“By the time you create the infrastructure for building a campus, one would have to charge money to break even, which could be more than what the Indian market is accustomed to,” he said.
This, he said, could become a real struggle for foreign universities to make education accessible to many in India.
The varsity’s pause in plans comes at a time when the Centre has been tapping American universities for entry into India’s higher education as part of the National Education Policy (NEP) 2020.
While at least 10–12 foreign higher educational institutes (HEIs) have received letters of intent (LoIs) from the Centre, only one of them, the Illinois Institute of Technology, is based in the US. Roberts had said in earlier interactions with media that the campus could see investments ranging between $5–10 million.