Press release from Business Wire India
Source: Indian School of Business
Friday, December 31, 2010 04:54 PM IST (11:24 AM GMT)
Editors: General: Consumer interest, People; Business: Advertising, PR & marketing, Business services, Defence & security, Education & training, Heavy industries, Major diversified industrial groups; Automotive
ISB & CDM to Host Joint Seminar on Self Reliance in Defence Production
Hyderabad, Andhra Pradesh, India, Friday, December 31, 2010 — (Business Wire India) — The Indian School of Business (ISB) and the College of Defence Management (CDM) will be organising the first ever joint Seminar on ‘Building Capability through Self Reliance in Defence Production’ on January 7-8, 2011.
While the market for defence equipment in India expected to grow steadily for the next 25 years as a result of the Government’s major modernisation drive, it also provides new opportunities for employment and business both for the public and private sectors.
Making the announcement, Ajit Rangnekar, Dean, ISB said, “This conference will bring together key senior policy and decision makers, industry leaders and experts from academia to identify the business potential in the Indian defence markets and explore opportunities that will benefit both the MNC’s and the SME’s alike.”
A recent Deloitte-CII study points out that 70 per cent of the current defence procurement comes from foreign sources while Indian companies supply only 30 per cent, the bulk of which are components and sub-assemblies to state-owned companies. With the first ever Defence Production Policy to be unveiled in January 2011, along with a significantly revised Defence Procurement Policy there are expectations that indigenous production of defence equipment will be ramped up to a large extent. The conference will examine the opportunities that can be afforded to the Indian Industry as a result of the proposed changes in the Defence Offset and Production Policy. Defence equipment manufacturers across the country are expected to attend this conference.
Admiral Vivek S Batra, AVSM, Commandant, College of Defence Management, co – hosts of the Seminar said “Self reliance and Defence Production is strongly linked to national security. Synergy between the Indian Industry (public and private) policy makers and the users will go a long way in achieving this aim.”
The conference has attracted participation from Government, PSUs, MNCs and SME players. Prominent speakers include Shri Shekhar Dutt, Governor of Chhattisgarh, Shri M M Pallam Raju, Raksha Rajya Mantri, Heads of PSUs like HAL, BEL, Bharat Forge and so on.
This conference will provide policy makers, practitioners – personnel from Armed Forces, R&D and the Industry a common platform to discuss, debate and recommend measures to streamline India’s march towards self reliance.
About the ISB:
The Indian School of Business (ISB) was established in 2001 with an aspiration to put India on the global map of management education. In less than a decade since its inception, the ISB has successfully pioneered several new trends in management education in India, and firmly established itself as a world class management institution. In 2008, the ISB became the youngest institution to be ranked among the Top 20, in the Global B-school Rankings by the Financial Times, London, and since then has been ranked consistently among the top B-schools globally. The ISB today has a strong pool of research-oriented resident faculty and invites high calibre international faculty from reputed B-schools to teach in its Post Graduate Programme in Management (PGP), Post Graduate Programme in Management for Senior Executives (PGPMAX), and Executive Education Programmes. In addition to teaching, the visiting faculty also participates in collaborative research with the resident faculty. The school has over 3000 PGP Alumni and 12000 Executive Education Alumni, making an impact on business and society across the world. The ISB is in the process of setting up its second campus in Mohali, Punjab. In addition to offering the Post Graduate and Executive Education programmes, the Mohali Campus will have Institutes for promoting research and education in areas critical to India’s development, viz. Healthcare Management, Public Policy, Physical Infrastructure Management, and Manufacturing Excellence & Innovation. The Mohali campus is slated to be operational from April 2012.
Sriram Gopalakrishnan Director – Marketing and Communications, Indian School of Business, +91 9394568030, [email protected]
CONSUMER, PEOPLE, MARKETING, BUSINESS SERVICES, DEFENCE, EDUCATION, HEAVY INDUSTRIES, GROUPS, AUTOMOTIVE
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