HEADLINES:  

India has a huge younger population and this provides a great growth opportunity for the education sector. The education sector in India was estimated to be worth US$ 117 billion in FY20 and is expected to reach US$ 225 billion by FY25.

India has over 250 million school-going students, more than any other country. Number of colleges in India reached 42,343 in 2021-2022. In 2021, the number of universities in India stood at 981.

In 2021-22, there are 8,997 total AICTE approved institutes in India. Out of these 8,997 institutes, there were 3,627 undergraduate, 4,790 postgraduate and 3,994 diploma institutes. India has 38.5 million students enrolled in higher education , with 19.6 million male and 18.9 million female students.

According to KPMG, India has also become the second largest market for E-learning after the US, primarily after the Covid outbreak. The online education market grew by 19.02% in India in 2021.

Industry Forecast

The Indian Educational Technology market size is expected to reach US$ 30 billion by 2031, from US$ 700-800 million in 2021.

The online education market in India is expected to grow by US$ 2.28 billion during 2021-2025, growing at a CAGR of almost 20%. The market grew by 19.02% in India in 2021.

Industry Investments

Between April 2000-September 2021, Foreign Direct Investment (FDI) equity inflows into the Indian Education Market stood at US$ 6.74 billion according to the data released by Department for Promotion of Industry and Internal Trade (DPIIT).

  INDIAN Education INDUSTRY AT A GLANCE IN 2020 - 2021