Education Sector Overview

India’s Education sector, valued at ₹10.3 trillion in 2023-24, is one of the largest globally, catering to over 350 million students. It plays a vital role in driving economic growth and fostering innovation.

Why Invest in the Education Sector

• Growing Demand: Rising population and focus on quality education fuel the sector’s growth.
• Government Support: Initiatives like NEP 2020 emphasize digital learning and skill development.
• EdTech Boom: India is the second-largest market for EdTech, with rapid adoption of digital platforms.

Incentives & Schemes

• NEP 2020: Aims to increase GER to 50% by 2035.
• Samagra Shiksha Abhiyan: ₹37,383 crore allocated in 2023-24 for school education.
• Digital India Initiatives: ₹7,000 crore for online education and digital infrastructure.

Highlights

• Global Leadership: India has the world’s largest youth population.
• Online Education Growth: CAGR of 18% projected from 2024 to 2030.
• Employment: Education sector employs over 25 million people.

Education Sector Data

Category	Details
Market Size (2023-24)	₹10.3 trillion
Gross Enrolment Ratio (GER)	27.3% (Higher education, 2023)
EdTech Market Size	$4 billion (2023), projected $10 billion by 2027
Digital Education Investment	₹7,000 crore
Public Spending on Education	2.9% of GDP
Schools in India	Over 1.5 million
Higher Education Institutions	1,113 universities and 43,796 colleges
Student Enrolment (2023)	350 million
Employment in Education	25+ million
International Students in India	50,000+ in 2023