Foreign Universities’ Campuses in India
21 MAR 2022 3:43PM by PIB Delhi
Ministry of External Affairs has informed that French side has expressed interest in setting up a university campus for higher education courses in India.
Further, Istituto Marangoni (Italy) had expressed interest to establish a foreign, fully independent Higher Education Institute of Fashion and Design in India.
International campuses will give students from India and neighbouring countries exposure to quality education of global standards.
During the Budget speech 2022-23, it has been announced that the World class foreign universities and institutions will be allowed in the GIFT City(1) to offer courses in Financial Management, FinTech, Science, Technology, Engineering and Mathematics free from domestic regulations, except those by IFSCA to facilitate availability of high-end human resources for financial services and technology.
The information was given by the Minister of State for Education, Dr. Subhas Sarkar in a written reply in the Lok Sabha today.
(1) GIFT City is an integrated development on 886 acres of land with 62 mn sq. ft. of Built Up area which includes Office spaces, Residential Apartments, Schools, Hospital, Hotels, Clubs, Retail and various Recreational facilities, which makes this City a truly “Walk to Work” City. GIFT City consist of a conducive Multi-Service SEZ (Special Economic Zone) and an exclusive Domestic Area. GIFT City is a planned business district in Gujarat, India. It is the new business destination offering competitive edge to Financial services and Technology related activities. An integrated development with Walk to Work concept adds immense value to the business activities.[www.giftgujarat.in]