Published Paper Details:

As the fastest-growing economies in the world, the requirements of the Indian higher education system have to be reformed to meet the demands of a knowledge economy. This paper delineates the possible challenges and opportunities in higher education in India with regard to skill enhancement, digitalization, convergence between industry and academia and policy enablement. The paper indicates potential inputs such as the National Education Policy (NEP) 2020, digital learning platforms and innovation driven by research for a clear indication of higher education's value in economic growth and global competitiveness. Discussions about several opportunities also include global best practices for replication by India in fast-tracking its transformation into a knowledge economy. The potential of becoming a global knowledge hub largely exists for India owing to its demographic dividend and growing digital infrastructure. Traditionally, those aspects to be looked upon include outdated curricula, limited exposure to industries and not-so-great research ecosystems (Agarwal, 2019). Higher education systems must be flexible enough to offer skill development, innovations and research. Hence, a responsive higher education system is essential in driving the economy with knowledge.