The Indian School of Business (ISB) and Strategy&, part of PwC network, have entered into a partnership to set up an industry think-tank to drive thought leadership in the country’s 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 rigour at ISB and market insight from Strategy& are being brought together through this collaboration to provide access to research and analysis against the backdrop of Make in India policy and thrust on local aerospace and defence production,” Pradeep Singh said.

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 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,” Anurag Garg, Director and Defence Vertical Leader, Strategy&, said.

The think tank expects to engage with the Indian companies on strategy, go-to-market approaches and government policy and various aspects of defence value chain.

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