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India is expected to be the fastest growing economy touching a GDP of USD 7.5 trillion by 2030 and one of the youngest nations in the world with a median age of 32. Projections show that our country would require a gross incremental workforce of 250 million by 2030.
FICCI has been playing a proactive role in the Higher Education sector supported by the Higher Education Committee, comprising key representatives from leading Higher Education Institutions/Universities, Industry and the Government.
With over 840 Universities, 51000 and 34.6 million students the Indian HE boasts of having the largest HE system in the world in terms of institutions and second-largest in terms of enrolment. Government has set a target of 30% GER in higher education by 2020, from the current 24.5%.
Indian Higher Education Sector witnesses spending of over Rs 46,200 crore (US$ 6.93 billion) and it is expected to grow at an average annual rate of over 18 % to reach Rs 232,500 crore (US$ 34.87 billion) in next 10 years. However, according to a FICCI estimate, the Indian higher education sector would need up to INR 8,00,000 cr. (USD 133bn) of investment by 2030 to reach 50% GER.
By 2030, with nearly 140 million people in the college going age-group, one in every four graduates in the world will be a product of the Indian Higher Education system.
As a nation of young people, India has been bestowed with a demographic advantage - out of a population of above 1.25 billion of which 672 million i.e. almost 50% are in the age-group 15 to 59 years, which is usually treated as the ‘working age population’.
India is expected to be the fastest growing economy touching a GDP of USD 7.5 trillion by 2030 and one of the youngest nations in the world with a median age of 32. Projections show that our country would require a gross incremental workforce of 250 million by 2030.
The greying developed world is expected to face a skilled talent shortage of approximately 56 million by 2030 and India alone would provide 47 million skilled talent
Private sector plays a huge role and accounts for 64% of the total number of institutions and 62% of enrolment. Over 80% of investment in professional education is done by the private sector.
Team Leader
Rajesh Pankaj
DirectorTimeline
2024
2023
2022
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2008
Jul
Press Release
World to add 100 crore new workers in the workforce in next 20 years; India will have a 25 per cent share: Ved Mani Tiwari, CEO, NSDC
Event
1st FICCI EdTech Conclave
Jun
Nov
Press Release
Industry professionals to mentor higher education faculty; Govt. working on strategy: Secretary, Higher Education, GoI
Event
9th FICCI Higher Education Excellence Awards 2023
Press Release
NITI Aayog preparing vision document for 2047; education to play key role in it: CEO NITI Aayog
Aug
Event
FICCI Higher Education Delegation to Australia
Jul
Event
Workshop on ‘UGC (Academic Collaboration between Indian and Foreign Higher Educational Institutions to offer Twinning, Joint Degree and Dual Degree Programs) Regulations, 2022’
May
Press Release
Industry-Academia collaboration essential for India becoming a world leader: Dr Chintan Vaishnav, Mission Director, Atal Innovation Mission (AIM)
Event
2nd FICCI Industry Academia Conference 2023
'Leveraging Synergies: Industry-Academia Partnership for Education & Research'
Nov
Press Release
Education with technology, sincerity, hard work, and discipline are the key to success: Dr Bhagwat Karad, MoS Finance
Press Release
Multi-disciplinary focus in education key to growth and progress: Amitabh Kant, G20 Sherpa, India
Press Release
Govt committed to transform India into a global education hub: Minister of State for Education Dr Subhas Sarkar
Press Release
Higher Education Institutions can learn from Indian Think Tanks: Sanjay Verma, Secretary (West), Ministry of External Affairs
Mar
Press Release
FICCI announces appointment of Divya Gokulnath, Co-founder, BYJUS as Chair of the FICCI EdTech Taskforce
Sep
Event
FICCI SRMIST Virtual Global Conference on 'Navigating Boundaries in Higher Education : Relooking at Industry-Academia Engagement'
May
Event
PSA-FICCI Event on Innovation & Science @Bharat series - Session 2: AI in Agriculture
Apr
Event
Innovation & Science @ Bharat Series
Feb
Press Release
NEP 2020 going to be the defining feature of the future of education in India: Piyush Goyal
Press Release
The 21st century belongs to the Young India - India poised to become R&D capital: Ramesh Pokhriyal 'Nishank'
Jan
Oct
Sep
Aug
Jul
Press Release
Technology changed the landscape of broadcasting sector, convergence providing new growth opportunities: R S Sharma, Chairman, TRAI
Apr
Dec
Press Release
Allow higher education institutions to invest surplus in alternative asset classes: FICCI
Press Release
Good policy comes from good thinking and rely on aggregates and averages - Chief Economic Advisor
Nov
Press Release
Human touch essential in modern education system - Gurudev Sri Sri Ravi Shankar Ji
Press Release
Hosting foreign students will boost India's soft power: ICCR President Dr Vinay Sahasrabuddhe
Press Release
Ideation, innovation and incubation should be given primacy in our curriculum: President of India Ram Nath Kovind
Sep
Event
Call for Application: 6th FICCI Higher Education Excellence Awards 2019
Jul
Press Release
Industry should design syllabus to resolve unemployment: Parliamentarians
Oct
Press Release
Secretary-Higher Education, MHRD felicitates 13 Educational Institutions and Personalities with 5th FICCI Higher Education Excellence Awards
Press Release
Amitabh Kant outlines 6-point agenda to brand India as the education and research hub of the world
Press Release
Higher Education must prepare students to respond to Industry 4.0 needs: Suresh Prabhu
Mar
Press Release
Graded-autonomy a bold move towards liberalising Higher Eduacation: FICCI
Dec
Press Release
Though the responsibilities lie with all the stakeholders, schools need to be proactive and prepared for risk assessment and mitigation - O P Singh, DG, CISF on safety and security in schools
Nov
Press Release
Govt. finalizing the new national education policy: JS MHRD
Press Release
Focus on learner and university as a driver for creating this ecosystem, backed by technology, in-person guidance & industry-relevant content, vital for leapfrogging to Education 4.0: FICCI-EY report
Aug
Press Release
Nurture creativity and innovation in children for economic and spiritual development of the nation: NBT Chairman
May
Press Release
FICCI to lead Indian Higher Education leaders' delegation to NAFSA, 2017 at Los Angeles, USA; to set up 'StudyinIndia Pavilion'
Apr
Press Release
FICCI ARISE (Alliance for Re-Imagining School Education) advocates creation of progressive policy environment in public and independent schools Govt. of India notifies learning outcomes for each subject in the Right to Education Act: Prakash Javadekar, Union Minister for HRD
Nov
Study
FICCI E Y Report 2016 - Future of Jobs and its implications on Indian Higher Education
Jun
Press Release
New UGC (Institutions Deemed to be University) Regulations, 2016 is a much needed relief to the higher education sector
Feb
Event
The Future of Business Education
Jan
Nov
Press Release
FICCI-EY Index to foster healthy competition & promote collaboration among states in Higher Education to achieve Vision 2030 goals
Press Release
Integrated scholarship & loan portals to help students pursue higher education: Secretary
Jun
Jan
Event
The India Skills and Education Innovation Conference
Nov
Press Release
HRD Minister releases Knowledge Paper at FICCI Higher Education Summit 2014
Press Release
Deepening of the student exchange programme with India on the priority says Ms Nikki Randhawa Haley, Governor of South Carolina, USA
Event
Round table discussion on the theme 'Creating an Innovation Bridge between Industry and Academia' with Dr. Richard Levin, CEO, Coursera and Former President, Yale University
Jun
Mar
Nov
Press Release
Pallam Raju and Shashi Tharoor to address FICCI Higher Education Summit 2013
Aug
Press Release
Right to Education portal launched at FICCI’s Federation House
Nov
Press Release
Planning Commission-FICCI-E&Y report identifies six levers to enhance quality of Indian Higher Education Institutes
Policy
iHigher Education in India: Quest for Excellencee: Recommendations
Oct
Nov
Oct
Event
3rd Leader Speaks Series Lecture
Event
Interactive Session with US Higher Education Mission to India on "India-US Partnership: The Road Map Ahead"
May
Nov
Oct
Mar
Event
Internationalization of R&D and Challenges for IP Development in India
Nov
Event
Luncheon meeting with Prof Richard Levin, President, Yale University, USA on “Education and the Re-emergence of Asia”
Oct
Event
Roundtable with Prof Richard H Brodhead, President, Duke University, USA, on “Finding and Educating Global Talent in the 21st Century”
Aug
Event
Seminar with National Knowledge Commission (NKC) on ‘Building India’s Knowledge Economy: Need for Generational Changes
Jan
Event
Interactive meeting with Prof Alison Richard, Vice Chancellor, University of Cambridge
