By Charu Jain
Associate Fellow at National Council of Applied Economic Research (NCAER)
Issue - Education Goals
Date - 15th May 2018
Private coaching market in India is presently estimated to be over 70 billion USD. With high individual spending and marked state wise disparity a concerted examination of this market is imperative.
Private coaching industry in India has emerged as one of the fastest growing industries in the service sector catering to all levels of education including preparations for engineering, medical, management examinations and more. According to the Associated Chambers of Commerce in India (ASSOCHAM) study on ‘Business of private coaching centres in India’ conducted in 2013, India’s private coaching market was estimated at 23.7 billion USD in 2013 and was likely to touch 40 billion USD by the end of 2015....