This failure is primarily because of a paradigm shift that India hasn’t yet fully realized. The achievement of international standard needs to be a national effort to lead towards international standing, NOT a branding phenomena. The “Nobel” efforts such as that of Rabindranath Tagore and CV Raman are respectable, but they could NOT meet the demands of an international dream that India has discovered for itself in the last decade.
Future is therefore “gleam” unless truly national effort of international nature (read international effectiveness) is realized in the next 5 to 10 years. The IITs and BITs and IISc are reputed organizations, but haven’t kept up with a national dream, so they can not run into the international miles. The new names such as Nalanda and Vedanta University are either in their metamorphosis or strangulated in sightless paranoia.