US, Indian universities deepen ties
AFP
NEW DELHI- A leading American university Wednesday announced a tie-up with an Indian business school in a further sign of foreign institutions looking to benefit from India's giant further education market.
The Dallas School of Management at the University of Texas (UT) and India's privately-run Jindal Business School said the collaboration would include exchange programs, research projects and publications.
"In our recent study trip to several Indian conglomerates, we realised that the West, including the US, has a lot to learn from them (India)," said Habte Woldu, a director in the US-based institution.
UT President David Daniel said the project would contribute to a better understanding in the West of India's recent economic progress.
"I look forward to the rewards this partnership will yield for both universities," he added in a statement to AFP.
Premier Manmohan Singh's government in March proposed a draft law to allow foreign universities to set up outpost colleges in India as part of a plan to open up the country's education system.
The law is awaiting approval in the Indian parliament.
Nearly one in three of India's 1.15 billion people is under 14, and Singh has said high educational standards were crucial if rapid economic development was to continue.
Many foreign universities already have links with Indian business schools, and engineering or medical colleges.
India will need up to 1,000 new universities by 2020 if the number of students going on to higher education is to rise from the current 12 percent to 30 percent, the government says.
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UT President David Daniel said the project would contribute to a better understanding in the West of India's recent economic progress.
"I look forward to the rewards this partnership will yield for both universities," he added in a statement to AFP.
Premier Manmohan Singh's government in March proposed a draft law to allow foreign universities to set up outpost colleges in India as part of a plan to open up the country's education system.
The law is awaiting approval in the Indian parliament.
Nearly one in three of India's 1.15 billion people is under 14, and Singh has said high educational standards were crucial if rapid economic development was to continue.
Many foreign universities already have links with Indian business schools, and engineering or medical colleges.
India will need up to 1,000 new universities by 2020 if the number of students going on to higher education is to rise from the current 12 percent to 30 percent, the government says.
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