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Government of India’s New Initiative for Indian Diaspora Entrepreneurs and Professionals


Mumbai: Overseas Indian Facilitation Centre (OIFC), a PPP between the Government of India and the Confederation of Indian Industry (CII), has partnered with the Indian School of Business (ISB), a top ranked global B School, to launch the ‘OIFC-ISB India Fellows Programme’, a programme designed for the young Indian Diaspora business owners and professionals in decision making capacity, to familiarise them with doing business in India.

Offered under the OIFC’s India Connect Initiatives, the OIFC-ISB India Fellows Programme aims to familiarise and encourage the young Indian Diaspora to view India as an economically attractive destination. The programme offers a tailor made opportunity to gain an understanding of aspects critical to gaining market entry into India; practical insights about doing business in  India, understanding the legal and regulatory environment, engagement and networking opportunities with Indian businessmen and an insight into  the innovative and disruptive business models emerging in the world’s fastest growing economy.

The year-long programme led by ISB is offered as a blended model comprising technology aided learning and a specially designed 12-days residential programme in India. The residency will be provide an experiential mix including exposure to the touch and feel of the Indian market, connect with senior government officials dealing with investment policies, domain experts, captains of the Indian industry and a curated networking opportunity with potential business partners.  The Fellows will spend their residential learning stint at ISB’s campuses in Hyderabad and Mohali, and at Delhi.

Programme details and benefits:

The OIFC-ISB India Fellows Programme is open to young Indian Diaspora entrepreneurs/professionals in decision-making capacity/potential investors and international partners of Indian companies (21-39 years of age); with minimum of three years of entrepreneurial/business experience. The programme will be taught by globally renowned faculty from ISB along with experienced industry and government practitioners.

Scheduled to begin in June 2016, the programme is being offered at a special introductory fee of US $5,000 per participant plus service tax. Fee includes boarding and lodging, programme-related learning material, field visits and webinars. Participants will have to bear the cost of travel and local conveyance.

Selected candidates who complete the programme will become members of the OIFC India Entrepreneurship Fellows (OIEF) Club, which will receive support and facilitation from OIFC in doing business in India.

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