Mumbai: India will soon open its education sector to foreign universities, science and technology minister Kapil Sibal said.

"We are going to open up our education sector to foreign universities and it is going to be one of the largest FDI earners," Sibal said on the sidelines of the Tehelka summit on the ''Challenge of India'', in London.

Sibal said relevant legislation for the purpose was on the anvil. "All foreign universities would be allowed in India," he said.

Sibal said the main concern of the government was how to actually spread education and allow talents to grow in India.

Sibal had, last month, complained about lack of funds for the education sector and had blamed the finance ministry for non-allocation of funds, which he said resulted in shelving of the Right to Education bill.

Sibal said the bill was in the preparatory stage almost three years back.

"We had done a comprehensive calculation and had estimated that India needs Rs80,000 crore more for primary education in addition to its current annual expenditure of Rs47,000 crore," the science and technology minister then said.

Sibal said both the private sector and government sectors need to focus on primary education and improvement of healthcare facilities.