Growth of Education Sector in India - Infographic

The education market in India is expected to reach US$ 225 billion by FY25.

Advantage India

Robust
Demand

* India has the largest population in the world in the age bracket of 5-24 years with 580 million people, presenting a huge opportunity in the education sector.

* India has over 250 million school going students, more than any other country.

* Applications for the ‘Study In India' programme increased by 146% in 2021.

Competitive
Advantage

* Large English-speaking population allows easy delivery of educational products. India was ranked 52nd out of 111 countries in the English Proficiency Index 2022.

* Nine Indian institutes - the Indian Institute of Science (IISc) in Bengaluru and eight Indian Institutes of Technology (IITs) - were among the top 500 universities in the QS World University Rankings 2023.

Policy
support

* 100% FDI (automatic route) is allowed in the education sector in India.

* The Government of India has taken initiatives like National Accreditation Regulatory Authority Bill for Higher Educational and the Foreign Educational Institutions Bill.

Increasing
Investments

* The education market in India is expected to amount to US$ 225 billion by FY25.

* From April 2000-September 2023, Foreign Direct Investment (FDI) equity inflow in the education sector stood at US$ 9.44 billion.

* Indian edtech startups have received total investment of US$ 3.94 billion across 155 deals in FY22.

* In June 2022, edtech platform PhysicsWallah became India’s 101st unicorn by raising US$ 100 million in a Series-A funding round from WestBridge Capital and GSV Ventures, valuing the company at US$ 1.1 billion.