Higher education abroad not only imparts students with skills and knowledge but also contributes towards a strong economy, writes the co-founder and MD of upGrad
The trend of Indians pursuing higher a significant shift in household income rise.
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India’s journey towards economic prowess and global leadership has long been fuelled by numerous factors, from domestic policy reforms to technological advancements. However, one critical growth driver that is often overlooked is the impact of overseas education. As students increasingly pursue higher education abroad, they not only acquire valuable skills and knowledge but also contribute significantly to India’s economic strength through higher inward foreign remittances. This symbiotic relationship between education abroad and economic empowerment is reshaping India’s position on the global stage.
(This story appears in the 19 April, 2024 issue of Forbes India. To visit our Archives, click here.)