Mumbai: 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.
“We at 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.
Your email address will not be published. Required fields are marked *
FCA Introduces New Jeep® Grand Cherokee Petrol and Announces New Prices Across Luxury Range
KPIT First Quarter Results FY 2018
AXIS Securities launches voice-based mobile trading
RERA good for industry’s future but transition issues, delayed implementation may affect FY2018 performance: ICRA
Q2’17 Edition of the KPMG Enterprise Venture Pulse Report – A global analysis on VC Funding
Select a category
Play slots online with critic.net
2014 The Global Indian New Network (TGINN)