Bangalore: MIT Sloan and Hyderabad-based Indian School of Business are entering into a partnership to facilitate exchange programs of both professors and students between the two institutions. This starts a new era in MIT Sloan's history which is heading to India for collaborations with B-Schools here. S. P. Kothari, Deputy Dean, MIT Sloan said, "India was a gaping hole that existed in our strategy". The deal was fixed in early April. As per the deal, ISB will send up to two professors a year to teach at MIT and two to four Sloan professors will teach at ISB, Kothari added. The exchange program will also allow professors to conduct research abroad. This will also increase acquaintance among faculties of the schools, helping them bring a greater understanding of international business to their home institutions. Sloan students will arrive in India in teams of up to six. They will mostly be graduate students. Kothari further said that Sloan professors will also help ISB start institutes dedicated to manufacturing and infrastructure management. MIT and ISB will also involve in organizing an annual conference that would focus on manufacturing or infrastructure management.