Coinciding with the ISB Insights Forum 2025, the Indian School of Business (ISB) today presented the ISB Research Catalyst Award to Azim Premji, Founder Chairman, Wipro Ltd., in recognition of his outstanding contributions to India’s research ecosystem. The ISB Research Catalyst Award recognises individuals whose vision, generosity, and commitment have significantly strengthened the nation’s knowledge ecosystem, enabled cutting-edge inquiry, and inspired a culture of evidence-based problem-solving for societal progress.  

The third edition of ISB’s Insights Forum convened at the Mohali campus, where leaders from academia, industry, government, and philanthropy engaged in discussions aimed at creating actionable research agendas and addressing critical issues facing India and the global community. The annual Forum provides a platform to highlight research that is shaping management thinking and to strengthen collaboration between researchers and industry practitioners. 

Professor Karthik Muralidharan, Tata Chancellor's Professor of Economics, University of California, San Diego, in his inaugural address, highlighted groundbreaking research insights on accelerating India's development trajectory. According to him, evidence-based approaches coupled with technology can unlock India's immense potential, particularly in agricultural development, education and public finance. He emphasised that governments need to recognise the private sector as an ally rather than competition, partnering with private providers to improve service delivery. Professor Muralidharan stressed that high-quality research drives transformative policy changes, with data-driven interventions yielding returns ten times higher than simply increasing budgets. He concluded that systematic evidence gathering provides the foundation for designing policies that can dramatically shift India's development curve, creating both equity and efficiency gains. 

Professor Madan Pillutla, Dean, ISB, explained that the Forum was born out of a critical need to bridge the gap in the dissemination of academic research in policy and industry circles. He also expressed delight at the Forum’s remarkable growth and the rising level of participation. The Dean highlighted his vision for the Forum to serve as a platform that enables actionable dialogue between academics, policymakers, and corporates, fostering the partnerships India needs to drive positive change and achieve large-scale impact. 

Professor Sarang Deo, Deputy Dean, Faculty and Research, and Executive Director, Max Institute of Healthcare Management (MIHM), ISB, encouraged participants to explore topics beyond their daily expertise, noting that research is fundamentally about learning with an open mind. He suggested participants should reflect on three key outcomes: discovering something interesting they didn't know, having a belief overturned by evidence, and developing new questions to explore. Professor Deo highlighted that the Forum represents the beginning of an ongoing journey of inquiry and discovery.