Education Franchising on growth Trajectory in India
India’s ever growing middle class, upper middle class people looking for various education options. There is surge in demand for the educational courses, new institutes for new courses. Right from pre schools to coaching institutes, higher education institute, vocational courses every one is in the mode of expansion.
This has certainly given options for new entrepreneurs, business people to have franchise of the education institute. Education institutes are trying to expand in tier 2, tier 3 cities and rural India. So in this way institutes are trying to reach out to prospective students instead of students need to come to big city for the education. This is definitely encouraging trend. Now students will find it easier to approach their institute.
Education Franchising is popular in the sections of Pre School, Nursery Schools, Private coaching institutes related to MBA Entrance, IIT Entrance etc. There is also new trend of franchising related to very specialized courses related bio tech, graphics, animation is also getting lot of interest.
This trend is certainly going to create positive impact on jobs creation across all levels in the education sector. With franchise base expansion of the institutes across rural market, tier 2/3 cities, local community with be able to get jobs and it will have positive effects on economic growth of the India.
ePravesh provide innovative mechanism to manage administration of the franchise network under central control. This leads to various advantages like better control, decrease in revenue leakage , better administration, accurate and centralize information.