This step aligns with the vision of National Education Policy (NEP) 2020, which emphasizes the internationalisation of higher education in India and the creation of global learning hubs.
- IIFT, a deemed to be university, was established in 1963 as an autonomous body under the Ministry of Commerce & Industry to contribute in the skill building for the external trade sector of India.
About Internationalization of Higher Education in India
- NEP, 2020 envisages two ways:
- Indian Higher Education Institutions (HEIs) set up campuses abroad. E.g., IIT Madras has opened a campus in Tanzania.
- Foreign HEIs set up campuses in India. E.g. Deakin University (from Australia) has opened its first campus in GIFT City, Gujarat.
Significance of Internationalization of HEIs for India
- Quality of Education & Research: Global collaborations boost research collaboration, patent applications and academic standards via faculty exchange and increased funding.
- Saving and earning foreign exchange: As in 2022, nearly 1.3 million Indian students were studying in the USA, Canada, Australia, etc.
- Employability with Future Skills: Cross-cultural skills and global certifications prepare students for high-demand careers.
- Soft Power: Showcasing India’s heritage enhances cultural influence and diplomacy.
Challenges in Internationalization of HEIs
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