Kunjuppu ji,
It is not software companies like Microsoft, Oracle, Google etc who are investing in India.
Global engineering giants have started opening their R & D centers in India. Two German Auto giants with whom we are associated have announced huge R & D units in India which will serve their global manufacturing units.
Bosch - Robert Bosch India announces its presence in Coimbatore
Daimler to invest Rs 4,400 cr in India; looks for partners- Automobiles-Auto-News By Industry-News-The Economic Times
Their global products will be developed right here in Tamilnadu itself. Several other global engineering giants I can quote where their R & D work is shifted to India.
It is not like software, call centre or Business Process Outsourcing. Simply because Chinese are not well versed in English, we are thriving on Information Technology related products. If Chinese learn English, we may be finished in this field also in no time. Moreover training people who pass out different steams of engineering in software jobs are much easy.
Skill sets required for engineering R & D is totally different and retraining them is not easy. In India the universities are not tied up with the industry. Globally students, particularly at Post Graduate level, take up live projects from industry at university level. When the project is completed, students not only get degree from Universities but also get jobs from the company for continuing the project. Companies also fund universities for the live projects which in turn benefit the student by way of tuition fee waiver, scholarship etc. It is a win win situation for university, companies and the students.
As I mentioned earlier, when Bosch and Daimler Benz open R & D units here, some German Universities which are associated with them will also enter here simultaneously. They have to recruit only Indian students and it will open tremendous opportunity for our student community. Same funding pattern may hold good for these global engineering giants and both universities & students will taste live projects.
Since reservation is not going to apply for such foreign universities, our community stands to gain to the maximum extent.
HRD Minister has already announced that higher education will be regulated and hence foreign universities cannot exploit the students.
I am unable to understand why it is being opposed in this forum
All the best