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OXFORD
TO SET-UP BUSINESS RESEARCH CENTRE IN INDIA
New Delhi, January 21, 2008 (IANS)
Oxford
University has reached an agreement with Hindustan Construction
Co (HCC) to set up a business research centre in Maharashtra and
offer executive courses to working professionals. The institute,
christened Oxford University Business Research Centre, would start
functioning from 2009, John A. Hood, vice-chancellor of the 900-year-old
varsity, said here.
"This
is a first of a kind project by Oxford. We have no such centre anywhere
in the world and I think the agreement is historic for our university,"
Hood told reporters. "The centre will do a lot of business
related research and develop case studies for use in both Oxford
and India. The economic growth, successful business ventures and
an ever growing IT sector in India needs to be closely observed
and this centre will try to achieve that," he said.
Hood
is currently in India as part of British Prime Minister Gordon Brown's
high-level delegation. Ajit Gulabchand, chairman and managing director
of HCC said that the institute would be set up at the company's
upcoming Lavasa hill station, an hour's drive from Pune.
"The
centre will be under the guidance of SAID Business School of Oxford.
It will do research on Indian business and make efforts to develop
a global understanding for better future," Gulabchand said.
Hood
said Oxford would also give executive courses to working professionals.
"The
courses would vary from one day to four weeks in duration. Both
Indian professionals and foreigners working here would be eligible
to study there. Professionals from government, private and non-government
organisations can pursue executive programmes here," he said.
The
professor said Britain and Oxford have historical relations with
India. Currently there are 260 Indian students studying at Oxford.
"We have a lot of valuable manuscripts, collection of art and
artefacts and certainly scholars from India are of immense importance
to us," Hood told IANS. "We want to learn from India."
Roy
Westerbrook, dean of development at the SAID Business School, said:
"We will conduct a survey on the needs of Indian working professionals.
We will talk to Indian and foreign business leaders and develop
case studies. The world must know India better."
When
asked on the total investment in the project, Gulabchand said: "It
will be huge. I can tell you, apart from executive courses, we may
offer other courses in due course of time."
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