Education plays an important part in the building of a nation. Over the years several initiatives and reforms has been taken in India to impart education and install the values of secularism, equality and respect for democracy among the youth.
Education is an integral part of everyone's life and Education sector in India is poised at a crucial stage in its growth. The robust growth in Education Industry is primarily to be filled by private players. The network of Indian education industry today ranks amongst the largest in the world, with more than 1.4 million schools and 35,000 higher education institutes. According to the current rankings, 17 Indian Universities have made it to the list of top 300 Universities in the Asian Continent. The Education Sector in India is at vital stage of growth. The vast diversity in ethnicities coupled with varying demographics has prompted several players to invest in this sector.
It is expected that the Indian Education Sector’s market size will increase to Rs. 602,410 crore by FY’15 from Rs. 341,180 crore in FY’12 with a rapid CAGR rate of 20.87% over the last 3 years thus making it the most favourable and profitable sector for Investors.