Drug maker Dr Reddy's Laboratories and the Indian School of Business (ISB) on Thursday signed a memorandum of understanding to set up ‘Dr Reddy’s Cell for Employability and Skilling’ at the ISB.
DRL will provide Rs 10 crore over five years to promote research on affordable, profitable, scalable and replicable skill enhancement models. The new cell would function under the aegis of the Centre for Emerging Markets Solutions, an interdisciplinary research centre working in areas of banking, financial services, retail, healthcare and education.
The partnership would strengthen the efforts of Dr Reddy's Foundation, the CSR arm of DRL, in creating sustainable livelihoods for youth, according to GV Prasad, vice chairman and chief executive officer DRL.
ISB dean Ajit Rangnekar said more such modules would be launched.
