Indian education sector is growing at a fast pace with growth in the quantum of opportunities available for study. However with this rapid growth in this sector, the quality of education is unable to keep pace with the growth. A majority of the educational institutions struggle to offer quality education, especially in the capital intensive science and technology arena. With the increasingly aware urban segment demanding high quality modern education, educational institutions need to reform & adopt technology to enable activity based learning and support.
An increased competition in education has compelled Indian institutions to innovate their educational offerings and move beyond their traditional markets. This has also been supported by a thrust on activity based learning and education from the governing bodies like Ministry of Education, CBSE and NCERT. Hence emerging opportunities like demand for extracurricular and co-curricular education services or value added practical learning, which is inclusive of practical understanding of science, mathematics & robotics, hold immense growth opportunities for aspiring entrepreneurs.
In the past few years, the Indian education sector has attracted significant attention from policymakers, investors, entrepreneurs and media. The last couple of years have witnessed an increasing demand for diverse education formats. According to sector experts, Indian education sector could turn into one of the most preferred destination for investment by venture capitalists, private equity players and entrepreneurs.
- Attractive Proposition: According to sector experts India's education sector presents an investment potential of US$ 100 billion over next 5 years
- Changing Dynamics: Intense competition in education is creating a strong demand for supplementary learning & skill enhancement programs in K12 segment
- Robust Growth Estimates: From a market size of US$ 777 Mn in 2008, is expected to reach US$2,331 Mn by 2012, at CAGR of 30%
- Vigorous Projections: Enrollment volume is projected to grow at rate of 25% per year
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