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The Indian education and training market is one of the largest and fastest-growing in the world, with a projected value of $313 billion by 2030. This growth is being driven by a number of factors, including a young and growing population, rising disposable incomes, and increasing demand for skilled labor.
Market size: $117 billion (2020)
Projected growth rate: 10.9% (2020-2030)
Number of learners: 429 million (2020)
The Indian government recognizes the importance of education and training in shaping the country's workforce and driving economic growth. In 2022-23, the government allocated an estimated ₹1.2 trillion (approximately US$15 billion) to education and training procurement, demonstrating its commitment to providing quality education and skill development opportunities for its citizens.
Driving Forces behind India's Education and Training Procurement
Skill development for a knowledge-based economy: India is transitioning into a knowledge-based economy, and the government is investing in skill development programs to equip its workforce with the skills required for the 21st-century workplace.
Expanding access to quality education: The government is committed to providing quality education to all citizens, regardless of their background or socioeconomic status. This is driving investments in school infrastructure, textbooks, and digital learning solutions.
Enhancing teacher quality and training: The government recognizes the importance of teacher quality in improving student learning outcomes. Procurement of teacher training programs and resources is a key component of the government's education strategy.
Indian government procures a wide range of education and training products and services, including:
School textbooks and other educational materials
Teacher training and professional development
Vocational education and skills training
Higher education programs
Online learning platforms and resources
The top authorities for India education and training procurement are:
Ministry of Human Resource Development (MHRD)
University Grants Commission (UGC)
Central Board of Secondary Education (CBSE)
All India Council for Technical Education (AICTE)
National Skill Development Corporation (NSDC)
The top winners of India education and training procurement are:
Pearson India
Educomp Solutions Ltd
HCL Learning
TCS iON
Aptech Ltd
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