ISB ties up with 'Strategy&' to set up Indian defence think tank

NEW DELHI: Indian School of Business has entered into an agreement with global strategy consulting firm Strategy& to set up think tank on the Indian defence sector.

The think tank will focus on engaging the Indian companies on strategy, go-to-market approaches and government policy, the two partners said in a joint release.

Strategy& is a part of global consultancy PricewaterhouseCooper arm.

“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, deputy dean of the Hyderabad-based B-school and CEO of its Mohali campus.

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.

“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,” said Anurag Garg, director and defence vertical leader at Strategy&.