The Indian retail industry accounts for over 10 per cent of the country's Gross Domestic Product (GDP) and around 8 per cent of the employment, making India the world's fifth-largest global destination in the retail space.
Globally, the concept for STEM initiative in education is already creating a buzz. STEAM is just an advanced form of STEM education initiative that deals with Science, Technology, Engineering, Arts, and Mathematics.
Science, Technology, Engineering, and Math, abbreviated as STEM, is a curriculum based on the idea of educating students in these four specific disciplines – not as separate and discrete subjects but as an interdisciplinary and applied approach.
Brands like INIFD Gurukul and Twin Win are already locking their focus on the new-age employees in modern India. These brands are offering quality and beneficial education, training, and knowledge that could turn out to be fruitful for employees in their respective fields and workplaces.
Accounting around 367 universities followed by 18,000 colleges and about half a million teachers, India is indeed a land of opportunities for entrepreneurs and investors interested in the education sector.
It’s mandatory to know and understand that just starting a business is not enough for assured success, especially in today’s competitive industry. One needs to plan in advance about the futuristic goals that could keep the momentum going in favour of the education firm.
Education business ideas like skill development centres, pre-school franchises, after-school training firms and others have gained immense popularity that has eventually developed curiosity among aspiring investors and educators.