"We believe good careers will be international and those with exposure to overseas studies would have better prospects in the global job market," he said.

Listing out other initiatives, he said, during the first year of stay, the visa is being considered as the residential permit for students. Students were also permitted to work part time while studying. After graduation students were given six-months time to find employment, he said.

Replying to a query on loss of jobs arising out of Indian IT company Wipro closing down one of its centres in France, he said company chairman Azim Premji has assured that the company was looking at a long term investment and creation of new jobs for local people.

"Indian IT companies investing in France is a new phenomenon and there are lessons to be learnt," he said