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India, a potential education hub
IBEF: August 02, 2005
 

For a culture that traditionally values education, it is only natural that India should become an education hub. An average middle-class household in India spends 15 to 20 per cent of its income on education/careers of children. In fact, education takes the second position after food in the spend hierarchy, with clothing and housing following it. Fuelled by the popular dream of a foreign degree, the Indian education market is on the verge of a boom. Realising the huge market potential, foreign institutes are entering into partnerships with Indian institutes or companies.

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