<p>"And if the argument is that IIT and other top Indian schools are already the peer of Harvard, I’m willing to accept that, but then what’s the point? Why are the top Indian students still trying to get into US schools when they have some of the best schools in the world right there at home? Why waste all that effort and money? Doesn’t make sense. "</p>
<p>There are very few seats in the IITs and IIMs (MBA equivalent). If 35,000 people are applying to Harvard and the Ivies, somewhere near 500,000 people or more are applying to IIT and it is mainly an engineering school system.</p>