​India's Education Sector

India's Education System: An Overview

  • Composition
    • 1.49 million schools
    • 9.5 million teachers
    • 265 million students
  • Youth Demographics: 25% of the population is between the ages of 15 and 29, fuelling demand for skilled workforce.
  • National Education Policy 2020: Aims to transform India's education system, focusing on holistic development and internationalization.
  • Public Spending on Education: 2.9% of GDP in FY2023.

Market Size

  • Estimated education sector worth: $117 billion
  • Expected growth to $313 billion by FY30.

Sector Composition

  • Pre-Schooling: Market expected to grow by $7.35 billion by 2028, with a CAGR of 11.2% from 2023-2028.
  • K-12 Education
    • 1.46 million schools
    • 230 million students engaged in modern K-12 education.
  • University Education
    • 45,000 degree colleges
    • Over ....
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