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Online learning and tuition hikes to boost revenue, says Ind-Ra
The Business Guardian
|May 07, 2024
India Ratings and Research (Ind-Ra) has provided a positive outlook for the education sector for the financial year 2024-25, citing factors such as growing enrolments and increasing tuition fees per student as key drivers.
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The rating agency anticipates that the expanding middle-class income and the rising demand for quality education will lead to higher investments in infrastructure and facilities in educational institutions.
According to Ind-Ra, the growing prominence of digitalization, distance education, and e-learning content will play a crucial role in shaping the Indian education landscape positively. The agency also highlights the evolving group structures within the education sector, alongside increasing financing options such as private equity investments and government initiatives, as significant contributors to sectoral growth in the coming years.
This story is from the May 07, 2024 edition of The Business Guardian.
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