Indian Vocational Education Sector: Trends & Opportunities (2012-2017)

PRLog (Press Release) - Feb. 11, 2013 - The Indian education system is one of the largest in the world. It is divided into two segments - formal segment (schools and higher education) and non-formal (vocational education coaching institutes, preschools, etc.) business segment. The system of education in the nation has been evolving from being purely knowledge based in the past to become more skill based. This has led to emergence of niche segments like vocational training, e-learning, skill development courses, among others.

Vocational Education and Training (VET) being a concurrent subject, the responsibility is shared by both central and state governments. In due course of time, VET has gained much importance in nation’s overall education initiative. In order for VET to play greater role, it should be made more flexible and demand- based to match skill-sets requirement in constantly changing technologies and industries.  

This report consists of following sections:-

Contents

1. Executive Summary    

2. Indian Education Segment  

2.1 Industry Structure    

2.2 Market Size    

3. Vocational Education in India        

3.1 Vocation Education and Training Structure      

3.2 Vocational fields        

3.3 Vocational Education and Training in Indian Scenario        

3.4 Market Size    

4. Market Trends  

4.1 Increasing demand for skilled workforce          

4.2 Government’s increased emphasis on vocational education

4.3 Private participation  

4.4 Private Equity Funds in the sector          

5. Drivers & Challenges  

5.1 Drivers  

5.2 Challenges      

6. Indian Vocational Education Segment :PEST Analysis  

7. Company Profiles        

7.1 Everonn Skill Development Limited (ESDL)      

7.2 NIIT Technology        

7.3 Centum Learning Limited    

7.4 IIJT        

7.4 IndiaCan        

7.6 ICA        

8. Recommendation        

List of Figures

Figure 1:   Indian Education Segment Structure  

Figure 2:  Indian Education Segment, Market Size, 2007-2011(US$ Billion)

Figure 3:   Indian Education Industry Segmentation by Category (2010)    

Figure 4:   Indian Education Segment Classification        

Figure 5:   Indian Vocation Education Industry Structure          

Figure 6:    Indian Vocational Education Industry, Market Size, 2007-2011 (US$ Billion)

Figure 7:    Indian Vocational Education, Market Size Forecast, 2012-2017 (US$ Billion)

Figure 8: Labour Supply-Demand Gap in Various Countries (2010)    

Figure 9: Percentage Expenditure of ITIs (2009)  

Figure 10: Percentage Expenditure of ITCs (2009)        

Figure 11: Enrollment in ITI/ITC by type of trade  

Figure 12: Enrollment in private institutions by type of trade    

Figure 13: India Real GDP Growth, 2006-2012      

Figure 14: Expenditure on Education as Percentage of GDP      

Figure15: Real GDP per Capita, 2006-2011 (US$)

Figure 16: Expenditure on Education as Percentage of GDP      

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