During the 18th FICCI Higher Education Summit, BVR Subrahmanyam, CEO of NITI Aayog, made a ground-breaking speech outlining India’s ambitious plan to bring in half a million international students by 2047.
In his keynote address, Subrahmanyam emphasised that education will play a critical role in NITI Aayog’s upcoming 2047 vision document. He outlined India’s goal to become a global centre for education by improving brand value, raising quality, and achieving higher international rankings.
“Education is a key component of our vision for 2047. By then, we hope to have enrolled half a million international students in India. “Reaching this goal requires raising our educational bar, improving brand awareness, and obtaining the highest possible worldwide rankings,” he stated, according to the sources.
A DEMAND FOR EXPANSION
The CEO emphasised the pressing need to create additional education cities throughout India. In order to strengthen the ecosystem of higher education, he emphasised the significance of cooperation between the public and private sectors.
In addition, he exhorted the private sector to encourage local students to pursue education domestically while simultaneously increasing educational opportunities and drawing in foreign students.
“To achieve this goal, the higher education sector needs to adopt creative strategies. Subrahmanyam stated, “Our main goal should be to restructure the educational system so that students graduate with skills that are ready for the workforce.
Furthermore, Subrahmanyam emphasised the critical role that technology has played in transforming higher education, emphasising the necessity for colleges to widely implement artificial intelligence (AI) in order to stay competitive and relevant in the ever-changing environment.
“The Indian higher education system is about to undergo a technological revolution. To remain competitive, universities need to embrace AI completely, he claimed.
Universities will surely be essential in helping students develop the proper mindset. With optimism, he continued, “Indian educational institutions have a chance to capitalise on the demographic dividend of India over the next 25 years.
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