Summary

The Indian higher education system has been continuously witnessing impressive growth post liberalization. Student enrollments in the country have grown to over 12 Million, from just 0.1 Million in 1947. This revolution has come around with the emergence of a whole new class of education providers, including private institutes, distance education providers, self-financing courses in public institutions and foreign education providers.

As per our new analytical study "Indian Education Services-A Hot Opportunity", there remains high growth potential in the development of higher education system in India. India has over 400 universities and nearly 21,000 colleges serving the current student base. In order to achieve its target of 21 Million students annually going for higher education by 2012, India needs to invest huge amounts on its higher education infrastructure development and deployment.

With liberalization on place, the Indian education system offers tremendous opportunities for various universities worldwide to enter the rapidly growing education service market in the country. This is because India has all the resources and potential to become a regional hub. However, the sector particularly lacks in proper investments, which is a constraint in coping with growing market demand and global competition.

This report provides extensive research on the present status of the Indian higher education system by providing the number of universities, technical education institutions and colleges available in India. It also presents reason based analysis of the need for opening up of universities (particularly foreign) in the country in long run. We have done rational analysis of the type of courses that foreign universities can leverage as Indian universities/institutions are lacking in those particular domains. The report also gives the entry and operation regulations for foreign universities/institutions providing technical education in India.

Table of Contents

1. Analyst View
2. Research Methodology
3. Indian Higher Education System: An Overview
4. Factors Making Indian Education System Attractive
4.1 Economic Growth
4.2 Demographic Transformation
4.3 Growing Demand for Skilled Personnel
4.4 Lack of Viable Institutions/Universities
4.5 Low Cost of Setting and Running Campuses
5. Current Status of Indian Higher Education System
5.1 Type of Higher Education Institutions
5.2 Academic Structure
5.3 Education Infrastructure
5.3.1 Number of Universities
5.3.1.1 By Type
5.3.2 Number of Higher Education Institutions
5.3.3 Number of Private Universities
5.3.4 Number of Medical Colleges
5.3.5 Number of Professional Education Institutions
5.3.5.1 By Course
5.3.5.2 By Region
5.4 Students Enrollment
5.4.1 Higher Education
5.4.1.1 By Course
5.4.2 Technical Education
5.4.2.1 By Course
6. Analysing the '11th Five Year Plan (2007-2012)' and its Implication on Indian Higher Education System
6.1 Priorities
6.2 Objectives
6.2.1 Central Universities
6.2.2 Degree Colleges
6.2.3 IITs
6.2.4 IIITs
6.2.5 IIMs
6.2.6 ICT
7. Latest Education Trends
7.1 Private Institutions
7.2 Distance Education Providers
7.3 'Self-financing Courses' in Public Institutions
7.4 Foreign Education Providers
7.5 Non-university Sector
7.6 Government Efforts to Check Brain Drain
8. Financing Higher Education in India
8.1 Existing Funding Arrangements
8.1.1 Overall Funding
8.1.2 Public Funding
8.1.3 Private Funding
8.2 Affordability
8.3 Student Loan Schemes
9. Potential Growth Areas
9.1 Infrastructure Funding
9.2 Entrance Exam Coaching Industry
9.3 Education Loan Market
9.4 Private Education Expenditure
9.5 Notebooks and Stationery Manufacturing
9.6 E-learning and Online Tutorial Market
9.7 Education Consultants
10. Growth Inhibitors and Recommendations
10.1 Lack of Investment
10.2 Inequality Issues
10.3 Lack of Private Sector Participation
11. Regulatory Framework for Higher Education
11.1 University Grants Commission (UGC)
11.2 Professional Councils
12. Regulatory Framework for Foreign Universities/Institutions Imparting Technical Education in India
12.1 Procedure for Registration
12.2 Conditions for Registration
12.3 Punitive Measures and Conditions for Withdrawal

List of Figures:

Figure 4-1: Population in the Age Group of 19-24 Years (Million), 2000, 2005, 2010 & 2015
Figure 4-2: Comparison of Students Enrollment in the Age Group of 17-23 Years with Key Asian Countries (%)
Figure 5-1: Number of Universities (2006-07 & 2007-08)
Figure 5-2: Number of Higher Education Institutions (2000-01 & 2007-08)
Figure 5-3: Number of Private Universities (2000-01 & 2005-06)
Figure 5-4: Number of Medical Colleges (Mar 2006 & Sep 2008)
Figure 5-5: Share of Government & Private Dental Colleges (Aug 2008)
Figure 5-6: Number of Degree-level Engineering Institutions (2001-02 to 2006-07)
Figure 5-7: Degree-level AICTE-approved Engineering Colleges by Region (%)
Figure 5-8: Enrollment in Institutions (Million), 2001-02 to 2006-07
Figure 5-9: Enrollment in Institutions by Course (%), 2005-06
Figure 7-1: Number of Students Studying in US (2001-02 to 2006-07)
Figure 7-2: Number of Students Studying in Australia (2002-2007)
Figure 8-1: Centre and State Expenditure on Education by Sector (%), 2006-07
Figure 8-2: Cost-recovery through Tuition Fees by State Universities (%), 2004-05
Figure 9-1: Engineering Entrance Exam Coaching Industry (Rs Crore), 2008-2010
Figure 9-2: Outstanding Education Loan (Rs Crore), Mar 2005* to Mar 2009
Figure 9-3: Private Education Expenditure (Rs Crore), 2000-01 to 2006-07
Figure 9-4: Notebooks and Stationery Industry (Rs Crore), 2008-2010
Figure 9-5: Computer-based and E-learning Market (Million US$), 2008-2011
Figure 9-6: Online Tutorial Market (Million US$), 2008 & 2012
Figure 10-1: Estimated break-up of Households by Disposable Income (%), 2007-08

List of Tables:

Table 4-1: GDP Growth (%), 2001-02 to 2007-08
Table 4-2: Share of GDP and Employment* by Sector (%), 2007-08
Table 4-3: Employment in Software and Services Sector (Numbers), 2001-02 to 2007-08
Table 5-1: Number of Universities by Type (2006-07 & 2007-08)
Table 5-2: Number of Private Aided and Unaided Colleges (2000-01 & 2005-06)
Table 5-3: Number of Professional Education Institutions by Course (1999-00 & 2005-06)
Table 5-4: Number of AICTE-approved Professional Education Institutions by Course (2006-07)
Table 5-5: Number of AICTE-approved Technical Education Institutions by Course
Table 5-6: Intake of Students in AICTE-approved Institutions by Course
Table 7-1: Enrollment in Private Institutions (Million), 2000-01 & 2005-06
Table 7-2: Number of Government Institutions (2000-01 & 2005-06)
Table 7-3: Enrollment in Government Institutions (Million), 2000-01 & 2005-06
Table 7-4: Number of Open Universities and Correspondence Course Institutes (2007-08)
Table 7-5: List of AICTE-approved Institutions under Foreign University Regulations
Table 7-6: Number of Collaborations by Type
Table 8-1: Plan and Non-plan Budgeted Expenditure (Revenue Account) by Education Departments (Rs Crore), 2004-05 to 2006-07
Table 8-2: Income from Tuition Fees as Percentage of Total Revenue (2005-06)
Table 8-3: Expenditure on Education by Major States
Table 11-1: Regulatory and Statutory Bodies for Higher Education