International Journal in Management & Social Science
Year : 2016, Volume : 4, Issue : 6
First page : ( 631) Last page : ( 636)
Online ISSN : 2321-1784.

Growth Prospect and opportunities for foreign investors in Indian Education Sector

Dr Tyagi Vandana

Principal A.S. P.G. College Ch-Dadri Haryana

Online published on 8 August, 2018.

Abstract

Over the last decade, the Education sector in India has grown leaps and bounds. The Indian Education space is by far the largest capitalized space in India with Government spend of USD 30 bn and private spend of USD 50 bn. India has one of the world's largest education systems, which includes 1.3 million schools, 30, 000 colleges and 542 universities. Current law allows 100 per cent FDI in education. According to the recent data revealed by the Department of Industrial Policy and Promotion (DIPP), foreign investors have contributed more than US$200 million in Indian education sector and the number is going to increase steeply in coming years as well.

The rapidly growing education sector of India holds a potential to attract more than US$ 75 billion in the next couple of years on the virtue of infrastructure development and skilled professionals in India. There is strong opportunity for foreign companies and private players to penetrate into the education space of India. In terms of number of collaborations forged by Foreign Universities with Indian Educational Institutions, in 2011 alone, a total of 161 collaborations were reported. The opportunity is available in all three different segments including vocational training, higher education and schools.

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Keywords

FDI, Collaboration, GER, Higher Education, Inflow.

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