India has a lot of universities...8500 to be exact, but many do not meet international standards.
Few Indian universities are in the top 100 world ranking.
Inviting foreign entities to open universities is not the solution, however.
On the other hand GREAT self respecting nations don't allow MANY foreign entities to open universities in their country.
Even Not so GREAT nations do not allow foreign entities to open universities in their country.
An university is a sensitive strategic place where the future leaders, captains of industry and visionaries of the nation are nurtured.
Its is bad enough that many of these future talented individuals are poached by rich countries, never to return. It is worse if these very same rich nations set up a more efficient means of poaching the brightest and the best from India.
India was the first nation in the world to set up universities in the true modern senses:
The schools at Nalanda, Pusphagiri, Takshila and Vikramshila were some of the primary institutions of higher learning in ancient India. WIKIPEDIA
Educate in India: Narendra Modi government to tout India as Asia’s education hub
The Narendra Modi government has dusted off its predecessor UPA's plan to allow foreign universities to set up campuses in India, seemingly reversing the ruling BJP's earlier stance on the Foreign Educational Institutions Bill. The government is keen to revive this bill, which allows foreign universities to set up campuses in India.
In a strategy paper shared with the ministries of external affairs and human resource development, and NITI Aayog last month, the commerce ministry argued in favour of "internationalisation" of Indian education to earn more foreign exchange and create an 'Educated in India' brand.
"There is a huge opportunity for foreign institutions to set up campuses in India. Foreign universities along with good quality Indian institutions will attract students and promote India as a hub in Asia for quality higher education and thus increase India's export of education services," says the proposal, a copy of which was seen by ET.
The strategy paper was shared as a "follow-up" to a meeting held at the commerce ministry on January 12. "Global trade in higher education is a growing sector. We have a number of strengths including cost advantage and good number of English speaking professionals. Our geographical location makes India a viable destination for Asian students," said a government official familiar with the discussions. There is at present no legal and regulatory framework to allow foreign universities to set up campuses in India.
The commerce ministry wants the department of higher education under the HRD ministry to ensure "early passage" of the bill, albeit with a few changes. "The thrust of the present bill (UPA bill) appears to be regulation of malpractices rather than encouraging foreign universities," the proposal says.