Indian Education Services – A Hot Opportunity
The Indian education system is seeing an impressive growth since independence. From just 0.1 Million in 1947, enrollments in the country have grown to more than 11 Million in 2005-06. The education system in the country saw a revolution with the emergence of a whole new class of education providers, including private institutes, distance education providers, self-financing courses in public institutions and foreign education providers, says our new report “Indian Education Services – A Hot Opportunity.
Despite the fact that enrollment figure has been rising over the years in higher education system, it varies widely across different states in India. These differences are not only linked to variation in government expenditure on higher education, but also to the per capita income, percentage of people below poverty line and the extent of urbanization in different states. Generally, states with higher enrollment in universities and colleges are those with higher ratio of urban population and a lower percentage of population below poverty line.
The Indian education system has its both negatives and positives (like the lack of quality institutions in India and a large student base). So both these factors are working as bait to attract foreign universities. These universities are collaborating with Indian institutes to make a confident foray into the country’s education system and to fill the voids that have been left by the Indian system.
“Indian Education Services – A Hot Opportunity intensively examines the present trends and future prospects of the education services in India. The foci of the report are on the Indian education system, the position of government and private institutions, Indian landscape for foreign universities/institutes, and entry and operation regulations for foreign universities, among other parameters.
Other Key Findings of the Report
– In future, the number of government and private aided universities and colleges is not likely to show any significant increase while the private unaided higher education institutions are showing signs of positive growth.
– Nearly 30% students in higher education institutions during 2005-06 were enrolled in the private unaided institutions, which do not receive any grants from the government.
– As India has all the resources and potential to become a regional hub, therefore an increasing number of students from neighboring countries will choose the country as their preferred destination for higher education.
– Foreign universities can leverage the opportunity of offering contextual courses as Indian universities/institutions are lacking in this particular domain.
Key Questions Answered in the Report
– What is the scenario of higher education system in India?
– How many universities, technical education institutions and colleges are there in India?
– What is the enrollment status of students into higher education and technical education by stream?
– What is the trend of private education expenditure in India?
– Why foreign universities are looking at India as potential destination?
– What are the entry and operation regulations for foreign universities/institutions providing technical education in India?
– What are the opportunities and challenges for the foreign universities and other education-related sectors in India?
Research Methodology Used in the Report
Information has been taken from books, newspapers, trade journals, white papers, industry portals, government agencies, trade associations, monitoring industry news and developments, and through access to over 3000 paid databases.
RNCOS industry forecast and analysis is based on various macro- and microeconomic factors, sector and industry specific databases, and our in-house statistical and analytical model. This model takes into account the past and current trends in an economy, and more specifically in an industry, to bring out an objective market analysis.
Our industry experts study the relationship between various industry and economic variables to ensure the required accuracy and desired check on the quality of data and information given in the report.
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About The Author
RNCOS, incorporated in the year 2002, is an industry research firm. We are a team of industry experts who analyze data collected from credible sources. We provide industry insights and analysis that helps corporations to take timely and accurate business decision in today’s globally competitive environment.