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Summary:

The Indian edtech market, currently valued at Rs. 64,875 crore (US$ 7.5 billion), is expected to reach Rs. 2,50,850 crore (US$ 29 billion) by 2030. Despite challenges such as funding cuts and governance issues, growth is driven by rising aspirations, stronger digital infrastructure, and a shift toward online learning. The industry benefits from middle-class aspirations, a competitive labor market, and increasing awareness of global education standards, all contributing to personalized learning experiences.

 

By 2029, India's edtech sector is predicted to contribute 0.4% of GDP, up from 0.1% in 2020. Hybrid learning, localized content, and skill development will fuel this growth. Although funding rose in 2024, it remains below 2022 levels due to macroeconomic concerns. By March 2024, India had 954.4 million internet subscribers, with growth in tier II and III cities. Emerging technologies such as AI, gamification, and AR/VR will personalize learning experiences, despite the high GST.

 

Source: IBEF

 

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