India holds an important place in the global education industry. According to the Ministry of Human Resource Development Govt. of India, the country has more than 1.4 million schools with over 227 million students enrolled and more than 36,000 higher education institutes. India has one of the largest higher education systems in the world. However, there is still a lot of potential for further development in the education system.

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 2020. The distance education market in India is expected to grow at a Compound Annual Growth Rate (CAGR) of around 34% during 2017-18. Moreover, the aim of the government to raise its current gross enrolment ratio to 30% by 2020 will also boost the growth of the distance education in India. The education sector in India is poised to witness major growth in the years to come as India will have world’s largest tertiary-age population and second largest graduate talent pipeline globally by the end of 2020. In FY 2015-16, the education market was worth about US$ 100 billion and is expected to reach US$ 116.4 billion in FY 2017-18. Currently, higher education contributes 59.7% of the market size, school education 38.1%, pre-school segment 1.6%, and technology and multi-media the remaining 0.6%.'

Higher education system in India has undergone rapid expansion. Now, India’s higher education system is enrolling over 70 million students while in less than two decades; India has managed to create additional capacity for over 40 million students. At present, higher education sector witnesses spending of over INR 46,200 crore (US$ 6.78 billion), and it is expected to grow at an average annual rate of over 18% to reach INR 232,500 crore* (US$ 34.12 billion) in next 10 years. India’s IT firms are working with academic institutions and setting up in-house institutes to groom the right talent as these companies move to Social Media, Mobility, Analytics and Cloud (SMAC) technologies. Responding to the growing needs and demands of the sector, Skoelly takes the initiative of amalgamating the two, using the web services to cater to the education sector, thus taking the ease of educational services to a whole new dimension.

Many students and parents use our website to find a new school.

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