Overseas Indian Facilitation Centre (OIFC), a Private Public Partnership (PPP) between the Government of India, Ministry of Overseas Indian Affairs (MOIA) & Confederation of Indian Industry (CII), have signed an MoU with the Indian School of Business to launch a specially designed programme for the young Indian Diaspora business owners & professionals in decision making capacity, to familiarise them with doing business with India.
Called the “India Fellows Programme” under OIFC’s India Connect initiatives, the programme aims to familiarise the young Indian Diaspora who wish to do business with India and/or invest but are hesitant to do so owing to lack of familiarity with the Indian economy.
The “India Fellows’’ Programme will help them gain an understanding of aspects critical to gaining market entry into India; practical insights about doing business with India, understanding the legal & regulatory environment, exposure to Indian economy and an insight into the emerging opportunities in the world’s fastest growing economy.
Mr Geetha Krishnan, Director, Centre for Executive Education, Indian School of Business said, “The ten – day residential programme will be an experiential oriented mix including exposure to the touch & feel of the Indian market, connect with senior Govt officials dealing with investment policies, domain experts, captains of the Indian industry and a curated networking opportunity with potential business partners.”
Selected candidates who complete the programme will become members of the OIFC India Entrepreneurship Fellows (OIEF) Club, which will receive support & facilitation from OIFC in doing business in India.
The India Fellows Programme is open to young Indian Diaspora entrepreneurs/professionals in decision-making capacity/potential investors & international partners of Indian companies (21-39 years of age); with minimum 3 years of entrepreneurial experience.
Scheduled to begin in mid-2016, the programme is being offered at a special introductory fee of US $5,000 per participant plus service tax. Fee includes boarding & lodge, programme-related learning material, field visits & webinars. Participants will have to bear the cost for travel and local conveyance.
Mr Anil Agarwal, Secretary, Ministry of Overseas Indian Affairs said, “We hope that OIFC’s India Fellows programme will serve as a first step for familiarizing those Diaspora Businessmen and professionals who wish to explore doing business with India and are looking for a sound introduction on how to.”
Overseas India Facilitation Centre was set-up by the Government of India, in partnership with the Confederation of Indian Industry, to facilitate economic engagement of Overseas Indians with India.
The Indian School of Business is a premier tier-1 Business School of India and ranks high on the top global business schools. It is the first Business School in South Asia to receive the AACSB accreditation.
