The India Online Education Market, valued at $2.1 billion in 2021, is projected to grow to $8.4 billion by 2032, indicating a Compound Annual Growth Rate (CAGR) of 12.0% between 2022 and 2032.
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In order to improve student engagement during online classes, educators can implement a variety of interactive teaching techniques. Incorporating live polls, quizzes, and breakout sessions encourages active participation and helps maintain student attentiveness. In an exclusive conversation with ETNowNews.com, PK Samal, Founder and Managing Director, Edovu Ventures spoke on sustainbility and promotion of online education in India.
Q1. Is online education sustainable in India for long term?
Yes, online education is sustainable not in India only but also a worldwide need after COVID-19 for the long term. With increasing internet penetration, technological advancements, and changing educational paradigms, online education offers flexibility, accessibility, and scalability, making it a viable solution to meet diverse learning needs and bridge educational gaps across the country. According to the reliable source The India Online Education Market, valued at $2.1 billion in 2021, is projected to grow to $8.4 billion by 2032, indicating a Compound Annual Growth Rate (CAGR) of 12.0% between 2022 and 2032. This substantial growth reflects the increasing demand and adoption of online education platforms in India.
Q2. Can online education completely replace the traditional offline schooling in India?
Indeed, every aspect of education, whether online or traditional, has its own set of pros and cons . While online education offers flexibility and accessibility, it may lack the social interaction and hands-on learning experiences provided by traditional schooling. Conversely, traditional schooling fosters interpersonal skills and practical knowledge but may lack the convenience and personalized learning options of online platforms.Each method complements the other, catering to different learning needs. Striking a balance between the two can ensure a well-rounded education, combining the strengths of both approaches for optimal learning outcomes.
Q3. It has been observed that students are not as attentive in online classes compared to offline classes. How will you overcome this?
In order to improve student engagement during online classes, educators can implement a variety of interactive teaching techniques. Incorporating live polls, quizzes, and breakout sessions encourages active participation and helps maintain student attentiveness. Furthermore, creating a supportive learning environment and utilizing engaging multimedia content enhances the overall learning experience. Additionally, providing regular feedback and encouragement fosters student motivation and ensures sustained focus throughout the online sessions. Moreover, integrating cyber security education into online learning curriculum is essential to equip students with the necessary skills to navigate the digital landscape safely. Teaching cyber security concepts such as safe internet browsing practices, protecting personal information online, and recognizing and avoiding online threats can empower students to make informed decisions and protect themselves in the digital world.
Q4. Do you believe that promoting online education will lead to a digital divide?
Promoting online education can also increase the digital divide if not addressed inclusively. Efforts to bridge this gap through subsidized devices, internet access, and digital literacy programs are essential to ensure equal educational opportunities for all.
Q5. Edovuventure has been successfully working towards the betterment of the education system. Five years down the road, where do you see Eduventure quantitatively?
Edovu Ventures’ educational groups projected 500 CR over the next 5 years, demonstrating their unwavering commitment to fostering growth and innovation in education. Also expanding its three flagships K12 , American Edu Global School and eduXLL . K12 Online Schools extends its reach to the USA, Australia, and New Zealand, offering a curriculum blending Cambridge and Indian standards. Expanding into global higher education, eduXLL partners with esteemed institutions worldwide, including IIT Bombay and IPA Business School. Collaborating with Jeff Goldberg Studio enhances offerings in performing arts. American EduGlobal School, in collaboration with Saddle River Day School, expands to Sirsa, Lucknow, and Pune. Edovu Ventures forecasts ambitious growth, reflecting commitment to educational innovation and excellence.
Q6. In your opinion, is a country like India ready for online learning? How will eduXLL play a role in this?
Before the pandemic, no one could imagine an alternative to traditional schooling. But post-pandemic, online schooling became the only way out. It is a fact that due to Covid-19, all schools, colleges and universities shifted to online classes as this was the best possible solution And initially, it took both students and teachers to get used to the system, even parents. But eventually, with time, both teachers and students started to get used to the new mode of education and started benefitting from them. If we see the present scenario, not all students and teachers would prefer online education over offline schooling, but soon some advantages surfaced likes transparency, accessibility to resources through portal & flexibility of classes. Many initiative taken by Indian government for online education such as SWAYAM (Study Webs of Active Learning for Young Aspiring Minds), e-Pathshala, DIKSHA, etc. Digital education has the potential to revolutionize the entire education sector of the country and transform India into a knowledge economy.
eduXLL will play a pivotal role by offering a user-friendly platform with diverse online higher education and education course options, personalized learning experiences, and accessible resources. This will democratize education, empowering learners across India to thrive in the digital age.
Q7. The recent collaboration between Denmark and India by eduXLL, what do you feel are the similarities and differences between the education imparted in India and abroad?
The collaboration between Denmark and India through eduXLL not only fosters cultural exchange but also promotes educational innovation. While Denmark emphasizes creativity and critical thinking, India prioritizes academic excellence through rote learning and exam-based evaluation. By bridging these approaches, students from both countries benefit from a holistic education that enhances creativity, critical thinking, and academic excellence. Indian students gain exposure to innovative teaching methods, while foreign students gain insights into India’s rich cultural heritage and diverse educational practices. This exchange prepares students from both nations to tackle global challenges effectively. eduXLL aims to provide Indian students with affordable access to global opportunities for academic and professional advancement.
Q8. What are the future plans for expansion and how do you think the students of India will benefit from it?
Edovu Ventures’ and its flagships K12 online education, American EduGlobal School and eduxll will ensure broader education opportunities, innovation and advancement in education Students benefit from expanded global access to K12 Online Schools, receiving a diverse curriculum.K12 Online Schools are currently in 40 countries also expands globally to the USA, Australia, and New Zealand, offering Cambridge and Indian curriculum. Our mission is to touch all over the world for creating best opportunities for students with affordable accessibility and access. We are delighted to announce the expansion of our second flagship American Edu Global School educational network with the establishment of new campuses in Sirsa, Lucknow, and Pune. Building upon the success of our second flagship American Edu Global School in Ghaziabad, we are thrilled to bring our esteemed educational offerings to these vibrant communities. eduXLL ventures into higher education, partnering with prestigious institutions like IIT Bombay, IIM Rohtak, IIT Chennai, Danish Consortium Denmark, and IPA Business School. American EduGlobal School extends its legacy from Saddle River Day School, USA, inaugurating new campuses in India. Edovu Ventures forecasts 500 CR growth, affirming commitment to education innovation and advancement.
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