The business opportunities in the education industry are tremendous and an entrepreneur can leverage on the opportunities available in the industry to attain good profit. The education industry in India is growing rapidly and holds an important place in the global education industry. India has approx 2 million schools with over 300 million students enrolled and more than 36,000 higher education institutes. Education is said to be the most proponent of civilization and industrialization and it creates different small and medium scale business opportunities for the entrepreneurs. With the increase of overall income, people are now willing to spend money for their children’s education. Furthermore, the technology-oriented courses are gaining in popularity due to the rising demand in these industries. Here are top 7 business opportunities in India for 2018 in the education industry.
Online Learning
The concept of online learning is gaining popularity rapidly. Universities all over the world are beginning to create online learning platforms for students all over the world. Creating an online platform that has teaching resources and aids available for free or for a little price can be a great business. You can also make money by selling advertising if you are keeping the resources free. All you need to do is to get the required license and documentation done by the government and you can successfully start your own degree/diploma awarding online school.
Language Class
Knowledge knows no boundaries. In a country growing rapidly in terms of technology and employment, you might get placed anywhere in the world. It is always beneficial to learn 2 or 3 languages to sustain in different geographical locations with people of various cultures and languages. As an entrepreneur, you should consider opening a language school as it one of profitable business in the education industry. You need to ensure that your language school is well located so that you can easily attract people who are interested in learning foreign languages.
Online Library
Online library is another platform wherever individuals can learn different subjects at a reasonable fee. The Internet has made it possible students from different regions to be registered within the same library. Online library (e-library) is a resource centre where you can study from the comfort of your home as long as you have got an Internet-enabled device (smart-phones, computers, notebooks, tablets et al). If you looking towards starting a business in the education industry, e-library is one of your options.
Martial Arts School
Martial art is gaining huge popularity in India and also profitable business in the education industry. In recent time, with the growing rate of all sorts of crimes like; kidnapping, rape, and so on in our society, it has become highly necessary for children and young adults to learn martial arts from an early age. As an entrepreneur, you can successfully start a martial art school small capital investment and can generate huge profits. However, it includes a wide range of styles like Boxing, Karate, Kung Fu, Kickboxing etc.
Dance & Music School
Music & dance school enjoys huge popularity in India making it another profitable education business to start. You will find numerous styles of dance in the country, though music is broadly classified into two categories: Vocal & Instrumental. Starting a music & dance school demands small capital investment. However, right planning and promotion are important to get overall success.
Play School & Crèches
If you are considering starting a business in the education sector, one of your best options is to start a play school or crèche. Working parents or even busy parents who have children, not of school age usually enroll them in playschool & crèches. Playschool is a very successful business in India. You can either start a school of your own or buy a preschool franchise.
Manufacturing
If you are looking for business opportunities to start in the education industry, you should consider manufacturing; there is a large market for this type of business. You can manufacture various essentials that are used by students and teachers alike, such as Eraser, pens, pencils, rulers, crayons, sharpeners, notebook, notepad, chalk, compass, markers, staplers etc.
