Sunday 23 October 2011

Constructing education FDI

The education sector is emerging as one of the largest service sectors in India, with strong growth drivers. Indians’ aspirations for high quality education, a growing population, a lack of adequate infrastructure etc are some of the key factors leading to a huge demand-supply mismatch and the need for massive investments in the Indian education sector. The sector is already witnessing a lot of interest, with more and more foreign players in education and real estate fields eyeing opportunities in India either through joint ventures/collaborations or through independent set-ups.
Our education sector is also one of the most important sectors from the perspective of India’s social and economic development. The government has also realised the need for private/foreign players’ participation in bridging the demand-supply gap and is making serious attempts to reform the sector by introducing new legislations like the Proposed Foreign Education Bill and by fostering public-private partnership models.
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