Education

The private coaching market in India has grown rapidly over the last decade. It recorded a market revenue of USD 7 billion in December 2022 and is projected to reach USD 16.16 billion by 2028. With about 250 million students in K-12, comprising almost 25% of the world’s school going students, India is one of the largest markets for the coaching industry.

With the implementation of the Digital Personal Data Protection Act 2023 (Act) all set, India’s buzzing ed-tech space is predicted to undergo a reshaping of its contours and business models.

The University Grants Commission (UGC) recently released the much-anticipated regulatory framework allowing foreign universities to set up campuses in India. This framework permits foreign universities listed in the top-500 global rankings, or subject-wise rankings, or possessing outstanding expertise to set up campuses in India upon obtaining UGC approval.