Pre School Industry
The Preschool Industry in India is booming like never before. This Industry has witnessed significant developments which resultantly have attracted heavy investments from corporate sector. According to Industry reports, the Indian preschool Industry will be a whopping USD 3.25 Billions with a Compounded Annual Growth Rate (CAGR) of 27% by 2017. The fact that this Industry operates under limited regulatory framework and minimal infrastructural requirements has ensured a mammoth rise in both the number of Preschools as well as the number of enrollments in these schools.
It is also established that the Organized Preschool sector is just 22% of the total market and expected to increase to 26% by 2017. However, the most interesting fact is that the organized sector contributes about 38% of the revenue to the Industry. Hence there is tremendous potential for growth in this sector. About 157 million children in India are less than 6 years and only a fraction of these children attend a Preschool.