May 4, 2010 - Education sector offers potential business opportunity that emanates from the fact that India has world’s largest youth population who wants to boast of receiving quality education with world-class training systems and also the reality that gap between the number of potentially employable people and corresponding training institutes available to train them is wide. Backed by ‘The Franchising World’ report which featured top franchising brands in Established, Emerging, Debutant and International categories in India and at the same time providing an actionable agenda to education operators and service providers like play schools, schools, institutes, development & training programs, vocational trainings, counselors, professional coaching operators to plunge into franchising or grow an existing franchise network as there is lot to learn about franchise trends in the international education service industry to assist them to carve a niche for themselves.
According to the report carried by TFW, the growth of the Education sector in the country is pegged at 35% amongst new concepts and it will continue to grow in the years to come and keeping in mind the markets in India to be capitalized on, it further opens the door for many entrepreneurs. Looking at the risk and profitable returns variation from business to business, franchising ensures a safe method to own a brand especially in the Education sector which is least effected territory even in the time of recession. It also has been noticed in earlier studies that education is the second largest household expenditure after food. Presently in India, not only middle or upper middle class, even poor families spend 20 per cent of their disposable income on private schools and universities; then expose their children to 1.2 million, mostly ill-equipped and under-staffed government school across the country. Private institutions are typically perceived as hallmarks of quality education and given the demand, Indian education entrepreneur are ready with massive expansion plans, which will provide thrust for the education sector to grow multifold.
Speaking on the Education sector growth, Mr. Gaurav Marya, President, Franchise India, said, “Our report features Education providers from varied backgrounds starting from an established, international and national to emerging; these findings of the report re-establish the fact that franchise is the next route of growth for brands in the country. There are around 1200 franchisors in the country, having over 100000 franchisees across country. Out of this number, approximately, 32 per cent are in the education sector. Foreign investment through franchise route will be more forthcoming in sectors like child skill enhancement, e-learning, teacher training and finishing schools as also for IT and BPO training. Education sector is the most franchised sector in India and it is interesting to note that franchise outlets are far higher in number than company-owned outlets. “
Education companies which ranked in Top 100 list:
Zee Institute of Creative Arts
Shemrock & Shemford Schools
Roots To Wings
I Play I Learn
D. Newage School of Design
The Franchising World (TFW), a leading franchise and business opportunity monthly magazine recently launched its annual survey on Top 100 franchise opportunity brands in the country. The report extensively showcases prominent national and international brands in the franchising industry of India under four different categories - Established, Emerging, Debutant and International across sectors like education, F&B, Health, Automobile, Financial, Fashion, Logistic and Travel. The annual survey has considered more than 1000 franchise brands in the country to come out with the detailed findings. Certain parameters were taken into consideration like, success rate in franchising, satisfaction level of franchisees, training and support, growth over the years and international foray.
About Franchising World:
The Franchising World (TFW) has the distinction of being India's first franchise magazine, published since 1999 by Franchise India. As the name indicates, The Franchising World is a hands-on magazine on the business of franchising including SMEs, discussing the multi-faceted franchising concept and issues, both Indian and international.
About Franchise India:
Franchise India is Asia’s largest integrated franchise solution company since 1999, with an absolute authority on Franchising, Licensing, Retailing, Real estate and Marketing. The firm has already consulted numerous brands in past few years like Videocon, HP, Reebok, Store 99, Pidilite, Hauck, Xenos, HCL, MGF, Kwality Walls, Tata, Gitanjali, HSBC, Levis, JK Tyres, Lakme, D’damas, Euro Kidz, The Apollo Clinic, Chhabra 555, Kidzee, Motilal Oswal, Rosebys, Next, Welhome and many more through its media initiatives, advisory services and exhibitions. With its strategically formed divisions, FIHL has created its own niche as the pioneers of franchise industry and a small business authority.
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Payal Gupta- PR & Corporate Communication Strategist, firstname.lastname@example.org; 9811390248, 9268564544
View Company Website: http://www.franchiseindia.net