Education is the key to the task of nation-building. It is also well-accepted that providing the right knowledge and skills to the youth can ensure overall national progress and economic growth. Rising incomes and rapid urbanization, coupled with increasing awareness about the importance of quality education, have resulted in robust growth of the Indian education industry. It has been estimated the Indian education market to be worth Rs.5.9 trillion in 2014-15 as against Rs.3.33 trillion in the 2011-12 financial year.
India claimed 10 of the top 100 places in Times Higher Education's BRICS & Emerging Economies Rankings 2014-the world's first ranking of universities in Brazil, Russia, India, China and South Africa, as well as 17 other emerging economies. The government allows 100% FDI in the education sector. Also, many other measures have been taken by the government to promote growth of the education sector in India in the recent past. The Indian education sector has players from both the public and private domains. As per various research reports, the annual student enrolments for higher education are expected to grow at a rate of nearly 8.7% per annum during 2014-15 and will require huge investments for developing the infrastructure.
How can we help?
We have worked with pioneers of this industry enabling us to provide complete lifecycle support to the compliance, regulatory, tax, assurance and financial services needs of your business.