From a 1951 literacy rate of 18% to digital education for millions, India’s education sector is transforming rapidly
INR 500 Cr
to be allocated for the establishment of a Centre of Excellence in Artificial Intelligence for education
$9.9 Bn
worth FDI inflows were attracted by the education sector from April 2000 to December 2024
INR 73,498 Cr
allocated budget for the Department of School Education & Literacy for FY 2024-25, the highest till date
India’s education sector has experienced remarkable growth, with literacy rising from 18% in 1951 to 81.3% in 2023. The country now boasts one of the largest higher education systems globally, with over 62,000 institutions serving 42.5 Mn students. The National Education Policy aims to boost access, improve quality and enhance vocational education, with a special focus on underserved regions. Initiatives like Study in India and Skill India are designed to promote global competitiveness and skill development. The government has allocated INR 1,28,650 crores for education and INR 20,000 Crore for private sector-driven research and innovation. With a growing emphasis on digital education, platforms like SWAYAM offer courses in cutting-edge fields such as machine learning. Additional investments in AI, broadband connectivity and cultural preservation through the Gyan Bharatam Mission are transforming India’s educational landscape. These efforts, combined with strategic initiatives, lay a strong foundation for India’s future as a global knowledge hub.
India is home to the world’s largest network of higher-learning institutions, with over 40,000 colleges and 993 universities.
Indian tech startups secured USD 3.94 Bn in investments across 155 deals in FY22.
The National Education Policy (NEP) is positioning India as a global destination for education.
The growing middle class, with rising disposable incomes, is driving demand for quality education and international standards. Simultaneously, the push towards advanced manufacturing and digital transformation is fueling a surge in demand for Industry 4.0 skills.