Education

Education is an important means of modernization the importance of education can be realized from the fact that all modernised societies tend to emphasise on universalisation of education as a mode for sustained economic development. India has one of the largest higher education systems in the world The education sector in India is also considered as one of the major areas for investments as the entire education system is going through a process of overhaul.

There is a huge demand for upgradation of education as India is expected to have a surplus of 47 million people in the working age group by 2020. As a result, both the formal education sector (including K-12 and higher education) as well as informal sector (including coaching institutions, pre-schools and vocational institutions) are witnessing rapid growth in India. The Indian education system, considered as one of the largest in the world, is divided into two major segments of core and non-core businesses.

While, schools and higher education for the core group, the non-core business consists of pre-schools, vocational training and coaching classes.