The Indian education system is one of the largest in the world. The education sector is divided into two main segments; the core segment comprises of schools and higher education, while the non-core comprises of coaching classes, pre-schools and vocational trainings.
The education sector in India is evolving, led by the emergence of new niche sectors like vocational training, finishing schools, child-skill enhancement and e-learning.
The private education sector is estimated to reach US$ 70 billion by 2013 and US$ 115 billion by 2018, according to consulting firm Technopak. Technopak sees enrollments in Kindergarten-12th grade (K-12) growing to 351 million, requiring an additional 34 million seats by 2018.
The education sector in India is also considered as one of the major areas for investments as the entire education system is going through a process of overhaul.
The Government of India has allowed foreign direct Investment (FDI) up to 100 per cent through the automatic route in the education sector. The education sector has attracted FDI worth Rs 170.09 crore (US$ 30.85 million) in May 2012.