February 9, 2016: The Indian School of Business (ISB), has
receivedfunding from D'DécorHome Fabrics Pvt. Ltd, the world's largest producer of curtain and upholstery fabrics, to offer need-based tuition waivers to students of the flagship Post Graduate Programme (PGP).To be called the
'D'DécorTuition Waiver', the funding will be spread over a period of five years commencing immediately and support five students every year for part waiver of their tuition fees.
An agreement to this effect was signedby
Nikita Desai, Vice President,Strategy & New Business, D'décor Home Fabrics and Sanjay Singh, Director - Office of Development, ISB,in the presence ofAjay Arora,Managing Director, D'Decor Home Fabrics and Professor Rajendra
Srivastava, Dean, ISB.
Professor Rajendra Srivastava, Dean, ISB said, "We are appreciative of the support from D'Décor which will allow us to support bright and deserving students who are in need. As a management education
institution, our vision is to make available the most talented pool for the industry in India and abroad. This kind of industry support will go a long way in attracting and nurturing the best of minds for positive impact on
industry and businesses in the years to come."
ISB is keen to strengthen its ties and work more closely with the industry through various initiatives that will allow the faculty and students to engage with them frequently
and create opportunities for industry to be a part of the learning process at ISB, he added.
Mr. Ajay Arora, Managing Director,D'Decor Home Fabrics, said,"ISB has significantly improved the quality of business education in
India. These students will impact the future of India. D'Decor has complete understanding that higher education has a cost which can truly be funded by those whose lives have been transformed by the success achieved by acquiring
the right education and values."
D'Décoris associated with the ISB as a regular recruiter over the last six years. The diverse student body at ISB offers a multi-talented andskilled pool for recruitment for several
industries. Tuition waivers and scholarships are offered to deserving students who meet merit and need criteria.
ISB is the result of collaboration between committed individuals, corporates and academics and funded entirely
by people and institutions from around the world, who believe in its vision. It works closely with several entities to raise funds to support its research and education initiatives. The School is a nonprofit institution and
operates on an endowment and services model.
L to R : Professor Rajendra Srivastava, Dean, ISB exchanging the agreement with Ajay Arora, Managing Director, D'Decor Home Fabrics Pvt Ltd. D'Décor has given a funding support of
Rs one crore to the ISB.
L to R : Professor Rajendra Srivastava, Dean, ISB and Ajay Arora, Managing Director, D'Decor Home Fabrics Pvt Ltd, shake hands after exchanging the agreement. D'Décor has given a funding support of Rs one crore to the ISB.
L to R : Sanjay Singh, Director - Office of Development, ISB , Professor Rajendra Srivastava,
Dean, ISB, Ajay Arora, Managing Director, D'Decor Home Fabrics and Nikita Desai, Vice President, Strategy & New Business, D'Décor Home Fabrics, after signing the agreement.
D'Décor has given a funding support of Rs one crore to the ISB.
About the Indian School of Business
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 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
D'Decor is the largest producer of curtains and upholstery fabrics in the world.In the period
from 1999 – 2014, D'Decor has had exponential growth. Its turnoverhas increased multi fold from $8 million to $250 million and today D'Decor exports fabric to 65 countries worldwide.
D'Decor believes in continuous pursuit of excellence in performance, quality and innovation. As a company, D'Decor has accomplished many firsts in the Indian furnishing fabric business.
They were the first to introduce water-repellent fabric, flame-retardant fabrics and also to have the first robotic warehouse in India.D'Decor is a proud employer with a family of more
than 4000 committed employees. After proving their excellence in the international market, they are now focused on the Indian growth story. In India, D'Decoris endorsed by none other
than Bollywood superstar Shahrukh Khan and his wife, Gauri Khan. For more details visit www.ddecor.com.
For further information, please contact:
C. Chitti Pantulu | Meghana Bangalore
Indian School of Business | Adfactors PR, Mumbai
+91 40 2318 7439 | +91 9819120245
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