Education and Human Resource

The Indian education sector is at a crucial stage in its growth phase. The country’s demographic advantage of a large young population coupled with low gross enrolment ratios (GERs) presents a huge opportunity to players in the education sector. We have played a pivotal role in assisting organizations in optimizing their entry and growth strategies, forming successful joint ventures along with complete transaction support and IT enablement services. As an integral part of the PwC global education network, we have access to industry specialists in over 140 countries. Our core cross-functional team comprises professionals from various fields including tax, regulatory, corporate finance, and strategy who analyze client problems in a more holistic and detailed manner. With a median age of 25 years, India has over 550 million people below the age of 25 years. According to Census figures, over 32 per cent of the 1.1 billion populations is between the age group 0-14. This means that the number of people in India needing primary and secondary education alone exceeds the entire population of the USA. Since these students will be seeking higher education in India over the next decade it illustrates the sheer size of the Indian education market. Presently about 11 million students are in the Higher Education system. This represents just 11% of the of the 17-23 year old population. The government hopes to increase this to at least 21% by 2017 a target which still falls short of the world average. With the emergence of India as a knowledge-based economy, human capital has now become its major strength. This has put the spotlight on severe inadequacies \ of India’s infrastructure for delivery of education, particularly higher and vocational education

Policy Regime

• ● 100% FDI in education allowed through automatic route. • A high-powered advisory body - National Knowledge Commission (NKC) set up
• ● NKC recommendations tremendously successful in increasing Government’s focus and plan outlay on education.
• ● NKC has recommended that the number of universities increase from the present 370 to 1500 by 2015, considered a highly ambitious target, but inadequate to meet demand for quality education.
• ● Government has identified expansion, inclusion, and rapid improvement in quality throughout higher and technical education system as the core focus of its 11th Five-Year Plan (2007-12
• ● For higher education, an expenditure of USD 37.13 billion has been projected to achieve the proposed objectives during the 12th Five Year Plan (2012-17).
• ● In December 2010, AICTE notified regulations for grant of approval of technical institutions. The AICTE permitted Section 25 Company to act as a sponsoring body of a technical institute with the rider that no foreign investment (directly or indirectly) will be permitted in such a company.

Major Players of the Industry

There are a number of major players in the education industry in India

• ● NIIT
• ● Aptech
• ● Jetking Info-train
• ● Siemens
• ● CMS Computers
• ● SQL Star
• ● MAAC
• ● New Horizon
• ● Educomp solution

Legal services of Preach Law LLP

The firm provides advice on cutting-edge issues that cover multiple legal and business disciplines. Our expertise and understanding of the business is the foundation for providing full range of legal services including

• ● Arbitrations & Litigation
• ● Foreign Investments
• ● Regulatory
• ● Structuring
• ● Offset policy
• ● Statutory Compliances
• ● Joint Ventures
• ● Contracts
• ● Teaming Agreements
• ● Auction/Bid Management etc
• ● Tax & Regulatory Structuring
• ● Sourcing/Supply and Service Agreements
• ● Regulatory Approvals/Representations
• ● Advisory Services
• ● Information Technology Enablement
• ● Review/Appeal of Administration Decisions