- Located in South Asia with world’s 2nd largest population (over 1,35 billion people).
- The largest democracy in the world (a federal union of 37 states – comprising with 28 states and 9 union territories)
- India’s economy to be world’s 2nd fastest growing at 6% (China with a 6.1% growth rate for 2019 being headed of India by just 0.1%).
- Second largest English speakers in the world (after USA).
- India has the largest higher education system in term of the number of institutions and the second largest in terms of the number of students
- India has the fastest growing middle class in the world – about 35 millions households with earnings increased up to $ 25 000 PA
- The higher education system in India has the largest in the world in terms of the number of institutions, and the largest in terms of the number of students enrolling over 70 million students while in less than two decades, India has managed to create additional capacity for over 40 million students.
- By 2025, the segment is expected to reach US$ 35.03 billion.
- The country has become the second largest market for e-learning after the US. The sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users.
- India has the largest population in the world in the age bracket of 5-24 years which presents a large number of opportunities in the education space.
- To eradicate illiteracy from India, Government of India has launched many schemes at central as well as state levels. The Ministry of Human Resource Development, Government of India launched Samagra Siksha scheme with the aim of achieving holistic development of school education in the country.
- At the same time the Government of India has allowed 100 per cent Foreign Direct Investment (FDI) in order to increase foreign participation in education sector. The sector has received cumulative FDI worth US$ 2.47 billion up to March 2019.
- In private equity and venture capital funding, education industries companies are expected to attract US$ 500 million by end of 2019 and beginning of 2020. India’s higher education segment is expected to increase to US$ 35.03 billion by 2025.