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Session on: Partnering for Higher & Technical Education at the 7th IACC Indo-US Economic Summit

(L-R) Ms. Vibha Sharma, Director, Office of U.S.-India Higher Education Cooperation, United States – India Educational Foundation (USIEF); Ms. Randy L. Allen, Associate Dean for International and Corporate Relations Samuel Curtis Johnson Graduate School of Management, Cornell University; Dr. Kavita A. Sharma, Chairperson, IACC Indo-US Education Forum & Director, India International Centre; Ms. Vibha Puri Das, Secretary – Higher Education, Ministry of Human Resource Development, Government of India;
Ms. Savita Mahajan, Deputy Dean and CEO, Mohali Campus Indian School of Business, Hyderabad; Mr. D Rajagopalan, Director – Operations, Illinois Institute of Technology (India) Pvt. Ltd; Mr. Atul Sharma, Managing Partner, Link Legal
Education is of essence for India as around 550 million of Indian population is in age group of 18 to 35; there is a need of large educated workforce; and in turn there is a huge potential to enhance the capability of Indian education sector. There is an urgent need to reform the education sector of India and bring our education sector at par with the best practices of the world and this be achieved by influx of Information Technology based teaching methodology.
A major recent development in this regard is the inauguration of Illinois Institute of Technology (India), a subsidiary of Illinois Institute of Technology, USA. With the emergence of new technologies in the IT domain, advancements have been made to provide the Programs online. These include distance learning programs, internet streamed videos supplemented by video/audio conference calls.
A McKinsey report has projected India as a future global education hub and has suggested that a foreign Private-Public Partnership model should be promoted to realize this. Foreign partnerships have led the way in this direction. The Cornell University, Ithaca, New York and India have had more than a century old partnership in promoting education reforms.
There are a lot of projects under joint execution of Cornell and India with eminent Indian personalities like Mr. Ratan Tata and Mr. Narayan Murthy serving as board members of some of these projects which includes projects with Indian council for agricultural Research and National Institute of Food Technology. Further, there exists a need for research focus on emerging markets in the curriculum and a need for the importance of an emotional connect for an engaging, vibrant and responsive partnership.
Ambiguities in laws relating to acquisition of land by foreign entities is prohibited in India and acts as a major inhibitor in setting up of Indian campuses of world class foreign universities. Also there is an ambiguity on the front of formation of trusts; societies etc. and such issues should be addressed at the earliest if India intends to become a global destination for world class education

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