The Indian education sector is one of the largest sunrise sectors contributing to the country’s economic and social growth. The Indian education system, considered as one of the largest in the world, is divided into two major segments of core and non-core businesses. While, schools and higher education for the core group, the non-core business consists of pre-schools, vocational training and coaching classes. The education sector in India is evolving, led by the emergence of new niche sectors like vocational training, finishing schools, child-skill enhancement and e-learning. India has emerged as a strong potential market for investments in training and education sector, due to its favourable demographics (young population) and being a services-driven economy.
The total amount of Foreign Direct Investments (FDI) inflow into the education sector in India stood at US$ 1.42 billion from April 2000 to March 2017
The education and training sector in India has witnessed some major investments and developments in the recent past.
The present Indian higher education system comprises of about 700 universities and over 35,500 colleges. More than 85 per cent of these students are enrolled in bachelor's degree programs and about one-sixth of all Indian students are enrolled in Engineering/Technology degree programs.
To increase the percentage of students going for higher education to 30 per cent by 2020, India will need 800 more universities and another 35,000 colleges, according to the Ministry of Human Resource Development (HRD).
According to the rankings released by Quacquarelli Symonds (QS), 17 Indian universities have made it to the list of top 300 universities in the Asian continent. Also, the topmost Indian management institute, Indian Institute of Management, Ahmedabad (IIM-A) has been globally ranked the fourth-best overall among 20 leading B-schools, according to the Economist.
You might have seen the CSR and Philanthropy move are 90% towards education, which complements the main Business line and creates the second line to capture this learning and education fields.
‘CompAxed’ helps Educational Institutions / NGOs / Universities to craft marketing strategy, Branding, promotions and campaigns, New and Innovative ideas for online education, Organization Structures, Franchising, Value chain, to create the Training and Development cells for the specialized businesses.
At the same time ‘CompAxed’ helps companies for selecting the right Management / Educational programs to acquire right knowledge bank by their employees and to achieve the goal of the company by stream lining essential educational and development needs.