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Indian Education Industry, Q3 2011
Credit Analysis & Research Limited, Aug 2011, Pages: 94
The growth in the personal disposable income of the Indians, growing contribution of the services sector to India’s GDP thereby requiring greater number of qualified youths and the increasing thrust of the GoI to improve the country’s educational system and eventually the literacy rates has resulted in manifold growth of the Indian Educational sector since the last decade. Correspondingly, the country’s literacy rate has improved from 64.8% during 2001 to 74% as per the Census 2011. With the growing penetration of educational concepts such as Pre-school, Information & Communication
Technology (ICT) in schools etc the market size of the Indian Education industry aggregated US$66.6 bn during FY11. Importantly, over the years, the role of private sector in education has increased with the setting-up of institutes especially in the K-12 & Higher education segment. Even, the GoI has emphasised on Public Private Partnership (PPP) in education so as to expand the reach and provide quality education to students in small towns & villages.
CARE Research’s report on ‘The Indian Education Industry’ seeks to answer queries such as: What will be the market size of the Indian education industry by FY15? Which educational segment, whether Pre-school, K-12 or ICT will be the revenue driver for the sector? What will be the penetration level of Pre-schools, K-12, ICT & Higher education in India by FY15?
With comprehensive data coverage spanning the various realms of education in India garnered through well-established network of primary and secondary sources and CARE Research’s outlook on the industry uptill FY15, the report is indispensable for any company in the education industry, banks/FIs, policy makers, research & academic organizations, other international & national agencies etc.
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