India targeting enrollment of half million foreign students by 2047: NITI Aayog CEO

To achieve the target of the vision document to enroll half a million foreign students in India by 2047, more educational cities will be required to be created.

FICCI-EY knowledge report ‘Transformation of Indian Higher Education: Strategies to leapfrog’, was also released during the inaugural session

NITI Aayog 2047 Draft Document: FICCI-EY knowledge report ‘Transformation of Indian Higher Education: Strategies to leapfrog’, was also released during the 18th FICCI Higher Education Summit (Credit: FICCI)

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India is targeting to enroll half a million foreign students in higher education by 2047. The target was announced by NITI Aayog CEO BVR Subrahmanyam while addressing the 18th FICCI Higher Education Summit. He also said technology will blow up the higher education sector and the universities have to embrace Artificial Intelligence in a big way to stay relevant and competitive.

To attract more foreign students, Subrahmanyam also said that there is a need to create more educational cities in India. He further urged the private sector to further expand the higher education ecosystem in the country and ensure more international students are attracted to India along with encouraging domestic students also to study in India.

“NITI Aayog is preparing a vision document for 2047 and education has a separate role in it. One of the important points in this include 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 improve our rankings which are globally recognised,” he added.

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He also emphasised the need for more innovation in the higher education sector and the need to focus on revamping the educational system so that the students are industry-ready.

Speaking on the youth, Subrahmanyam further stated that students are the future of India and will play a key role during India’s journey in the Amrit Kaal. Universities will invariably play a huge role in developing the right thought process of the students. The Indian universities, higher educational institutions have a period of 25 years to exploit the potential of India’s demographic dividend, he added.

The FICCI-EY knowledge report ‘Transformation of Indian Higher Education: Strategies to leapfrog’, was also released during the inaugural session.