CONFERENCE Witness deliberations on policy roadmap and other topical issues in higher education
EXHIBITION Explore partnerships opportunities, establish new contacts and promote your brand amongst higher education professionals and other stakeholders
SPONSORSHIP OPPORTUNITIES Augment your brand value by taking advantage of multiple promotional opportunities
Latest NewsFICCI Higher Education Summit And Exhibition 2016 will take place from 10th - 12th November 2016 at Vigyan Bhavan, New Delhi, India.
Overview of Indian Higher Education Industry
- With over 720 Universities, 47 000 and 31 million students (2013), the Indian Higher Education boasts of having the largest HE system in the world in terms of the number institutions and of being second-largest in terms of enrolment.
- Public expenditure on HE only 1.25% of GDP as compared to 3.1% of USA and 2.6% of Canada. Expenditure on higher education likely to go up from US$ 10.3 bn to US$ 30 bn
- India is expected to be the fastest growing economy touching a GDP of USD 10 trillion by 2030 and one of the youngest nations in the world with a median age of 32. Projections show that our country would require a gross incremental workforce of 250 million by 2030
- The greying developed world is expected to face a skilled talent shortage of approximately 56 million by 2030 and India alone would provide 47 million skilled talent
- Given its large workforce and projected labour surplus India is well-positioned to cater to the changes in labour market requirements. India is a potential market for global players with 144 m young population in age bracket of 18-23 years
- By 2020, 90% of India’s GDP and 75% of employment is expected to be contributed by the services and manufacturing sectors.
- Government of India has set itself an aggressive target of achieving 30% gross enrolment ratio (‘GER’) in higher education by 2020, from the current GER at 22.5% (2013-14E).
- The private sector plays a huge role in the addressing the growing need for quality education. The share of private sector institutions and enrolments has increased to 63.9% and 58.9% in 2012 as compared to 42.6% and 32.9% in 2001