OPPORTUNITIES FOR ENTERPRISES: THE RISE OF EDUCATION SECTOR IN INDIA


Enlarging the ‘youth’ base filling the topmost position on India's agenda list, as India has largest population in the world in the age backer of 5-24 years which presents a large number of opportunists in the education sector.  Enhancing the ‘youth’ base filling the topmost position on India's agenda list, as India has largest population in the world in the age backer of 5-24 years which presents a large number of opportunists in the education sector. 
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Rise of the Coaching Industry: Now the coaching industry in India is one of the accelerated growing industries in the service sector. It caters to different Government exam preparation like SSC CGL, CAT, Bank Exams, Medical & Engineering entrances. The size of the entrance exam sector is even enormous than the school exam sector. As soon as the class 10th exams get over, students throng the coaching institute to start preparing for competitive examinations. According to the reports, 10 lakhs students participate in these exams every year. With a nice customer support, faith, and enthusiasm to spend among the parents, coaching centers imply to be a recession free industry. For example every year Institute of Banking Personnel Selection conducts more than 70, 000 only but every year more than 900,000 students.
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The Growth of Franchise Model: The franchise model dominance great future for the private coaching industry especially the Government competitive exams sector. This is one sector which is generally driven by brand-name. The franchise model best suitable for the coaching industry is franchise owned and franchise operated. It’s because aspirants give primary wattage to the study materials provided by the coaching center. It is widely expected that the education sector’s contribution in the franchise business will increase from the present 5% to 6% in 2019.
Only a handful of national institutes like IBT have branches in south India, North India and providing the golden opportunities for education franchise.  Do you have a coaching center? Enlarge your business from becoming partner of IBT Institute. Get Coaching ERP, Study Material & easy process of opening an IBT Center in your city.

Additional Note: These are some of the factors which one must know before entering into a franchise partnership with any brand to start an educational institute. Hope you will be able to search for the most appropriate brand of Education franchise to give you ample of support and assistance.


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