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MKCL Industry Overview Industry Statistics •A learning system based on formalized teaching but with the help of electronic resources is known as E-learning. While teaching can be based in or out of the classrooms, the use of computers and the Internet forms the major component of E-learning. •India holds an important place in the global education industry. India has one of the largest networks of higher education institutions in the world. However, there is still a lot of potential for further development in the education system. •With 26.3% of India’s population in the age group of 0-14 years, India’s education sector provides numerous opportunities for growth. (Click For more: - MKCL IPO) About MKCL Products & Services Enabling Programs: •Corporate Management Program (CMP) •IT Infrastructure Development and Management Program (IT Infra-DMP) •Customer Relationship Management Program (CRMP)
•Learning Innovations Program (LIP) •Educational Transformation Program (ETP) •Artistic Creations Program (ACP) •Network Partnerships Management Program (NP-MP) Business Development Programs: •Knowledge Lit Skills Development Program (KLSDP) •Knowledge Lit Careers Development Program (KLCDP) •Mission-Mode Skill Development Program (MMSDP) •Digital University Business Development Program (DU-BDP) •eGovernance Business Development Program (eGov-BDP) •International Business Development Program (I-BDP) •Products in New Exponential Technologies Business Development Program (ProNExT)(MKCL Growth) MKCL Government Initiatives •In April 2021, India along with Bangladesh, Brazil, China, Egypt, Indonesia, Mexico, Nigeria and Pakistan joined the United Nation’s E9 initiative. •According to Union Budget 2021-22, the government allocated INR 54,873 Cr. for Department of School Education and Literacy, compared with INR 59,845 Cr. in Union Budget 2020-21. •Under the Union Budget 2021-22, the government has placed major emphasis on strengthening the country’s digital infrastructure for education by setting up the National Digital Educational Architecture (NDEAR). MKCL Opportunities •India has the world’s largest population of about 50 Cr. in the age bracket of 5-24 years, which provides a great opportunity for the education sector •The country has become the second largest market for E-learning after the US. The sector is expected to reach INR 14,308 Cr. by 2021 with around 1 Cr. users. In India, the online education market is forecasted to reach INR 84,680 Cr. by 2026. •As the pandemic continues, online education and training has become a large opportunity point in the country, the scenario provides company with an opportunity develop products specific to serve people in this scenario. Get More at: - MKCL Share Price