India Lab provides students with an incredible opportunity to learn about India's economy by working closely with Indian companies to solve their most pressing business challenges. Students partner with companies from a wide variety of industries, including:
India Lab combines traditional classroom learning with intensive real-world experience, providing students with a singular opportunity to hone their business skills in an international setting. Through a four-month project, students work with host companies to help fix their most pressing business problems. Each India Lab team is composed of four MIT students, typically MIT Sloan MBAs, who have a wide range of backgrounds and expertise. Team projects kick off in early February and culminate in an intensive, two-week on-site work period at the host companies' offices during the second half of March. Following a five-week remote work period focused on research, data, and analysis, teams formally present their conclusions to host companies’ senior management in early May, including written reports, recommendations and data detailing their analyses. Host company executives may choose to travel to MIT Sloan in May for an in-person presentation and consultation.
India Lab teams have developed internationalization strategies, new market entry analyses, domestic and foreign capital-raising strategies, sales and marketing strategies, organizational structure plans, commercialization recommendations, and competitive landscape assessments.
For a look at a case study based on a project with a company that has hosted an Action Learning project in India, please view the Biocon case on the MIT Sloan Learning Edge website.
Being a host organization for India Lab is an exciting opportunity to work with MIT Sloan students on significant business challenges in a wide variety of industries. Collaborating with a student teams allows companies to:
Explore an opportunity that does not fit easily into the day-to-day work flow of current employees, and requires creative, long-term thinking.
Provide a new perspective on the host's strategic thinking or organizational model.
Analyze the implications of new global technology or market trends for an existing business.
Assess whether global expansion is necessary or valuable given the host's assets and capabilities.