Only two Indian institutes —Indian Institute of Technology, Delhi and IIT Bombay — have made it to the Top 50 in the QS Asian University rankings that were released here on Friday.

Delhi University has been placed at a disappointing rank of 81, one fall down from its 2013 ranking of 80. IIT Madras, which was at 49 in 2013, has now slipped to 53. Although this year 17 Indian universities have made it to the rankings compared to last year’s 11, India is far behind China, Japan, Hong Kong and South Korea.

Rankings are based on criteria such as academic reputation (30 per cent); reputation of university among employers (10 per cent), student/ faculty ratio (20 per cent); research by faculty (15 per cent), citations per paper (15 per cent) and proportion of international faculty and students (5 per cent) and exchange programme students (5 per cent).

As many as 491 institutes were evaluated, 474 ranked and 300 published. Banaras Hindu University, Panjab University, Manipal University, Amity University, Birla Institute of Technology and Science, and the Indian Institute of Information Technology all appeared for the first time.