February 9, 2016: The Indian School of Business (ISB), has received funding from D’Décor Home Fabrics Pvt. Ltd, the world’s largest producer of curtain and upholstery fabrics, to offer need-based tuition waivers to students of the flagship Post Graduate Programme (PGP). To be called the ‘D’Décor Tuition Waiver’, the funding will be spread over a period of five years commencing immediately and support five students every year for part waiver of their tuition fees.  

 

An agreement to this effect was signed by Nikita Desai, Vice President, Strategy & New Business, D’décor Home Fabrics and Sanjay Singh, Director - Office of Development, ISB, in the presence of Ajay Arora, Managing Director, D’Decor Home Fabrics and Professor Rajendra Srivastava, Dean, ISB.   

 

Professor Rajendra Srivastava, Dean, ISB said, “We are appreciative of the support from D’Décor which will allow us to support bright and deserving students who are in need. As a management education institution, our vision is to make available the most talented pool for the industry in India and abroad. This kind of industry support will go a long way in attracting and nurturing the best of minds for positive impact on industry and businesses in the years to come.”

 

ISB is keen to strengthen its ties and work more closely with the industry through various initiatives that will allow the faculty and students to engage with them frequently and create opportunities for industry to be a part of the learning process at ISB, he added.

  

Mr. Ajay Arora, Managing Director, D’Decor Home Fabrics, said, “ISB has significantly improved the quality of business education in India. These students will impact the future of India. D’Decor has complete understanding that higher education has a cost which can truly be funded by those whose lives have been transformed by the success achieved by acquiring the right education and values.”

 

D’Décor is associated with the ISB as a regular recruiter over the last six years. The diverse student body at ISB offers a multi-talented and skilled pool for recruitment for several industries. Tuition waivers and scholarships are offered to deserving students who meet merit and need criteria.  

ISB is the result of collaboration between committed individuals, corporates and academics and funded entirely by people and institutions from around the world, who believe in its vision. It works closely with several entities to raise funds to support its research and education initiatives.   The School is a nonprofit institution and operates on an endowment and services model. 

 

 

The Indian School of Business (ISB) is a global Business school offering world-class management education across its two campuses – Hyderabad and Mohali. The School has grown at a rapid pace since its inception and already has several notable accomplishments to its credit – it is the youngest school ever to consistently rank among the top Global MBA programmes, the first institution in South Asia to receive the prestigious AACSB accreditation, one of the largest providers of Executive Education in Asia, and the most research productive Indian management institution. A vibrant pool of research-oriented resident faculty, strong academic associations with leading global B-schools and the backing of an influential Board, have helped the ISB fast emerge as a premier global Business school in the emerging markets. For more details visit www.isb.edu

 

D’Decor is the largest producer of curtains and upholstery fabrics in the world. In the period from 1999 – 2014, D’Decor has had exponential growth. Its turnover has increased multi fold from $8 million to $250 million and today D'Decor exports fabric to 65 countries worldwide. 

 

D'Decor believes in continuous pursuit of excellence in performance, quality and innovation. As a company, D’Decor has accomplished many firsts in the Indian furnishing fabric business. They were the first to introduce water-repellent fabric, flame-retardant fabrics and also to have the first robotic warehouse in India.  D’Decor is a proud employer with a family of more than 4000 committed employees. After proving their excellence in the international market, they are now focused on the Indian growth story. In India, D'Decor is endorsed by none other than Bollywood superstar Shahrukh Khan and his wife, Gauri Khan. For more details visit www.ddecor.com

 

 

C. Chitti Pantulu | Meghana Bangalore

Indian School of Business | Adfactors PR, Mumbai

+91 40 2318 7439 | +91 9819120245

 chitti_pantulu@isb.edu | meghana.bangalore@adfactorspr.com