The collaboration of Indian School of Business with Guidance Tamil Nadu to encourage Investment.

According to an ISB press release on Monday, the MoU aims to work on growth monitoring and economic recovery, especially in the post-COVID era.

A memorandum of understanding ( MoU) has been entered into by the Indian School of Business (ISB)-Hyderabad with Assistance Tamil Nadu, nodal investment promotion, and a single-window facilitation agency.

According to an ISB press release on Monday, the MoU aims to work on economic recovery and growth monitoring, especially in the post-COVID era.

Tamil Nadu Neeraj Mittal, Managing Director-CEO of Guidance, and ISB Dean Professor Rajendra Srivastava exchanged MoUs at a digital event held on September 18, the release said.

The collaboration will bring intellectual capital to ISBs to resolve some of the core economic recovery and investment promotion issues.

In Tamil Nadu, the B-school will look into the creation of a pharma /chemical sector strategy and synchronise it with environmental sustainability, it said.

ISB would also come up with suggestions on investment drivers in Tamil Nadu’s southern districts and carry out the defined projects under its new initiative JumpStartIndia@ISB,’ in which the latest batch of its students could work with the research team and expert faculty on issues of interest to economic recovery and development.

In these testing times, Mittal said the involvement with ISB via Jump Start India is a significant start in the partnership between government, academia, and industry.

The position of academia has never been more important in developing creative solutions for economic recovery, he added.

In order to solve rising socio-economic problems, Srivastava said that academic collaboration has become crucial.

“I am pleased that the ISB has the requisite rigour and power to establish evidence-based research work that will strengthen government decision-making skills that will contribute to the achievement of aspirational development goals,” he said.

He added, “I congratulate Dr Neeraj Mittal and his team for making this collaboration possible.