Harvard plans R&D centre in India

By siliconindia staff writer   |   Tuesday, 30 March 2004, 20:30 IST
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PUNE: The mother of all business schools will soon be in India. Well, almost. The world's most sought-after business school has decided to open a new research centre in India, to help develop case studies to train the global managers of tomorrow, reports Economic Times. While a final decision is yet to be reached, it is learnt that the centre will be located either in the country's business capital Mumbai, or IT capital Bangalore. When the centre opens, it will be Harvard Business School's (HBS) fourth international research centre. The first was opened in Hongkong, the second in Buenes Aires. The third was opened in Tokyo just two years ago. Why India? It was logical, said Prof Warren McFarlan, senior associate dean of HBS and the man who started teaching HBS' first course in IT management back in 1962. "India is not just about IT or business process outsourcing. We see it as an incubator for giant global corporations driven by IT strategy."