Friday, March 16, 2007
coaching industry
Indians’ fetish for education, poor educational infrastructure and ambitious parents is giving rise to a booming coaching industry in the country. The coaching industry, estimated at Rs 5,000 crore, is growing annually at 20%. From board exams to school tuitions, IITs, medical, IIMs and now GRE, there is demand at all education and income levels. There are at least eight big players in the organised sector like Career Launcher, IMS, TIME, Brilliant Tutorials, FIITJEE, Pie Education, Raus’s IAS, who comprise 20% of the market.
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