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New Delhi, Oct 4

THE HCL group founder and first-generation entrepreneur, Mr Shiv Nadar, today joined the Executive Board of the Indian School of Business (ISB).

"The Indian economy is growing at a high rate and is already being counted among the top 10 global economies. The challenge is to create corporate managers as India becomes part of the global economy," said Mr Nadar, adding that as a member of the board he would suggest areas for increased co-operation between industry and academia to meet the fast-growing demand for corporate managers.

The ISB board includes Mr Lakshmi Mittal, Mr N.R. Narayana Murthy, Mr Adi Godrej, and Mr Rajendra Pawar.

ISB, set up in 2000, has two centres of excellence and intends to set up four more centres.

"The third centre for manufacturing logistics and supply chain management will be operational in mid-November, while a consumer behaviour lab, to be part of the strategic marketing centre, will be functional before the end of this academic year," said Mr M. Rammohan Rao, Dean of ISB.

(This article was published in the Business Line print edition dated October 5, 2005)
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