Nalanda University in northern India drew scholars from all over Asia, surviving for hundreds of years before being destroyed by invaders in 1193.
The idea of Nalanda as an international centre of learning is being revived by a group of statesmen and scholars led by the Nobel prize winning economist, Amartya Sen.
The group wants to establish a new world-class residential university with top students and researchers from around the world, on a site close to ruins of the ancient Buddhist institution in the Indian state of Bihar.
The new Nalanda International University will focus on the humanities, economics and management, Asian integration, sustainable development and oriental languages. It will be built in Rajgir, 10 kilometres from the ancient site with buildings planned on old Buddhist principles.
For now temporary premises have been secured and the postgraduate university has already published invitations to research fellows and scholars from around the world.
This international outlook could boost India´s higher education sector which is seen as inward looking and less internationalised than other countries in Asia, including China.
If all goes well, it will do Nalanda´s ancient reputation proud despite the intervening 800 years.
Source: BBC News