Transnational education, partnerships, edtech and more at the Australia India Business Exchange 2022
30 Sep 2022
In the last week of September 2022, experienced personnel in the global education sector came together to brainstorm the nuances of transnational education (TNE), India’s National Education Policy (NEP) and many other aspects of the India-Australia education partnership.
These deliberations were part of the Australia India Business Exchange (AIBX) 2022 Business Mission - the Australian Government’s flagship program to increase trade and investment links with India.
The first event, hosted by the education sector for their clients and customers, was held in Mumbai where Dr Monica Kennedy, Senior Trade and Investment Commissioner, Austrade South Asia briefed education delegates on macro-trends in the education sector. Dr Kennedy went on to highlight the key opportunities emanating from the National Education policy, TNE, edtech, recruitment, vocational education and investment.
Dr Kennedy was joined by Mr Padmanabh Sinha, ED & CIO Private Equity of National Investment, and Infrastructure Fund (NIIF). Mr Sinha discussed the priorities of NIIF and its focus on the education sector.
The dedicated session on TNE partnerships focussed on exploring new business and partnership models for Australian institutions and set the context for further collaboration. Australian providers and Indian customers jointly brainstormed opportunities and challenges for their partnerships and breakout groups were formed to discuss how to optimise the TNE experience for all stakeholders.
The delegation then visited the ATLAS Skilltech University to discuss growth trends in India’s edtech industry as well as UpGrad’s business model – an online education platform with partnership opportunities for both Australian providers and edtech companies.
The AIBX mission’s education delegation then travelled to New Delhi where Dr Kennedy introduced the audience to an engaging panel featuring Mr Mathew Johnston, Minister-Counsellor (Education and Research), Australian High Commission and Dr Shalia Shah (IFS), Deputy Secretary, Ministry of Education, Government of India. The panel discussed the National Education Policy that was recently implemented by the Indian Government. There was an abundance of questions and interest peaked as experts spoke about the various policy interventions through the NEP, which has opened various opportunities for foreign institutions to engage in India and deliver a positive impact.
In Bengaluru, the delegation had the opportunity to meet like-minded businesses from India and explore opportunities for collaboration. A networking event and formal dinner followed. One of Austrade’s clients was very pleased with the opportunity AIBX presented for him stating “The entire event is going very well. Everything is so seamless, and we have been able to have some meaningful discussions and fruitful meetings”.
As of 28 September, there are still two more days of the AIBX mission ahead and further opportunities to achieve the mission’s objectives – to build more connections, help people achieve their business goals and to make each AIBX mission more successful than the last.
To learn more about the AIBX business mission, please contact Farheen Hussain, Austrade Mumbai