Time for the Bear to be Bullish on Indian Higher Education
Time for the Bear to be Bullish on Indian Higher Education Time for the Bear to be Bullish on Indian Higher Education Saravanan M January 30, 2026 Education, Higher Education, Public Policy, World Economy In the late 1950s and early 1960s, four Indian Institutes of Technology (IITs) were established with the support of four countries– the Soviet Union (now the Russian Federation), the United States, the United Kingdom, and Germany. While the latter three are amongst the most favourite higher education destinations of Indian students, along with Canada and Australia, Russia still punches below its weight. However, the current global situation presents an opportune moment for Russia to become a top higher education provider, through a strategic educational partnership with India. Why India? India reclaimed its position as the leading country of origin for international students in 2023–24, overtaking China, which had held the top spot since 2009–10. India had also been the largest source of international students for eight successive years prior to that. Together, India and China account for more than 50 per cent of all international students worldwide. Russia has a total student population of about 4 million, of which international students constitute nearly 8 per cent. A majority of these students come from India, China, and CIS countries. Although Russia maintains cordial relations with both India and China, historically it has shared a comparatively more stable and long-standing partnership with India. Moreover, given China’s growing economic presence and its ambition to develop as a global higher education hub, India emerges as a more strategically favourable partner for Russia across sectors, particularly in higher education. In recent years, Russia has been gaining increasing attention among Indian students. The number of Indian students in the country grew from nearly 20,000 in 2022 to over 31,000 in 2024. In contrast to other major destinations such as the US, the UK, and Canada, where Indian student enrolment has fluctuated due to policy changes and other factors, Russia has experienced continuous and gradual growth in the number of Indian students choosing its universities. Global Context Almost all major economic powers are becoming increasingly protectionist. The Make America Great Again (MAGA) movement in the US has intensified tariff barriers against several countries and tightened visa regulations. Consequently, the US may experience structural shifts in its economy and polity, including the higher education sector. The underlying narrative driving these shifts is the belief that immigrants are taking away jobs meant for Americans. While the quality of higher education is a key driver of student mobility, the prospect of post-graduation employment is an equally crucial determinant. With the current headwinds facing immigrants in the US job market, it is unlikely that the inflow of international students into American universities will continue to grow at the same pace. The Canadian and the UK economies are also facing challenges, with reports of rising unemployment among young immigrant graduates in Canada. Australian higher education is expensive compared to Germany and Russia. Given the prevalent situation, Russia would not find a more favourable period to strengthen the international segment of its higher education system. Untapped Indian Higher Education Space The Indian higher education landscape has undergone drastic changes over the years. From being largely an importer of educational services by sending its students abroad, the country is in the process of internationalising its domestic sector. Internationalising the curriculum is at the core of many Indian universities. Following the 2022 UGC regulations, Indian universities have begun collaborating with foreign universities through joint, twinning, and pathway programs. As per news reports, Deakin University, University of Wollongong, Victoria University, Western Sydney University from Australia; Istituto Europeo di Design from Italy; University of Southampton and University of Liverpool from the UK; and Illinois Institute of Technology from the US have received approval to establish their campuses in India, under 2023 UGC regulations. In the near future, these developments are expected to cater to a segment of Indian students, who would otherwise study abroad. Even for those who seek an overseas campus experience, short-term immersion courses can be designed to ensure foreign experience. The unused potential of India for foreign institutions is humongous, and Russia is well-positioned to leverage it for mutual benefit. Russian Strength Russia is reputed for producing world-class mathematicians, doctors, physicists, chemists and programmers, among others. STEM programs account for 55 per cent of total international enrolments. As Russia already offers a bouquet of STEM programs, including programs in English language, Indian students would find Russia very suitable. The decades-old technological and cultural relationship that India and Russia have will facilitate a stronger educational partnership. Russia already has a strong base with the India-specific plan, like Russian-Indian Network, supported by IIT-Bombay. All it needs to do is scale up and expedite the process. Language may not be a major hindrance, as Indian students also study in Germany, France, Japan, China, Korea, where most programs are not taught in English. Win-Win Partnership Russia has already averred its willingness for “no limits” strategic partnership with India, similar to its existing arrangement with China. When intent is positive, the global situation is conducive, and the Indian policy ecosystem is welcoming, there is every reason to believe that the long-neglected sector of higher education would get the attention it deserves. Strengthening this partnership would not only advance education, research, and innovation, but also enhance the soft power of both nations. Dr.M Saravanan, is specialised in Higher Education and Founder Secretary of the AgaPuram Policy Research Centre, Erode. Views expressed by the author are personal and need not reflect or represent the views of the AgaPuram Policy Research Centre.
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