India also tops in the world when it comes to education. The country is witnessing significant economic growth and an increase in demand for more management graduates, engineers, computer engineers and others. The participation of private sector has been increasing with great opportunity in this sector. As per a recent report from FICCI on the participation of private sector in higher education in India, the country has seen huge growth to become one of the largest higher education systems in the world.
When there is no official estimate about the population of teachers in the country to be required by 2020, the IIT pegs a rough estimate according to which India needs over 4.2 million faculties to teach around 42 million students for higher education. The nation has huge shortage of lecturers on higher education level. So, it leads to a huge gap between demand and supply.
At SAG Group, we have been following the sector closely and tuned into the dynamics of operating and challenges in this sector. With the steep gap between supply and demand, educational institutions are gradually coming forth and looking for consultants to retain/recruit the skilled talent.