The education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19
India holds an important place in the global education industry. India’s education sector offers great potential for entrepreneurs thinking of venturing into the education business.
Listed as one of the wealthiest cities in India, Chandigarh is emerging as the education hub. The union territory is common capital of the state of Punjab and Haryana, thus attracting students from both the states.
With a per capita income of ₹ 99,262, Chandigarh is one of the profitable cities to start a business. The city is home to many higher education institutes, coaching centres, academies etc. Thus, starting a business in the education sector can be a thriving business opportunity. Moreover, the education sector in India is estimated at US$ 91.7 billion in FY18 and is expected to reach US$ 101.1 billion in FY19. Here is the list of some profitable business ideas that will yield you huge profits in Chandigarh.
The trend of pre-schools has been there in India since quite a few years. Parents want to give their child the best possible education right from the kindergarten age. They believe that establishing a good education base will benefit the kids in future.
This is the major factor which is driving the Pre-school Industry in India. Owing to higher disposable income and the desire to provide their kids with the best education, starting a pre-school franchise can be a valuable business move.
TOEFL/ IELTS Coaching Franchise
International students and workers must take a standardized test of English to move into higher levels of education and employment. There are majorly two popular tests that universities or employers can use. They are the Test of English as a Foreign Language, TOEFL and the International English Language Testing System, IELTS.
Since it’s one of the most common rituals of students living in Punjab to Canada or London for higher studies or employment, it is necessary for them to clear TOEFL or IELTS to get admission there. Hence, starting a TOEFL/IELTS Coaching in Chandigarh will reap you huge profits.
Sports Academy Franchise
Chandigarh is a proud producer of some of India’s best sports player. People in Punjab and Haryana are increasingly inclined towards sports and athletics. The city is common ground for many sports ranging from Cricket, Football, Table Tennis, and Archery etc. Many personalities such as Milkha Singh, Kapil Dev, Yuvraj Singh, have excelled in sports from this region.
Thus, starting a sports academy can be like hitting the bull’s eye in modern business Industry.
Those who want to start their own business or take up franchisees can join in the FRO 2019, happening in Chandigarh on 19-20 January, to know more about the franchise business, financial advice, and business advice from the experts. Meet the investors personally and participate to change the small world of business.