pre school-a big business
Indian Preschool market to Double by FY 2018
Pre-school education in India was about $1b in the year 2012 (as estimated by ernst & Young) and growing at a compound annual rate (CAGR) of 35.While the vast majority of the education sector in India is restricted by not for profit caveats. The preschool segment is not as regulated, making an attractive destination for investors funds.
The increasing number of double-income families and demand for quality education for children are fuelling and growth of pre-schooling in the country and hence the demand of brandedPreschools is incresing day by day.
The funding required to start a preschool is sabstantially lower than the amount needed for higher education institues, which attarcts investors towards thsi segment.In a franchise model the initial capital cost to set up a pre school is 5-10 Lakhs.the best of entering Pre School business is that it is a relatively scalable business and does not require too much capital to scale up.