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-June 2022, FDI equity inflows stood at US$ 7.92 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.
NIIT LTD
Started in 1981, NIIT Ltd today is a global leader in skills and talent development, having operations in more than 35 countries. The company is headquartered in Gurugram, Haryana. Until FY19, the company served over 36 million learners through its three lines of business, which include school learning, corporate learning and skills and careers. After several years of growth, it also started the NIIT University in Rajasthan in 2009 with the aim of making it a hub of innovation and learning.
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S. Chand and Company Limited
S. Chand is a leading educational content company in India with a long history. It was established in 1970 and now has presence in all three segments namely – early learning, K-12 and higher education with K-12 providing around 80% of its revenues. The company has 58 branches and marketing offices and extensive distribution system across India. Its printed products are also exported to more than 19 countries and digital products are exported to five countries in Asia, the Middle East, Africa and other parts of the world. Total standalone revenue of the company touched Rs. 26.92 crore (US$ 3.29 million) in the second quarter of FY23.
Read MoreCL Educate Ltd
CL Educate Ltd, which operates under the brand name of Career Launcher, started operations in April 1996. The company has entered into six business segments in the education industry since then and has become well recognized brand name in India. It is based out of New Delhi and its main business is entrance test preparation. The company also has presence in the K-12 segment through its Indus World School, which was started in 2006. The company acquired Kestone in 2008, through which it undertakes integrated business, marketing and sales. Total consolidated income stood at Rs. 216.16 crore (US$ 27.26 million) in FY22.
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