The importance of education was well recognized in India, ‘Swadeshepujyate raja, vidwansarvatrapujyate’ “A king is honoured only in his own country, but one who is learned is honoured throughout the world." The ultimate aim of education in ancient India was not knowledge, as preparation for life in this world or for life beyond, but for complete realization of self.
A school is an institution designed to provide learningspacesandlearning environments for the teaching of studentsunder the direction of teachers.
There has been massive expansion of school education in India in the last few decades. There are 15 lakh schools in the country as per DISE data for 2014-15. Government owns and manages nearly 75% of elementary, 43% of secondary and 40% of higher secondary schools, the remaining are privately owned and managed. There are 25.95 crore children enrolled in school education, including 19.77 crore at elementary level; 3.83 crore at secondary level; and 2.35 crore at higher secondary level (U-DISE 2014-15). Enrolment in private unaided elementary and secondary schools is around 33% each; and 39% at higher secondary level. Private unaided and aided schools account for nearly 42% of the enrolment in the school sector (grades I-XII).
India has become the second largest market for e-learning after the US. The sector is currently pegged at US$ 2-3 billion, and is expected to touch US$ 40 billion by 2017.The K-12 system in India can be segmented by ownership, level of education and board of affiliation.25% of all K-12 schools in India are private schools, accounting for 40% share in student enrolment.Thus, as an entrepreneur this project offers an exciting opportunity to you.
Few Indian Major Players are as under
• The Valley School, Bangalore
• Bishop Cotton School, Shimla
• Delhi Public School
• Rishi Valley School, Chittoor
• Chinmaya International Residential School, Coimbatore
• DhirubhaiAmbani International School, Mumbai
• The Cathedral and John Connon School, Mumbai
