India has the world’s largest population of about 500 million in the age bracket of 5–24 years, which provides a great opportunity for the education sector. Today, Our Country has become the second largest market for E-learning after the US.
Aside from this, let’s find out what future holds for thousands of small, medium coaching institutes in India in 2021 and beyond, since 2020 disrupted many things, including the coaching industry.
But, let’s first take a look at their top names in India now.
So, the names of the best and top coaching and test preparation institutes and centres for CAT, MAT, XAT, IAS, IIT JEE, MBA, AIEEE, PMT, CLAT, NDA, CA, CS, NIFT, GMAT, GRE, TOEFL, IELTS, LSAT, SAT, SET, NMAT, SNAP, Bank PO, Civil Services, Tenth Board, Twelfth Board etc.. are Vibrant Academy, Bansal Classes, FIITJEE, Narayana, Allen Career Institute, Vidya Mandir Classes, Aakash Institute, Resonance, Mesorise Academy, Omega Classes, TSRCC, TIME and there are thousand others, which are not quite well known.
Before the pandemic, the industry of coaching /tutoring was booming exponentially . As per the recent India Brand Equity Foundation Report, there certainly lies a large and fast growing market for coaching and tutoring services through online calls,con-calls-teaching, video conferencing, by using telegram and zoom application and other innovative services.
Since teaching in the school segment is anticipated to grow (from US$8 billion in 2011 to US$26 billion by 2021), a flourishing and indomitable industry of coaching will unquestionably exist provided the correct strategy is actioned, Opines Hirav Shah, Business Astrologer and Strategist.
Beacon Of Hope For Coaching Industry in India
When the coaching industry in India got disrupted, the businesses of the institutes in the real India (rural, semi-urban and town area) were rattled ; Reason being even today, lakhs of students don’t have mobile phones. Even if they do, there is hardly any network in their domicile. Also, most teachers and professors are not very well versed with the online-techno adaptation. Hence, all of these and the act of students, now physically going to the centres has become worrisome for parents since they obviously fear that their children could contract the virus due to lack of social distancing norms etc…
But, there is a silver lining now amidst the dark now.
Strategy Is The Key: Yes, Hirav Shah’s marvellous strategies(as mentioned below) have been ‘life & business’ changing for many including coaching institutes !!
Hirav Shah examines the GAP between the Actual Goal and Potential Revenue and comes up with an extraordinary actionable strategy.
2. SWOT Analysis
To address weaknesses, deter threats ; to capitalise on opportunities and take advantage of strengths, Shah carefully analyses SWOT for the struggling business of coaching and any other trade too.
3. Estimated Income
The most amazing thing for any business owner or investor is to know the business’s estimated income, that to, in advance for the next 6 months or 1 year. And, this is the “Hirav Shah factor” that is unique, distinctive, incredible and life-changing and yes, its happening for the very first time in the whole world.
And guess what, Celebrated Business Astrologer cum Astro-Strategist, Hirav Shah is just a “Question Away From You“.
Hirav Shah concludes by Quoting “An AstroBusiness Analysis can aid any small, medium or large business, by helping the business owners /entrepreneurs get the results in advance, thereby providing a clarity to them, as to where they want to go and also guidelines on the chances of getting there !!
In fact, today things can indeed get crystal clear, less confusing and ensuring due to an AstroBusiness Analysis“