Report

The Indian Education Sector (IES) caters to a population of 600 million people between the ages of 0-30 years. It is one the largest capitalized spaces in India with an annual government spend of $30 bn (2006; at ~3.7% of GDP) and an annual private spend of $43.2 bn. In addition, approximately 150,000 students travel to foreign countries every year and spend about $13 bn on education. This puts the entire education sector market size at $86.2 bn.

The $43.2 bn private spend can be categorized into three distinct segments, which are described in the table below:

Each segment has its own unique characteristics and a summary of Kaizen’s analysis of each segment is depicted in the following table: