The Growth of Coaching Institutes in India

Coaching is the act of giving special classes in sports, in a school subject or a work-related activity, especially to one person or a small group.

Generally, we see a pattern in the type of coaching industry thriving in a particular region. In developed nations, coaching institutes for academia is not that popular as it is in India. One reason for this is the better qualities of education in the developed countries are sufficient to cater to the academic needs of the students which is not the case in India. Another reason for this is the rising demand for the limited number of seats in India’s elite colleges like IITs and AIIMS which have led to the exponential growth of coaching institutes in India.

Coaching Industry in India

The share of the education sector in India was 91.7 Billion USD in 2018, which has risen to 117 Billion USD in 2020 and continues to expand. The coaching industry alone contributes approximately 3.5 billion USD to this, which is huge considering there are various types of educational institutes in the country including schools, colleges etc.

Most parents understand the crucial role of coaching in their children’s future. They feel that it helps their children in solidifying their knowledge which is not possible by schools alone. Coaching institutions also enhance the conceptual learning of the students which is very crucial for their selection to prestigious institutes like IITs, AIIMS or IIMs. It is the trust of parents who are willing to pay exorbitant amounts of fees for their child’s education, coaching institution as an industry is witnessing massive expansion.

 

Famous Coaching Institutions in India

Although there are lakhs of coaching institutes in India, but, some of them have outgrown and have established themselves as big brands. It is a dream for many of the students to get into any of these coaching institutes while preparing for the exam as they have a good reputation in the education market for the selection of a particular kind of exam. Students often find them as a more secure choice compared to the other options out there.

Growth of Indian Coaching Institutes

As per the reports from IBEF, India is the second-largest market for e-learning after the US. Since digitalisation is growing and reaching every nook and corner of the country, the e-learning market is expected to get even stronger in the coming years. The e-learning sector is expected to reach US$ 1.96 billion by 2021 with around 9.5 million users. Thus, coaching industry is projected to grow in the near future as well.

While the coaching institutes are growing, their reach is limited only to bigger cities as of now. The greater part of these classes are running in metro cities like New Delhi, Mumbai, Kolkata, Hyderabad, Bangalore, and Chennai which are favoured for common administrations, law, and chartered accountant examinations. On the other hand, Jaipur, Chandigarh, Kota, and Pune are favourable destinations for engineering and management exams.

Another thing to notice is that a significant number of the best educators of presumed schools and universities have found employment elsewhere and taken up private training; the straightforward explanation being that the monthly payments of a good mentor is higher than a school teacher. Consequently, we find that mentors in coaching institutes are the best in their work, which is a benefactor in growth of these institutes.

Private mentors charge anything between INR 500 to INR 4,000 every hour for each student depending upon the cities and the subjects, which for multiple educational subjects costs between INR 1,000 to INR 6,000 every month to a student. Thus, there is a very huge earning potential for private tutors.

Factors behind the Growth of Coaching Institutions

As discussed above we have found that coaching institutes has been growing exponentially and will continue so in coming times as well. The factors that are causing this growth have been discussed below:

  • Robust Demand: India has currently 250 million school going students as per IBEF report. This presents coaching industry a huge market for growth.
  • Competitive Advantage: India has competitive advantage to its counterparts due to large English speaking population. This allows easy delivery of educational products for students to access.
  • Increasing Investments: The education market in India is expected to amount 225 billion USD in FY25. Ed-tech market in India is also projected to reach 10.4 billion USD in 2025. This will be major factor behind the growth of coaching institutes.
  • Exam Anxiety: The test fear is a significant attribute for trying out training classes. These classes are viewed as the most widely recognized arrangement among youngsters who need to exceed expectations scholastically.
  • Extra Push: Even the most elite understudies have the opportunity to get better. And coaching institutes are known to provide this push.

Expected Growth of Coaching Institutions In Future

India’s coaching institutes have an incredible opportunity given that around 580 million of the country’s populace lies in the age group of 5-24 years making it the largest population in this particular age bracket. This large market comes with the lots of opportunity for the education sector in general and coaching institutes in particular. India’s education sector is expected to reach $225 billion by 2025.

Expanding web infiltration will help in training conveyance. India has more than 250 million school-going understudies, which is more than the entire population of several nations. It has probably the biggest system of education establishments in the world.

Why Coaching Federation of India?

We, at Coaching Federation of India, being the consortium of Coaching Institutes, teachers and other industry leaders have taken the initiative to improve learning outcomes for students in their core subjects, in addition to helping students with their soft skills, and other subjects relevant for their test preparation, through our centralized platform for teachers and coaches.

We present to you, www.coachingfederationofindia.com creating a robust network that bring together best of teachers and coaches from all across the country in a one-stop-portal for students and institutes.  This website consists of an in-built matching algorithm that maps students to available courses and accredited coaching institutes* that can deliver coaching through any or all of the following modes: offline(in select geographical locations), online and mobile (A robust Live learning platform for students who can learn the entire class live with interaction or on a virtual platform and for those who wish to ask their queries, discuss problems, clarify concepts through an Android platform using chat & video calling). The online modes are available in desktop as well as on a mobile.  Self-reflection is to be an integral part of this learning process, and students will be provided with an opportunity to name and celebrate their academic takeaways for individual learning experiences.

This will provide the teachers with valuable data about their students that can help in a virtual feedback loop while designing lessons and assignments, and differentiating instruction between students.  The Coaching Federation of India will share standard course plans and online tests for various entrance exams with the teachers and institutes to aid in this endeavour in order to provide uniform course delivery across the country through its accredited institutions.

A separate portal www.coachinghelpline.in will independently take care of any inquiry about courses, institutes, authentic results and any other queries relating to the standards that are being maintained by various institutes and categorized according to the accreditation standards that are being followed by the Coaching Federation of India. You can find the List of Accredited Coaching Institutes for various examinations for admission to leading colleges, universities or even employment or job oriented courses across the coaching domain.

Go ahead and choose the course and the institute that suits your requirement, pace and accent. Don’t be chosen.

Founder Members & Directors

Mrityunjay R Narayanan

President

Ashish Gambhir

Vice President

Krishna Chaitanya Kasula

Secretary

Himanshu Pandey

Vice President

Vaibhav Bakliwal

Vice President

Prakash Karamchandani

National Director – Membership & Fund Raising