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Vocational Education & Training in India
CYGNUS Business Consulting & Research, Sep 2008, Pages: 156
This Prefeasibility Report is a must read for those interested in setting up a project or having interest in the given sector. It provides the requisite inputs for setting up a specific project. These inputs range from broad market aspects to details like funding of the project, selection of location, plant and machinery plan etc. The report comes with a soft copy of a financial model. To check the viability of his/her project, the buyer can customise this model according to the specific requirements.
The Vocational Education & Training report is prepared in view of the realised gap between the number of potentially employable people and corresponding training institutes available to train them. The structure of the report consists of a total of nine chapters, giving an overview of higher education, segmentation of vocational education, profiles of successful IT training and finishing schools, growth drivers, critical success factors, issues, challenges and outlook. Special coverage is included for ITIs and case studies for major private parties’ involvement in ITIs.
The report would be useful for potential investors interested in the education sector, educationists, and analysts to keep track of potential opportunities in new investment areas.
In 2007, India’s school and college going population below the age of 20 years was 466.87m, which was 20.03% higher than China’s. India has the third largest higher education system in the world, next to China and the US.
Key findings & Highlights
- The government spending on education is close to 4.5% of the GDP
- The size of the education industry is worth more than USD50 billion (2006-07).
- India is the largest home for consumers of education services in the world.
- It is estimated that during 2006 - 2010, 71 million youths will enter the working-age population. Here lies the significance of vocational education along with other higher education systems being imparted in the country.
- Every year, about 0.165m students are estimated to undergo vocational training apprenticeships in state-run enterprises.
Reasons to Buy
- Realise the gap between the number of potentially employable people and corresponding training institutes available to train them.
- Spot business opportunities in the Vocational Education and Training Industry
- Understand the factors that hamper the growth of the Vocational Education and Training Industries in India
- Coverage is included for Industrial Training Institutes (ITIs) and case studies for major private parties’ involvement in ITIs.
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