Strategic Outlook of the Indian Education Sector, 2019
Strategic Outlook of the Indian Education Sector, 2019
Can India Capitalize on its Demographic Dividend?
18-Apr-2019
South Asia, Middle East & North Africa
$4,950.00
Special Price $3,712.50 save 25 %
Description
Education—what was once a largely philanthropic activity has now become a lucrative business with opportunities from pre-school right up to higher education. A considerable portion of India's population is below the age of 25, which highlights the large addressable market. Globally, the Indian school system is the largest, with around 260 million children attending school compulsorily. While enrolments have been on the rise, it is quality that is lacking, mirrored in the lack of employability of most graduates.
The education market can be classified into formal and non-formal. Formal is regulated by the government and educational bodies such as the University Grants Commission (UGC). It comprises K-12 (elementary education, secondary education) and higher education (university, college, distance education, and research). Non-formal is highly unstructured, with a few legislations. It consists of vocational training, skill development, pre-schools, online, coaching, and so on. Increasing disposable incomes and willingness to spend on education are key factors driving investments into the sector.
Active encouragement from the government has helped increase the number of Public-private Partnerships (PPPs) as well.
Collaboration with universities is expected to help in faculty development, curriculum development, enhancement of entrepreneurship skills, and research. Academic partnerships imply positive academic engagement between universities that are mutually beneficial.
Continuous learning is a fast-catching trend. While working executives regularly upgrade their skills, college students opt for additional employable skillset learning through the online medium.
However, for digital education to gain momentum, infrastructure for technology implementation is required. Frequent power cuts, voltage issues, and lack of funds from the center have impeded growth. A one-size fits all approach will only impede digital growth, considering the vast differences in curricula, language, and teacher-student ratios.
There is a need for greater allocation for education in the Indian Government’s budget.
The system in its present state requires an urgent overhaul. Obsolete, static, bookish, and lack of market-drive, are just some of the reactions Frost & Sullivan received from several stakeholders.
It is hoped that The New Education Policy 2019 will answer and fix many of the deep-rooted problems and issues that ail the education sector in India. For the creation of a million productive jobs, India has to build at least 1,000 quality universities in the next 10 years and 50 times as many technical colleges. This is just one step in making India’s education future ready—a complete change in the DNA of the system.
Table of Contents
Indian Education Sector 2018—Key Highlights
India—Quick Facts
India—Quick Facts (continued)
Indian Education Sector Snapshot
2018–2019 Education Sector Top-of-mind Issues
2019 Top 5 Predictions
Education Sector—Schools
Education Sector—Schools (continued)
Education Sector—Higher Education
Research Scope
Research Aim and Objectives
Glossary and Definitions
Education Sector Segmentation
Education Sector—Top 5 Predictions for 2019
K-12
K-12 (continued)
Higher Education
Higher Education (continued)
Higher Education—Research
Vocational Training
Pre-schools
Other Institutes
Role of Government’s Regulations
Government Incentives for Skill Development
Other Government Initiatives
FDI in Education
Government Expenditure on Education
Growth Opportunity—Classrooms of the Future
Strategic Imperatives for Success and Growth
Key Conclusions and 2019 Outlook
Key Conclusions and 2019 Outlook (continued)
Legal Disclaimer
Market Engineering Methodology
Key Results of AISHE 2016–2017
Key Results of AISHE 2016–2017 (continued)
Key Results of AISHE 2016-17 (continued)
List of Exhibits
Popular Topics
No Index | No |
---|---|
Podcast | No |
Author | Suchitra Chakravarti |
Industries | Cross Industries |
WIP Number | PA3B-01-00-00-00 |
Is Prebook | No |
GPS Codes | 9A7B-EM |