Mumbai, December 16, 2015: The
Indian School of Business (ISB) and Strategy& (a part of PwC network) have entered into a partnership to set up an industry think-tank to drive thought leadership and impact in the Indian defence sector.
An Agreement to this effect was entered into on the sidelines of the ISB National Conclave between officials of the Munjal Institute of Global Manufacturing at the Indian School of
Business and Strategy& in New Delhi recently. The agreement was exchanged in the presence of Sunil Kant Munjal, Jt. Managing Director of Hero MotoCorp Ltd, Rakesh Bharti Mittal, Vice Chairman, Bharti Enterprises, Ajit
Rangnekar, Dean ISB and Pradeep Singh, CEO ISB Mohali Campus and Deputy Dean ISB.
"The academic rigor at ISB and market insight from Strategy& are being brought together through this collaboration to provide access
to ground-breaking research and analysis of key issues to industry players against the backdrop of the Government of India's Make in India policy and thrust on local aerospace and defence production," said Pradeep
Singh speaking at the event. India is uniquely positioned to emerge as a major aerospace and defence market thanks to Make in India campaign coupled with a healthy supplier base and engineering talent in the country.
Strategy& are committed to bringing our knowledge and unique point of view to our clients, to enable them to enter and expand in the defence sector with a strong understanding of realisable market opportunities. We are happy to
collaborate with ISB in this journey to achieve market traction and impact," added Anurag Garg, Director and Defence Vertical Leader, Strategy &.
As per Strategy& estimates, the Indian defence capital expenditure is
estimated to increase by 8-10% annually till 2020, with the scope for private sector expanding significantly across the tiered value chain.
The think tank will focus on engaging with the Indian companies on strategy,
go-to-market approaches and government policy - including large corporates seeking to grow their defence revenue, foreign players looking to credibly enter the Indian landscape, and MSMEs wanting to play an increasing role in the
defence value chain. It will also provide a platform for various players in the sector to get together to discuss burning issues through its flagship event InDeCap, as well as workshops and roundtable discussions.
About the ISB
The Indian School of Business (ISB) is a global Business school offering world-class management education across its two campuses – Hyderabad and Mohali. The School has grown at a rapid pace over the twelve
years since its inception and already has several notable accomplishments to its credit – it is the youngest school ever to consistently rank among the top Global MBA programmes, the first institution in South Asia to receive the
prestigious AACSB accreditation, one of the largest providers of Executive Education in Asia, and the most research productive Indian management institution. A vibrant pool of research-oriented resident faculty, strong academic
associations with leading global B-schools and the backing of an influential Board, have helped the ISB fast emerge as a premier global Business school in the emerging markets. For more details visit www.isb.edu
About Strategy &
Strategy& is a global team of practical strategists committed to helping you seize essential advantage. We do that by working alongside you to
solve your toughest problems and helping you capture your greatest opportunities. These are complex and high-stakes undertakings—often game-changing transformations. We bring 100 years of strategy consulting experience and the
unrivaled industry and functional capabilities of the PwC network to the task. Whether you're charting your corporate strategy, transforming a function or business unit, or building critical capabilities, we'll help you create the
value you're looking for with speed, confidence, and impact. We are part of the PwC network of firms in 157 countries with more than 208,000 people committed to delivering quality in assurance, tax, and advisory services. Tell us
what matters to you and find out more by visiting us at strategyand.pwc.com.
For further information, please contact:
C. Chitti Pantulu | Meghana Bangalore
Indian School of Business | Adfactors PR, Mumbai
+91 40 2318 7439 |
firstname.lastname@example.org | email@example.com