in comparison in FY’11 in YoY comparison to FY’10
- Television and print media were the largest revenue–generating segments, contributing approximately 70% of the total revenue dominating the sector.
- Internet, Out-of-Home (OOH), Gaming & Animation contribute to 30% of total revenue in Media and Entertainment segment in India
- Indian advertising industry to grow by over 9% (CARE)
- Key trends and growth drivers in Media and Entertainment
- Digitisation (Eg: DTH, IPTV, e-paper, online movies etc)
- Regionalisation (growing literacy, disposable income etc)
- Growing importance of subscription/ pay market (Pay for quality content and expereice for DTH, Value added services, General Packet Radio Services (GPRS) etc.)
- Print Media Trends
- Indian print media industry is estimated to grow up 260 billion rupees from the current 139 billion, which is over 18.7% from the current levels
- Indian print media is grown Compound CAGR of 8%
- 92% of the papers published in India are vernacular language papers
- Population in Maharashtra – 9,67, 52, 247 (Handbook of basic statistics of Maharashtra state 2007)
- Literacy rate in Maharashtra – 76.9% (Handbook of basic statistics of Maharashtra state 2007)
- Television Media
- The total size of the television sector accounted for Rs. 257 billion in CY2009
- Indian television industry is projected to grow by a CAGR of 12.5% over the period CY2010-14 and is estimated to reach Rs. 480 billion in CY2014 from the present size of Rs. 257 billion in CY2009