There are currently no other higher education institutions in India that have the same level of international recognition and reputation as the Indian Institutes of Technology (IITs). However, it is important to note that the IIT brand is losing its sheen in recent years due to various factors.

One of the primary reasons for this is the poor quality of graduates produced by the IITs. While the IITs are renowned for their academic rigor and high standards, many employers have reported that IIT graduates lack practical skills and are unable to apply their theoretical knowledge in real-world settings. This has led to a perception that IITs are more focused on producing academics than industry-ready professionals.

Another reason for the decline in the IIT brand is the changing demands of the industry. As technology and business practices evolve rapidly, employers are increasingly looking for graduates with diverse skill sets and experiences. While IITs have traditionally focused on producing graduates in the fields of engineering and technology, the industry now demands professionals with expertise in areas such as data analytics, design, and management.

Lastly, the mushrooming of IITs across the country has diluted the brand value of the institution. With the establishment of new IITs in recent years, the IIT brand has become more accessible and commonplace, leading to a perception that it is no longer exclusive or elite.

In conclusion, while the IITs remain a popular brand outside India, their reputation has been declining in recent years due to various factors such as poor quality graduates, changing demands of the industry, and dilution of the brand through the establishment of new IITs. Despite this, the IITs continue to be a highly respected and prestigious institution in India and around the world.