New Executive Centre to be Constructed in ISB Hyderabad Campus
Indian School of Business (ISB) received a humongous ₹100 crore donation from the Motilal Oswal Foundation, the philanthropic entity of Motilal Oswal Financial Services Limited. It is ISB's biggest ever donation received to date.
A Huge Impetus to ISB's Mission
The gift will enable ISB to construct the Motilal Oswal Executive Centre at its Hyderabad campus. The new centre will facilitate ISB's mission to offer world-class executive education and develop future business leaders.
What Will the New Centre Feature?
The Motilal Oswal Executive Centre is a state-of-the-art complex with a built-up area of 1,91,532 square feet. It will comprise:
- Lecture theatres
- Meeting rooms
- Offices
- A faculty lounge
This new-age centre is conceptualized to provide a better learning experience for executive education programs with working professionals and business leaders being the focus.
Ceremony of Historic Donation
The donation pact was signed in front of some eminent dignitaries:
They came together to commemorate this achievement toward the evolution of higher education in India.
With an Intent to Revolutionize Education in India
Motilal Oswal, Foundation Chairman, addressed the potential of education. He stated,
"Education has always been a force for transformation—opening minds, creating opportunities, and shaping futures."
He also emphasized that the Foundation provides support to other leading Indian institutions such as:
This is a clear indication of the Foundation's sharp interest in nurturing talent by education.
Executive Education is Required
Raamdeo Agrawal, a Foundation Trustee, elucidated the reason behind the donation. In his view,
"ISB has become a centre of excellence in business education. Our contribution will empower corporate leaders to gain global skills and fulfill our dream of 'Giving while Living.'”
This speaks volumes of the Foundation's commitment to giving back to society while in good action and being part of it.
ISB Thanks the Foundation for the Grant
ISB Executive Board Chairman Harish Manwani thanked the Foundation for its gesture of generosity. He said that the grant would assist ISB in creating more world-class business leaders and in contributing to India's growth as a nation.
Taking a Step towards a Brighter Tomorrow
This step by ISB and the Motilal Oswal Foundation is a significant move toward enhancing business education in India. The executive centre will be the ideal environment for learning, leadership, and innovation spearheading professionals to meet the challenges of the global business landscape.