IRVINE, CA – March 23, 2026  – EON Reality, together with EON AI Ventures, today announced the availability of the Global Virtual Campus for India – a British-accredited, #6 world-ranked European university credential platform delivered in Hindi and 12 Indian regional languages, compatible with India Stack (DigiLocker, Aadhaar, UPI), NSQF-aligned, and NEP 2020-compatible – at ₹35,000 per year, as NASSCOM projects 1.5 million IT/BPO job displacements by 2028 and 65% of Indian graduates remain unemployable on the day they graduate.

The Crisis: India’s IT Engine Is Growing Revenue While Cutting 1 Lakh+ Jobs.

India’s technology sector delivered its most productive year on record in 2025 – while simultaneously eliminating more than one lakh positions. TCS, Infosys, and Wipro collectively grew revenues 3.8% while reducing headcount as AI handles tier-1 support, code generation, data processing, and financial analysis. NASSCOM projects that 25-30% of current IT/BPO roles face significant automation by 2028 – 1.5 million jobs in the sector that created India’s educated middle class.

The structural challenge predates the IT displacement wave. India spends $117 billion annually on education. Yet the India Skills Report 2026 documents that 65% of graduates lack the skills employers need on graduation day. The system is producing credentials that neither match current employer demand nor anticipate AI-resilient career pathways. Twelve million young Indians enter the labor market every year into this gap.

The compounding cost burden amplifies the policy urgency. Engineering and MBA graduates carry ₹15–60 lakh in total educational cost – for credentials pointing toward the roles AI is automating first. At ₹35,000 per year for a globally recognized European university degree, EON changes the credential calculus entirely.

Click on the image below to access the Indian Higher Ed Is Producing Graduates AI Will Replace presentation.

Source: Anthropic Economic Index 2026 · NASSCOM India Technology Report 2026 · India Skills Report 2026.

The Solution: 9,000 Courses. A British-Accredited Degree. On India Stack. At ₹35,000.

EON AI Ventures has made the Global Virtual Campus available to Indian universities, NSDC, UGC, AICTE, and state skill missions as the delivery infrastructure for Skill India Mission 2.0. Built in partnership with UBT – ranked #6 in the world for Industry and Innovation – the platform delivers a formally accredited European university credential at ₹35,000 per year, natively on India Stack, in Hindi and 12 regional languages.

At ₹35,000 per year, the credential is employer-reimbursable without budget approval friction – a figure that clears IT company upskilling committees automatically, unlike ₹15 lakh degree programmes. DigiLocker-verified. Aadhaar-linked. UPI-enabled micropayments. Built on the same digital infrastructure as India’s most trusted public services.

Accreditation & India Stack Compliance

For Academic Institutions: The Credential That Travels from Mumbai to London, Dubai, and Singapore

For Indian universities – IITs, IIMs, central universities, private institutions – the Global Virtual Campus partnership provides a co-credentialing mechanism that answers the question every Indian vice chancellor faces: how do you equip graduates with credentials that are recognized in the UK, UAE, and Singapore – the markets where India’s best graduates compete – while remaining aligned with UGC, AICTE, and NSQF requirements?

• Hindi and 12 regional languages: AI mentor delivery in Hindi, Tamil, Telugu, Bengali, Marathi, Gujarati, Kannada, Malayalam, Punjabi, Odia, Assamese, and Urdu. Accessible from Tier 1 metros to Tier 4 cities.
• Employer reimbursable at ₹35,000: IT and professional services companies approve ₹35,000 upskilling budgets without committee review. ₹15 lakh does not pass. This changes who enrols.
• Revenue model in ₹: Institution sets the student price in ₹. Institution keeps the full margin above EON’s base rate. At 1,000 students: estimated ₹70 lakh annual gross margin.
• India Stack-native: DigiLocker-verified credentials. Aadhaar-linked verification. UPI micropayments. No banking infrastructure barrier to access.
• NEP 2020 and UGC-ready: Alignment documentation for UGC, AICTE, and NEP 2020 flexible degree framework prepared and ready for academic affairs review.

“TCS, Infosys, Wipro — all cutting headcount while growing revenue as AI handles the tier-1 work. India’s IT sector grew revenues 3.8% while eliminating more than one lakh jobs in 2025. The institutions with an answer to this are the institutions that matter.” – NASSCOM India Technology Report, 2026

For Government: NSDC, UGC, AICTE, STATE SKILL MISSION: Skill India 2.0 Delivery Infrastructure. India Stack-Native. CAG Audit-Ready.

For NSDC, UGC, AICTE, and state skill missions, the Global Virtual Campus provides the delivery infrastructure for Skill India Mission 2.0’s ambition to skill 40 crore Indians. Mobile-first, reaching Tier 4 cities, in 12 regional languages, at ₹35,000 per learner – with British-accredited, internationally recognized credentials recognized by the UK, UAE, and Singapore employers where India’s skilled workforce competes globally.

• Skill India 2.0 and PMKVY aligned: NSQF-compatible. PMKVY scheme alignment documented. Skill India Mission 2.0 delivery architecture compatible. NSDC partnership framework ready.
• Mobile-first – Tier 4 reach: Full platform on smartphone. Works on 3G. Reaches learners that ITIs and polytechnics structurally cannot. Uniform quality standard across all tiers.
• CAG audit-ready: AI-verified skill assessment, employment outcome tracking, and per-learner reporting. Every PMKVY or NSDC programme participant’s outcome trackable and reportable to the Comptroller and Auditor General.
• IDB and World Bank compatible: Impact reporting framework aligned with international development institution standards. Development finance programme eligible from day one.
• First deployment story: “India deploys world’s first nationally-scaled British-accredited AI-resistant credential at ₹35,000.” The Ministry or state skill mission that deploys first writes the Skill India 2.0 success story.

“India has the world’s largest youth population, the world’s most ambitious digital infrastructure, and the world’s most urgent credential gap. EON’s Global Virtual Campus is built on India Stack – DigiLocker, Aadhaar, UPI – in Hindi and 12 regional languages, at ₹35,000 a year. Skill India 2.0 has the ambition right. We provide the delivery infrastructure to achieve it,” stated Dan Lejerskar, Chairman & CEO, EON Reality.

Platform Facts: Built on 25 Years of Global Infrastructure

STRATEGIC CONTEXT: Part of the Sovereign Human Initiative

The Global Virtual Campus is a flagship delivery vehicle of EON AI Ventures’ Sovereign Human Initiative – a comprehensive framework to transform AI-driven workforce displacement into economic empowerment. For India, the Initiative’s emphasis on democratized knowledge access at radical price points – combined with India Stack native delivery – positions EON as the infrastructure layer for Skill India 2.0’s most ambitious objectives. The Sovereign Human Initiative white paper is available here.

NEXT STEPS: Test Drive. Partner. Lead Skill India.

Indian academic institutions, NSDC, UGC, AICTE, and state skill missions can test drive the Global Virtual Campus – Hindi and regional language delivery, NSQF-aligned Career Compass, DigiLocker-ready credentials, and the full British-accredited framework – immediately. Institutional access credentials are available on request within one business day. Dan Lejerskar is available for in-person meetings in Mumbai, Delhi, Bangalore, and Chennai.

Test Drive Virtual Campus   

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About EON Reality
EON Reality is the world leader in AI-assisted Augmented and Virtual Reality-based knowledge transfer solutions for education and industry. With over 25 years of experience and a global presence across six continents, EON Reality has pioneered innovative technologies including the EON-XR platform, AI-powered learning frameworks, and immersive training solutions. The company is dedicated to making knowledge accessible worldwide through cutting-edge technology, serving millions of learners across educational institutions and enterprises globally. For more information, visit www.eonreality.com

About University for Business and Technology (UBT)
The University for Business and Technology (UBT) is a European university ranked #6 in the world for Industry & Innovation (WURI Global Rankings, Fourth Industrialization category), recognized by the British Accreditation Council (4-year accreditation, 2025), certified to ISO 9001 and EFQM Excellence 5-star standards, and aligned with the European Bologna Process. UBT’s diplomas are recognized for transfer at 500+ universities across the European Union and United States. Founded in 2001, UBT operates campuses and centers in Kosovo, Vienna, Budapest, and Tirana, with 15,000+ active students and a 98% graduate employment rate. Visit www.ubt-uni.net