According to an IDFC-SSKI report, Indians spend $50 billion annually on private education. The four segments of the education market — plus two, higher, vocational and supplemental — present a $80-billion opportunity by 2012. It is expected to grow at a CAGR of 16%, says a CLSA Pacific study.
Now Mukesh Ambani is planning a private university in line with Ivy league institutions, says this ET headline article.
Good to see the larger groups getting interested in the education space.