New Delhi, July 7 -- Prime Minister Narendra Modi, following his bilateral talks with the Indonesian President Prabowo Subianto on Tuesday, announced that the Indian Institute of Management Bangalore (IIMB) will set up its first International campus in Indonesia, stepping up India's efforts to deliver world-class education through its premier institutions.

The proposed campus will be established at the Singhasari Special Economic Zone (SEZ), Malang, Indonesia, and "will greatly benefit the youth of the entire ASEAN region," the PM said in his joint press statement with the Indonesian President.

According to officials in the Ministry of Education, Indonesian nationals and students from South Asian countries will be eligible to apply at the...