India (Commonwealth Union)_ India has set an ambitious goal of enrolling half a million foreign students in its higher education institutions by the year 2047, as announced by NITI Aayog CEO BVR Subrahmanyam at the 18th FICCI Higher Education Summit. Recognizing the transformative impact of technology on the higher education sector, Subrahmanyam emphasized the necessity for universities to embrace Artificial Intelligence extensively to remain relevant and competitive.
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To attract a more diverse international student population, Subrahmanyam underscored the importance of establishing additional educational cities in India. He encouraged the private sector to contribute to the expansion of the country’s higher education ecosystem, emphasizing the significance of attracting both international and domestic students to study in India.
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As part of NITI Aayog’s vision document for 2047, Subrahmanyam outlined the goal of becoming a global education provider by enhancing quality, brand value, and global rankings. He stressed the crucial role of innovation in higher education and the necessity to overhaul the educational system to ensure that students are well-prepared for the industry. He stated, “NITI Aayog is preparing a vision document for 2047, and education has a separate role in it. One of the important points in this is that by 2047, we aim to target half a million foreign students in India. We should become the global provider of education by improving our quality, brand value, and rankings, which are globally recognized”.
Highlighting the pivotal role of students in India’s future, Subrahmanyam emphasized that they would play a significant role during India’s journey in the Amrit Kaal. He noted that universities have a substantial 25-year window to leverage the potential of India’s demographic dividend in shaping the right thought processes among students. The inaugural session also witnessed the release of the FICCI-EY knowledge report titled ‘Transformation of Indian Higher Education: Strategies to leapfrog.’ The report contributes insights and strategies to navigate the transformation of higher education in India.
