Finance
India has invited American universities and educational institutions to open off-shore campuses in India, Prime Minister Narendra Modi said in a statement issued after his recent meeting with US President Donald Trump.
In their joint statement, Modi and Trump said that the leaders have “resolved to strengthen collaborations between the higher education institutions through efforts such as joint/dual degree and twinning programs, establishing joint Centers of Excellence, and setting up of offshore campuses of premier educational institutions of the U.S. in India.”
The joint statement stated that “the more than 300,000 strong Indian student community contributes over $8 billion annually to the US economy and helped create a number of direct and indirect jobs,” adding that “the talent flow and movement of students, researchers, and employees, have mutually benefitted both countries”.
To date, no American university has expressed an interest in establishing a campus in India. Most of the universities that have showed interest are from the UK and Australia.
Source: IE
