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India Equity Research Reports, IPO and Stock News
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India Equity Research Reports, IPO and Stock News
Visit http://indiaer.blogspot.com/ for complete details �� ��
Post-Conference Note
Education Sector Day
Opportunity continues …
Our one-day ‘Education Sector Day’ (19 December 2011) brought together 7 companies and over 40 investors, facilitating over 160 meetings – an average of about 25 meetings per company. Strong participation indicated that fund managers were interested in understanding prospects of the sector. The companies that participated had diverse business models covering all segments of the education sector.
m Demand robust: All companies were unanimous over opportunities in the Education space. Key insights from various companies indicated enough scope for growth in the existing education landscape as the quality of education was substandard. There was greater acceptance of services offered by corporates which are introducing technology to enhance quality of education by means of multimedia to schools and virtual classrooms, among others.
m Companies’ interest shifts to skill development: Companies were cautious on bidding for ICT related projects as the business model was felt to be weak with high collection periods. Among government initiatives, Public Private Partnership for skill development has become the area of interest of companies. Of the listed companies, Everonn Education (15mn youth) and NIIT (7mn youth) have entered into partnership with National Skill Development Corporation (NSDC) to train youth for various skills by 2022.
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