By 2047, India hopes to have half a million international students enrolled in its higher education system. BVR Subrahmanyam, the CEO of NITI Aayog, revealed the goal during his speech at the 18th FICCI Higher Education Summit. Additionally, he predicted that technology would completely transform the higher education market and that, in order for colleges to remain competitive and relevant, they must fully embrace artificial intelligence.
Subrahmanyam added that more educational cities must be established in India in order to draw in more international students. He also urged the private sector to ensure that more international students are drawn to India and that domestic students are encouraged to study there, as well as to further develop the country’s higher education ecosystem.
NITI Aayog is working on a vision document for 2047, and one of its components is education. One of the salient points of this is that our goal is to enroll 500,000 international students in India by the year 2047. We should raise our brand value, quality, and internationally recognized rankings to become the world’s leading provider of education, he continued.
Additionally, he emphasized the need for increased innovation in the field of higher education as well as the necessity of refocusing on reforming the curriculum to prepare students for the workforce.
Speaking about youth, Subrahmanyam went on to say that students will be crucial to India’s progress toward the Amrit Kaal because they are the country’s future. Universities will always have a significant impact on students’ ability to develop sound thought processes. He further stated that Indian universities and other higher education establishments have 25 years to fully utilize the demographic dividend of India.
During the inaugural session, the FICCI-EY knowledge report “Transformation of Indian Higher Education: Strategies to leapfrog” was also made available.