New Delhi, Mar 21 (PTI) Institutions from France and Italy have expressed interest in setting up institutes in India, the government said on Monday.

In a written reply in Lok Sabha, Minister of State for Education, Subhas Sarkar said "the Ministry of External Affairs has informed that the French side has expressed interest in setting up a university campus for higher education courses in India."

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"Further, Istituto Marangoni (Italy) had expressed interest to establish a foreign, fully-independent Higher Education Institute of Fashion and Design in India," he said in the reply.

He said international campuses will give students from India and neighbouring countries exposure to quality education of global standards.

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During the Budget speech 2022-23, it had been announced that foreign universities and institutions will be allowed in the Gujarat International Finance Tec-city (GIFT) in Gandhinagar to offer courses in Financial Management, FinTech, Science, Technology, Engineering and Mathematics free from domestic regulations, except those by International Financial Services Centres Authority (IFSCA) to facilitate availability of high-end human resources for financial services and technology, he said.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)