Archives February 2025

Gensol Engineering Secures Rs 350 Cr Strategic Deal for Scorpius Trackers’ US Arm

Gensol Engineering

Mumbai, February 25, 2025: Gensol Engineering Limited (BSE: 542851, NSE: GENSOL), a leading player in India’s renewable energy sector, has signed a non-binding Term Sheet for an INR 350 crore strategic transaction involving the sale of its US subsidiary, Scorpius Trackers Inc., to a major Renewable Energy Solutions provider in the US. The deal includes the transfer of exclusive and global Intellectual Property (IP) rights (except India) for Scorpius Trackers’ advanced solar tracking technology.

This transaction underscores Gensol’s strategy to monetize high-value assets, unlock capital from its subsidiaries, and reinvest in its core growth areas, strengthening the company’s financial position. The deal will be completed in two tranches, with full closure expected by March 2026, subject to due diligence, customary approvals, and closing conditions.

The proceeds from this transaction will be strategically redeployed to expand Scorpius Trackers’ operations in India, fuel solar EPC business growth, and support Gensol’s broader clean energy initiatives. This reinvestment aligns with the company’s long-term vision to enhance cash flow and strengthen the balance sheet, ensuring sustained value creation for shareholders.

Anmol Jaggi, Chairman & Managing Director, Gensol Engineering Limited. “This deal is a testament to the inherent value within Gensol’s subsidiaries and the strength of our innovation-driven approach. The monetization of Scorpius Trackers’ US business enables us to reinvest in high-growth opportunities in India while strengthening our financial position. This marks a significant milestone in our journey to enhance shareholder value and accelerate our leadership in renewable energy.”

While the deal transfers global IP rights (excluding India) to the US entity, Scorpius Trackers Pvt. Ltd., India, remains a wholly owned subsidiary of Gensol Engineering, continuing to focus on the Indian market. Scorpius India will retain its IP for Indian projects, ensuring continued innovation and market leadership in one of the world’s fastest-growing solar markets.

Shailesh Vaidya, CEO, of Scorpius Trackers, added, “This agreement positions Scorpius Trackers for rapid growth in the US market while allowing us to retain our market focus in India. The partnership will strengthen our technology presence globally and enable us to capitalize on the immense growth potential in India’s solar sector.”

Gensol Engineering’s strategic approach to subsidiary monetization reinforces its capital-efficient growth strategy, ensuring value realization from high-potential assets. With a diversified portfolio spanning solar EPC, tracker technology, electric mobility, and energy storage, Gensol remains committed to scaling operations, enhancing profitability, and driving long-term shareholder returns.

Aakash Aath Launches Prothom Kodom Phool – A New Series In Sahityer Shera Somoy

-Achintyakumar Sengupta’s Acclaimed Literary Work To Be Televised For The First Time –

Kolkata, 25th February 2025: Aakash Aath, one of Bengal’s leading General Entertainment Channels (GEC), has launched the 9th series, Prothom Kodom Phool, in their popular television show, Sahityer Shera Somoy. Prothom Kadam Phool is a famous literary work of celebrated novelist, Achintyakumar Sengupta and the series is on air from 17th February 2025.

The story of Prothom Kodom Phool is based in the era of 1970 when the modernism hit transformation was slowly gripping the society imparting revolutionary changes in the life and ways of people. The novel is an impressive anecdote of two young hearts tied closely with infinite affection and the fanciful dreams that they slowly nurture.

“Though written a decade ago, Prothom Kodom Phool was quite ahead of its times in context and still has a deep significance. This literary masterpiece has been earlier brought on the big screen by two legendary artists Soumitra Chattopadhyay and Tanuja. On the television screen, it is for the first time Aakash Aath is presenting such an enriched work in Sthe Ahityer Shera Somoy series. Reviving the characters and the pictures of the society of long bygone days is a challenging task for everyone but we hope both Souvik Banerjee and Soumi Banerjee and the entire team of Prothom Kodom Phool under the aegis of Bijoy Jana, will do absolute justice to their respective roles,” said Ms. Priyanka Bardia, Director, Aakash Aath.

The series will narrate the journey of two university students Kakoli and Sukanta, whose love blossoms against societal constraints, culminating in marriage. But as the golden shimmer of romance fades, they confront the weight of responsibilities, societal expectations, and the eternal conflict between personal aspirations and traditional roles.

The heart-breaking changes in the phases of their relationship gradually make them realize the real value of compassion and the reality of life’s journey which demands sacrifice and immense strength apart from the mere fantasies of love.

Directed by Bijoy Jana, Prothom Kodom Phool casts actors, Soumi Banerjee as Kakoli, Souvik Banerjee as Sukanta, Debjit Roy as Boren, Purbaasha Roy as Binota, Saurav Pal as Dipankar, Jibesh Bhattacharya as Bonobehari, Dipti Rai as Gayitri, Samajita Bhattacharya as Mrinalini, Samir Charit as Bhupen, Aniee Sen as Bijoya, Abhishek as Hemen, Debasish Mukherjee as Prashant, Puja Sarkar as Bandana, Moumita Panja as Basanti, Santu Biswas as Samir and Pralay Sana as Santu.

Uttishtha 2025 at IIM Kashipur Wraps Up with Great Success

India, February 25, 2025 – The Indian Institute of Management (IIM) Kashipur successfully concluded Uttishtha’25, its flagship entrepreneurship summit, which witnessed two days of engaging discussions, competitions, and startup showcases. Organized in collaboration with FIED, IIM Kashipur and supported by the Ministry of Agriculture and Farmers’ Welfare, Government of India, the event brought together industry leaders, entrepreneurs, investors, and students, fostering an environment of innovation and collaboration.

 The second day of Uttishtha’25 commenced with the Expo Inauguration, where emerging entrepreneurs and industry leaders displayed groundbreaking innovations in Agri-Startups, MSMEs, and FPOs (Farmer Producer Organizations). The Expo served as a vital platform for entrepreneurs to exhibit their business models and interact with potential investors and mentors. Throughout the day, attendees explored cutting-edge innovations across various industries, solidifying Uttishtha’25 as a premier entrepreneurship summit. The event successfully brought together over 15,000 attendees and saw participation from 200+ Agri-Startups, MSMEs, and FPOs (Farmer Producer Organizations) and 2,000+ business schools, making it one of the most impactful entrepreneurship summits in the region. With inspiring success stories, cutting-edge startup showcases, and invaluable networking opportunities, Uttishtha’25 has set a new benchmark in fostering entrepreneurial excellence.

iim

 The event was graced by an esteemed panel of guests, including Dr. Deepak Murari, Joint Director, Directorate of Industries, Uttarakhand; Santosh Kumar Sinha, Deputy General Manager, SIDBI; Dr. Deepak Kumar Pandey, Assistant Director, Higher Education Department, Government of Uttarakhand; Dr. Shyam Kapri, Assistant Dean (Training & Placement), Graphic Era Hill University, Dehradun; Khalid Wani, Founder & Director, KWCG; S.K. Verma, Deputy Director, Technical Education Department, Government of Uttarakhand; Dr. Amit Kumar Dwivedi, Professor & Director – Government Project Department & Regional Director – Northern Regional Office, EDII; Devendra Kumar Agarwal, Chairman, KVS Premier Group; and Pankaj Yadav, Chief General Manager, NABARD.

 The school engagement activities were another key highlight of the day, inspiring young minds to think creatively and develop problem-solving skills. Events such as career counseling, MBA insights sessions, and science fairs introduced students to diverse opportunities in business and entrepreneurship. Enthusiastic participation was seen in drawing, poster-making, essay writing, stick-building, and fancy dress competitions, further encouraging students to showcase their talents and innovative thinking.

 Reflecting on the success of the event, Prof. Safal Batra, Director of FIED at IIM Kashipur, stated, “Uttishtha’25 has once again reinforced IIM Kashipur’s commitment to fostering entrepreneurship and innovation. The overwhelming response from entrepreneurs, students, and industry leaders underscores the growing relevance of startup ecosystems in shaping the future of business. We are proud to provide a platform where ideas transform into actionable business solutions.”

 During the entrepreneurship summit, the atmosphere buzzed with energy during the prize distribution ceremony, where winners of various competitions, including Udaan, Hult Prize, B-Plan, and Social Entrepreneurship competitions, were felicitated. These competitions provided a platform for aspiring entrepreneurs to pitch their ideas and receive valuable feedback from seasoned industry professionals.

DGT & MSDE Partner with Subros to Skill Youth in Automotive Sector

Shri Jayant Chaudhary, Hon'ble Minister of State

New Delhi, February 25, 2025 – The Ministry of Skill Development and Entrepreneurship (MSDE), through the Directorate General of Training (DGT), formalized a Flexi-MoU with Subros Limited, a leading thermal solutions company in India. The exchange ceremony took place in the presence of the Hon’ble Minister, SDE (I/C), marking a significant boost to industry-aligned skilling in the automotive sector.

This Flexi-MoU’s primary objective is to provide youth with industry-aligned skills in the Automotive Air-condition Manufacturing Trade, enhancing their employability while addressing workforce shortages in the automotive and manufacturing sectors. Under the Flexi-MoU, Subros Limited, as the Industry Training Partner (ITP), will identify skill gaps, develop tailored course curricula, provide necessary training infrastructure—including classrooms, workshops, and equipment—and ensure hands-on learning through industry exposure. Additionally, Subros Ltd. will facilitate trainee selection, while DGT will ensure assessments and certification of the candidates. Subros Limited will also ensure placement opportunities for at least 50% of successful candidates. The MoU will provide an opportunity for youth to acquire skills in the automobile and manufacturing industry through a ‘Learn and Earn’ approach consisting of a mix of theoretical and on-the-job training, enhancing their employment potential.

During his address, Shri Jayant Chaudhary, Hon’ble Minister of State (I/C), Ministry of Skill Development and Entrepreneurship (MSDE) and Minister of State, Ministry of Education, Govt of India said, “India is rapidly cementing its position as a global hub for automobile and manufacturing excellence, driven by innovation and a dynamic skilled workforce. To sustain this momentum, MSDE, through DGT, has partnered with Subros Limited under the Flexi MoU Scheme—an initiative designed to equip our youth with future-ready skills. This collaboration will provide hands-on training in automobile air-conditioning, ensuring alignment with evolving industry needs. By fostering such industry-academia partnerships, we are not only bridging the skill gap but also building a workforce that is agile, globally competitive, and prepared for the next phase of industrial transformation. As India advances towards a future shaped by smart manufacturing and sustainable mobility, initiatives like this will be instrumental in driving our skilling revolution and reinforcing our leadership on the global stage.”

Subros Limited, established in 1985 as a joint venture with Denso Corporation and Suzuki Motor Corporation, has grown into a premier manufacturer of automotive air conditioning systems and components. Their extensive infrastructure, coupled with a dedication to research and development, makes them an ideal partner for providing hands-on training and fostering industry best practices.

The Flexi-MoU scheme, designed to strengthen industry connections and impart industry-relevant training, fosters partnerships between industry and training providers to ensure practical, tailored skilling programs aligned with specific workforce requirements. It addresses the skills gap by equipping trainees with the necessary skills for employment and enables industries to customize programs and ensure placement for at least 50% of successful trainees. The scheme supports the Skill India Mission, with this MoU joining 11 other operational MoUs, including those with Maruti Suzuki, NMDC Chhattisgarh, Suzuki Motors, and Toyota Kirloskar Motor Pvt. Ltd. A significant focus is on skilling Agniveers, with DGT committed to this initiative, having already enrolled 1,05,000 and offering 85 NSQF compliant courses.

The Flexi-MoU scheme, revised in June 2024, empowers enterprises to collaborate with DGT to deliver training programs that are closely aligned with industry needs. This flexibility extends to course content, duration, and admission criteria, enabling industries to develop tailored skilling initiatives.

NTPC, EDF to Collaborate on Pumped Storage, Hydro Projects & RE Opportunities

NTPC, EDF to Collaborate on Pumped Storage, Hydro Projects & RE Opportunities

New Delhi, 25 February 2025: NTPC Limited, a Maharatna company of India, and EDF India Private Limited, owned by Électricité de France SA, a French multinational electric utility company owned by the Government of France, have signed a non-binding Term Sheet and collaborated to develop (including construction), own, operate and maintain pumped storage project(s) and/or any other hydropower project(s) or Hydro Project(s) bundled with other Renewable Energy projects and explore opportunities in distribution business.

The agreement was signed by Mr. Federico D’Amico, CEO (EDF India) and Shri J C Kakoti, GM-Hydro Engineering (NTPC) in the presence of Shri Gurdeep Singh, CMD (NTPC), and Mr Luc Rémont, Chairman and CEO (EDF France). The MOU signing ceremony was graced by Shri Pankaj Agarwal, Secretary (Ministry of Power, GOI). Mr. Patrick Charignon, Executive Vice President, APAC (EDF), Shri Goutam Deb, RED-Hydro (NTPC), Ms Sangeeta Kaushik, ED-Corporate Planning (NTPC) and senior officials from NTPC and EDF were also present on the occasion.

After the signing of the term sheet on 23rd February 2025, during Elecrama 2025, NTPC and EDF propose to form a JVC with 50: 50 Partnership after requisite approval from the Government of India.

This JVC will undertake such Project(s) on its own and/or may create JV and Subsidiaries (“Project SPV”) for undertaking such Project(s) within India and neighboring countries. Considering their domain expertise and resources, both NTPC & EDF are poised to contribute significantly to India’s renewable energy landscape, driving innovation and fostering environmental stewardship, and will leverage its expertise for tailormade offers, driving the decarbonization and global performance of electrical systems.

NTPC Ltd. is India’s largest integrated power utility, contributing one-fourth of India’s power requirements, and has an installed capacity of over 77 GW, with an additional capacity of 29.5 GW under construction, including 9.6 GW of renewable energy capacity. The company is committed to achieving 60 GW of renewable energy capacity by 2032.

With a diverse portfolio of thermal, hydro, solar, and wind power plants, NTPC is dedicated to delivering reliable, affordable, and sustainable electricity to the nation. The company is committed to adopting best practices, fostering innovation, and embracing clean energy technologies for a greener future.

Kala for Vidya RCB Empowering these children through education

Kala for Vidya,

Bangalore February 2025: The Rotary Club of Bangalore, is proud to Announce The Inauguration of “Kala for Vidya,” an annual art exhibition cum sale. This esteemed event, initiated in 2005, aims to support the education of underprivileged children at Rotary Bangalore Vidyalaya (RBV).

The news me of this year’s Exhibition is “Ephemeral Permanence, Stories of Nature.” it promises to be a spectacular showcase of art, featuring renowned artists from across India, alongside emerging talent. The event will present a diverse range of art forms, from traditional to contemporary.

Through their works, the artists will delve into the fleeting moments of beauty, the delicate balance of life, and the enduring power of nature.

The Rotary Club of Bangalore has been dedicated to providing quality education, free uniforms, food, and books to 540 children from underprivileged backgrounds at RBV. “Kala for Vidya” is a testament to the club’s commitment to Empowering these deserving children through education.

We invite art enthusiasts and supporters of education to join us in this noble endeavor. Together, let us paint a brighter future for these children.

EventDetails:

Date: March 1st and 2nd 2025 Time: 10.00 AM to 6.00 PM

Venue: ITC Windsor Manor Bengaluru

Viraj Profiles Recognized with EEPC National Award for Outstanding Export Performance 2021-22

viraj

Viraj Profiles Pvt. Ltd., a global leader in stainless steel long products, has been conferred with the National Award for Export Excellence for 2021-22 in the Bright Bar and Miscellaneous product group, Large Enterprise category. Exporting its products to more than 90 countries across the globe, the esteemed award by EEPC India is an acknowledgment to Viraj Profiles’ outstanding export success and commitment to India’s economic development.

The esteemed award recognizes Viraj Profiles’ strong global presence and diverse product portfolio and showcasing it as a Make in India brand that is dedicated to delivering high-quality stainless steel products to customers worldwide. Viraj Profiles has earlier been a recipient of the SEEPZ-SEZ HIGHEST EXPORTER Award among EOU’s in 2010.

The Managing Director of Viraj Profiles, Rakesh Chauhan, spoke about the company’s proud moment, saying, “We dedicate this award to our customers, partners, and employees who have supported us in our journey to excellence.”

The National Award for Export Excellence is a prestigious accolade bestowed by the Government of India to recognize outstanding export performance by engineering goods companies. The award recognizes exporters who have triumphed in the face of a variety of worldwide market challenges.

ABP Network’s Ideas of India 2025 Opens with a Rousing Start

Pico Iyer, Author & Journalist

Mumbai, 25 February 2025: As India navigates global disruptions while striving to achieve its growth objectives on the path to its centennial milestone as an independent nation in 2047, ABP Network, the country’s leading multi-language news network, launched the fourth edition of ABP Network’s Ideas of India 2025 in Mumbai today. The summit opened with a magnificent start, focusing on the global movement toward ‘Humanity’s Next Frontier’, and witnessed the convergence of inspiring ideas from the foremost icons leading the charge to make our nation a ‘force for good’.

In the much-anticipated session, ‘The Earth Flame Searching for Inner Peace’, celebrated Indian author, journalist, and travel writer, Pico Iyer, recounted his life in a catholic hermitage after a fire incident burned down his family home in California.

“The very night I lost everything when my house burned down, I realized I still had the most important things.” Pico Iyer remarked, adding, “I also realized I don’t need 90% of things I accumulated; I can live more minimally.”

Elaborating his learnings from his life at the hermitage, Pico Iyer, said, “Humanity’s last frontier is humanity’s first frontier which is what kind of invisible clarity and calm can we find to make our peace with AI and the other accelerating technologies,”

Elaborating on the importance of stillness in our lives, Pico, highlighted, “This is an idea of India, and it is also an idea from India, because for millennia it is India which has been telling the rest of the world how much we gain by sitting still.”

Referring to observations from His Holiness the Dalai Lama, Pico Iyer remarked, “We can use the most modern technologies by bringing to them the most ancient principles and values.

“The world is accelerating at a furious pace. Humans are never meant to live at a pace determined by machines.” Pico Iyer observes further adding to the conversation, “We are caught in a vicious cycle whereby we are caught in such a hurry that we can’t see what kind of hurry we are in. We ought to do something quite dramatic to cut through to the self-perpetuating predicament.”

Responding to whether the silence he experiences at Benedictine monastery can be compared with the Indian practice of Vipassana, Pico Iyer, explains, “The silence there is similar there to Vipassana, although it’s not as a guided practice. The place I go to has no formal practice, no leaders, no rules, and is essentially free.”

“There’s more substance in silence than in answer to any question”, Pico Iyer said elaborating on his experience. He further added, “Silence is God’s language, everything else is poor translation.”

Referring to his new book, ‘In Aflame: Learning from Silence’, Pico Iyer observes, “Solitude is the gateway to the community. The sentences I hear there [in the hermitage] remain within me for a longer time than what it would on the streets of Mumbai.”

Referring to life during the pandemic, Pico Iyer observed, “COVID-19 forced us into retreat – sifting the trivial from the essential.”

Responding to the impact of AI in modern lives, Pico Iyer said, “I sense that as long as we can keep surprising ourselves, we will be ahead of AI”

Renowned for works such as The Art of Stillness, Autumn Light, The Half-Known Life: In Search of Paradise, The Open Road, and others, Pico Iyer’s perceptive words set a strong, introspective foundation for the day-long intellectual discourse.

The ABP Network’s Ideas of India 2025, centered on the theme ‘Humanity’s Next Frontier’, will convene thought leaders and innovators to explore the challenges and opportunities in India’s ascendance in a rapidly changing world. In the face of climate change, geopolitical conflicts, and technological advancements like AI, the summit delved into India’s role as both an ancient civilization and a demographic powerhouse in shaping the future. The two-day summit brings together a confluence of ideas from global thought leaders, intellectuals, and change-makers, covering transformative possibilities in science, medicine, social contracts, and global leadership, with experts from diverse fields offering bold visions of a better, more sustainable world for all.

Kia Syros crosses 20,000 bookings

Mumbai, February 25, 2025: Kia India, a leading mass-premium carmaker of the country, has made an impressive start to the year with the launch of its highly anticipated Syros SUV. The Syros have already started challenging its peers and have received over 20,163 bookings, reflecting an overwhelming customer response.

Syros also witnessed the customers preference towards the petrol-powered engine with 67% of the total bookings, the remaining 33% customers opted for the diesel engines. The premium appeal of the Syros is evident in the booking preferences, with 46% of buyers inclined towards owning the top variants. Glacier White Pearl emerged as the most preferred colour with 32% bookings followed by Aurora Black Pearl and Frost Blue with 26% and 20% respectively.

kia syros

The pre-booking for the Syros began on January 3, 2025, and the SUV was officially launched on February 1, 2025, at an attractive price range of INR 8.99 lakh to INR 16.99 lakh (ex-showroom) with ADAS features are available at an additional cost of INR 80,000 over and above the price of the top trim.

The Syros is designed to meet the needs of the modern, tech-savvy urban driver, blending versatility with cutting-edge technology. Its bold exterior design, premium, lounge-like interior, and advanced features set a new benchmark in the segment, establishing Syros as a game-changer in the sub-compact SUV category.

Hardeep Singh Brar, Sr. Vice President & National Head Sales & Marketing, said, “We are truly delighted by the exceptional response to the Syros in such a short period. Syros launch was a defining moment in our Kia India journey, underscoring our commitment to redefining automotive excellence. With its cutting-edge technology, bold design, and pioneering features, the Syros represents our relentless pursuit of innovation and customer satisfaction. The significant preference for our HTX & above trims is a testament to the discerning taste of Indian customers, who increasingly seek sophistication, advanced technology, and unparalleled comfort. We are confident that Syros will not only set new benchmarks for the industry but will also become a disruptor in the sub-compact SUV segment.”

Innovative Features and Technology

Kia Syros introduces a range of innovative technologies, including a segment-first Over-the-Air (OTA) software update system. This feature allows automatic updates to 16 vehicle controllers without requiring a dealership visit—typically found in luxury vehicles.

The Syros is equipped with the latest Kia Connect 2.0 system, offering more than 80 features that provide seamless connectivity and intelligent vehicle management. In addition, Kia introduced Kia Connect Diagnosis (KCD), allowing users to remotely assess their vehicle’s health, and Kia Advanced Total Care (KATC), which proactively alerts customers of maintenance needs such as tyre replacements and service reminders for a hassle-free ownership experience.

Safety remains a top priority for 18% of customers opting for HTX+(O) ADAS equipped variant which boast a 20-item Hi-Standard Safety package, featuring 16 autonomous Level-2 ADAS (Advanced Driver Assistance Systems). Other premium features include a 76.2 cm (30”) Trinity Panoramic Display panel, dual-pane panoramic sunroof, 64-color ambient lighting, and first-in-segment rear seat recline, slide, and ventilation. The flexible boot space can also be adjusted as per need, offering enhanced practicality.

Premium Appeal and Customer Demand

Bookings are for higher-end trims, highlighting the strong demand for premium variants. This is a clear indication of the growing preference among Indian consumers for advanced features and high-tech offerings, positioning the Syros as a premium choice for discerning customers.

Innovative Ownership Programs

Kia India is also introducing a range of ownership programs to enhance the customer experience and ensure peace of mind. The My Convenience Secure add-on offers coverage for selected wear-and-tear parts, while the My Convenience program provides tailored maintenance packages based on individual care needs. For more comprehensive protection, My Convenience Plus combines maintenance, extended warranty, and roadside assistance.

Canada Shuts Out International Students—Is This the End of the Dream

By Ms. Ritika Gupta, CEO, Aaera Consultants

In a shocking turn, the Canadian government has laid down new rules limiting the number of international students entering the country. For ages, it has been a guiding light for thousands of aspiring students across the world who wish to pursue higher education and explore career opportunities overseas. But with the latest immigration clampdown, a new question arises: Is this the end of the dreams for many who saw Canada as their gateway to success?

What are these new restrictions?

Canada has declared a significant cutback on student visa approvals. These policies include a limitation on student permits, which would imply fewer international students entering than in previous years.

Some of these policies include:

  •  Limitations on student permissions: limiting the number of new international students allowed, significantly reducing intake numbers as compared to previous years.
  •  Stricter financial requirements, ensure students have enough funds to support themselves independently.
  •  The post-graduation work permit crackdowns present challenges for students’ transition into the workforce after graduation. Available work permits are limited to graduates from specific accredited programs, leaving students attending smaller or private institutions at a disadvantage.
  •  Provincial control over student permits, allows provinces to determine how many students they will admit each year, potentially leading to major discrepancies in availability between regions.
  •  Limits on dependents, restricting international students from bringing family members with them unless they are enrolled in specific advanced degree programs, such as master’s or doctoral studies.
  •  Tighter study-to-work transitions, make it difficult for students to switch from study permits to work permits or permanent residency pathways while still in Canada.

Reason behind this

While international students contribute crucially to the Canadian economy by pouring billions of dollars into it each year, the government argues that they have fundamentally caused a mismatch between housing demand and supply, engaged in gouging tuition fees, and overloaded social services. With soaring rental prices in cities such as Toronto and Vancouver, Residents are frustrated over affordability issues, with some landlords favoring international students because they can pay higher rents.

Impact on students

Many students spend long years preparing for their Canadian education only to see their dreams come apart under the new policies. Some had the offer for admission and have already paid the tuition, but are now muddled as to where to go from here. For students holding onto post-graduation work permits to enable them to settle in Canada, they are now in a rock and hard place.
Those already in Canada are under immense pressure as some might have to leave the country earlier than expected due to stricter permit rules. These sudden policy changes have placed students under pressure financially, as they may not get jobs that pay them enough for their education.

Global Impact
Countries such as Australia, the UK, and Germany, present the same educational benefits and, because of this, may become more attractive options. These countries are already taking advantage of Canada’s policy shift, fostering more flexible student visa schemes and easier pathways to gain permanent residency.

From a previously high standing of one of the world’s friendliest student destinations, Canada is about to endanger this hard-earned top prospect. This could cause severe financial damage to universities and colleges that largely depend on international student fees. Funding cuts owing to low enrollment might cascade into everything from research to hiring new faculty or infrastructure renovations.

The Future of International Education in Canada

That brings us back to the issue: Is this temporary, or is the door permanently shut on international students in Canada? If the government fails to implement a balanced approach, it will undoubtedly lose all enormous talents to other nations, harming its economy and global standing.

These voices, including universities, student groups, and policymakers, need to move together to create solutions that meet both housing and education concerns without alienating international students. A few such ideas may include better regulation of student housing, improved oversight for private colleges, and setting policies that would support both domestic and international student communities.