Shravan was attacked by a group of teenagers with a screwdriver, which pierced his brain and damaged his vision in May 2009.
"I am doing well now and the Australian government has granted me permanent residency," said 26-year-old Shravan was quoted by news agency as saying.
He said he was delighted that he now had a PR status and would be entitled to all benefits.
Shravan, who remained comatose for 15 days after the attack, said that he was now managing most of his daily chores himself after months of rehabilitation.
He came to Australia three years ago to study automotive engineering at Cambridge International College.
He still has over six months of his course left and has not yet decided on future plans.
However, he said he was very keen on fulfilling his ambition of becoming an automotive engineer.
When asked on whether he will stay back, Shravan said, "I don't know. I have not discussed the issue of staying back for good with my family. I will only decide when I recover fully."