Vocational training market in India was valued at INR 90 bn in 2011 and is slated to grow at a CAGR of 23%. Government has set a target of preparing 500 mn skilled workers by 2022, as around 75-80 mn jobs will be created over the next 5 years and 75% of them will require vocational training. The market is poised for strong growth over the next few years owing to favourable government support.
The report begins with an introduction to the education market in India and its various sub-segments. Indian education system largely consists of formal and informal sectors, with the formal sector accounting for the major share. A macro overview of the Indian education system is also included, which throws light on some of the key indicators such as literacy rate in India, demographic split in education, budget allocation for education and five year plan outlay for education. This section also includes the vocational training policy framework present in India.
The market overview section gives an insight into the overall education market in India along with the vocational training market, their market size and growth. This is followed by the key segments and applications of vocational training. In India, it is present in both formal and informal sectors and has wide applications in areas such as IT, BFSI, retail, aviation and others. The education and vocational training structure in India is also provided. Additionally, an analysis of Porter’s Five Forces provides an insight into the competitive intensity and attractiveness of the market.
An analysis of the drivers and challenges explains the factors leading to the growth of the market including huge demand for skilled workers, low vocational training penetration, increasing government expenditure, growth in service sector and inefficiency in formal education system. The key challenges identified are low quality of inputs and lack of finance.
The government participation in this sector has also been highlighted in the report, and includes government bodies, government initiatives and associated bodies. Ministry of Human Resource Development and Directorate General of Employment & Training are the two key government bodies in this sector. Government initiatives largely comprise of National Policy on Skill Development, Skill Development Initiative Scheme, Craftsmen Training Scheme, National Vocational Qualification Framework and National Vocational Educational Qualification Framework. Industry associations impacting vocational training segment constitutes of FICCI, CII and ASSOCHAM. Foreign collaborations in this sector include countries like UK, Canada, Germany, Switzerland and Australia. International bodies like International Labour Organization, World Bank and European Union, also contribute to the vocational education and training segment in India.
Key trends in the market have also been analysed which includes investments and M&A activity in vocational training, corporates imparting vocational training, government encouraging public private partnerships and, online and distance vocational courses. The competition section provides an overview of the competitive landscape in the market and includes a detailed profile of the major players. A bubble chart for the public companies, depicting their relative positions in the market with respect to total income, net profit/loss and market capitalization is included. Similarly, a bubble chart for the private players is also included with respect to their total income, net profit/loss and total assets. This section also includes list of products and services, key people, financial snapshot, key ratios and key recent developments for all companies, along with key business segments and key geographic segments for public companies. The report concludes with a section on strategic recommendations which comprises of an analysis of the growth strategies of the vocational training market in India.
Page 1: Executive summary Introduction Page 2: Education Sector in India – Introduction Page 3: Macro Overview of the Indian Education System Page 4: Vocational Training Policy Framework in India Market Overview Page 5: Education Market in India – Overview, Market Size and Growth (2010-2015e); Vocational Training Market – Overview, Market Size and Growth (2011-2015e) Page 6: Vocational Training- Segments and Key Applications Page 7: Education and Vocational Training Structure in India Page 8: Porter’s Five Forces Analysis Drivers and Challenges Page 9: Summary Page 10-14: Drivers Page 15-16: Challenges Government Participation Page 17: Government Bodies - Ministry of Human Resource Development Page 18: Government Bodies – Directorate General of Employment & Training Page 19: Government Initiatives – National Policy on Skill Development Page 20: Government Initiatives – Skill Development Initiative Scheme Page 21: Government Initiatives – Craftsmen Training Scheme Page 22: Government Initiatives – NVQF and NVEQF Page 23: Associated Bodies - Industry Associations Page 24-25: Associated Bodies – Foreign Collaborations Page 26: Associated Bodies – International Bodies Trends Page 27: Summary Page 28: Investments and M&A activity in vocational training Page 29: Corporates imparting vocational training
Page 30: Government encouraging public private partnerships Page 31: Online and distance vocational courses Competition Page 32: Major Public Companies – Summary Pages 33-47: Major Private Companies (Domestic) Pages 48: Major Private Companies – Summary Pages 49-75: Major Private Companies (Domestic) Strategic Recommendations Page 76: Strategic Recommendations Appendix Page 77: Appendix List of FiguresIntroduction 1. Literacy Rate in India (2001, 2011) 2. Demographic Split in Education (2010, 2015e) 3. Budget Allocation for Education (2007-08 to 2011-12) 4. Five Year Plan Outlay for Education (11th and 12th Five Year Plans) Market Overview 5. Education Market Size and Growth (2010-15e) 6. Vocational Training Market Size and Growth (2011-15e) Drivers and Challenges 7. Skilled Worker Base in India (2011 and 2022e) 8. Annual Training Capacity 9. Vocational Training Penetration in Different Countries (2010) 10. Vocational Education in Secondary Schools (2006-07 to 2010-11) 11. Polytechnics (2006-07 to 2010-11) 12. Share of GDP (2011) 13. Growth Rate of the Services Sector (2006-07 to 2010-11) Competition 14. Company profiles (All companies) a. Bubble Chart (Based on revenue, net income and market capitalization / asset value) b. Financial Snapshot (All Companies) c. Key Business segments (Public Companies) d. Key Geographic segments (Public Companies)
Finaccord’s report titled Bancassurance in Angola: Current State and Future Perspectives to 2020, plus the PartnerBASE™ and market data file that accompany it, provides comprehensive and detailed ...Read More
The Europe Laser Marking Machine Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Laser Marking Machine industry.
The report provides a basic over ...Read More
The Europe Laser Scanner Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Laser Scanner industry.
The report provides a basic overview of the indu ...Read More
The Europe Water Softeners Industry 2016 Market Research Report is a professional and in-depth study on the current state of the Water Softeners industry.
The report provides a basic overview of the ...Read More
Production, means the output of High-Frequency Welding Equipment
Revenue, means the sales value of High-Frequency Welding Equipment
This report studies High-Frequency Welding Equipment in Glob ...Read More
This report studies the Management Consulting Service market status and outlook of global and major regions, from angles of players, regions, product and end Application/industries; this report analyz ...Read More
Sales, means the sales volume of Multi-Channel Optical Power Meter
Revenue, means the sales value of Multi-Channel Optical Power Meter
This report studies sales (consumption) of Multi-Channel ...Read More
The Global Primary low iron solar glass Industry Report 2015 is a professional and in-depth study on the current state of the Primary low iron solar glass industry.
The report provides a basic overvi ...Read More
DescriptionThis profile provides a comprehensive factual analysis of the company, its business segments and offerings and the historical evolution of its operations. The report also highlights the fin ...Read More
2012 Deep Research Report on Global and China High Purity Alumina Industry >was professional and depth research report on global and China High Purity Alumina (Al2O3>=99.99% 4N or above 4N Purit ...Read More
Published By : Netscribes (India) Pvt. Ltd.
For support please contact: US Toll Free
+1 888-789-6604 Asia Pacific
To receive alerts about an update, future offers and discounts on this report, signup here. Email ID