For any education franchise brand, especially in India, the competition is massive. There are over 14 lakh schools in the country with another 40,000 higher education institutes.
According to a 2018 study, by CARE Group, the K-12 market in India is estimated at INR 16.65 lakh in FY2017 and is expected to grow at a CAGR of over 13% over the next three years to reach Rs. 24 lakh by 2022.
Eurokids, Kidzee, NIIT, Jaipuria, Shant Juniors, TIMTS, Doon School, Gait View technologies, Humming Bird Education and Sperowz Pre-School have made their way into the TOP 100 Franchise Brands List of 2019.
Amol Arora, Vice Chairman & Managing Director – Shemford Group of Futuristic Schools.
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