Report Highlights India's Potential to Retain $113 Billion via Foreign University Expansion by 2040

A report by Deloitte India and Knight Frank India highlights India's emerging role as a global hub for higher education, driven by the National Education Policy 2020 and rising domestic demand. With a significant gap between student aspirations and elite institutional capacity—such as only 18,000 IIT seats for 54,000 qualified engineering candidates—India could retain up to $113 billion by 2040 by encouraging foreign university presence. Key cities like Delhi NCR, Bengaluru, and Mumbai are identified as prime locations for new academic infrastructure, emphasizing STEM and technology-focused programs.