Potential
Huge potential forforeign universities to enter India:
Academics now means big business and India's education market is on the verge of a boom. Realising the huge market potential, foreign institutes are entering into partnerships with Indian institutes or companies:
- Purdue University (USA) has signed an agreement with the Department of Science and Technology to establish research collaborations and exchange programmes for researchers, students and faculty.
- The collaboration between the London Metropolitan University (LondonMet) and Chennai-based Loyola College for undergraduate and post-graduate programmes .
- The world's first collegiate business school, Wharton Business School at the University of Pennsylvania, is looking at a campus in India to provide both non-executive MBA and executive MBA programmes.
- Sunshine, SatNav Group's preschool and daycare chain has a strategic partnership with the Centre for British Teachers Education Trust (CfBT) of the UK through its Indian arm, CfBT Education Services.
- The University of Western Australia tied up with Indian Institute of Technology (IIT)--Madras and Delhi--for an exchange programme for staff, students and research and is in talks with IIT (Powai).
- Oxford University, the oldest varsity in the English speaking world, plans to set up its first business research centre outside the UK, in India, to study the sub-continent nation's rapidly expanding economy.
- Trieste-based Universita del Caffe, which annually trains 2,000 professionals in the hotel and hospitality sector will start a full-time course in Bangalore--the coffee-growing and consuming capital of India.
- The University of Adelaide, Australia, will soon set up India's first wine institute at Narayangaon, 80 km from Pune, Maharashtra, in association with India's largest wine-making company, Champagne Indage. The Indian Institute of Vine and Wine and will be set up on a 100 acre land with an investment of US$ 23.3 million.
- Reliance will set up a school of geophysicists in Hyderabad in association with Oil and Natural Gas Corporation in view of growing demand for skilled manpower in the oil and natural gas exploration sector.