Market Context

India Is an Institutional-First Market

India is one of the largest sources of outbound students globally, yet the ecosystem remains highly fragmented and agent-led.

43.3M

Higher-education students in India (UG + PG)

Source: AISHE 2021–22, Ministry of Education

1.33M
Indian students studying abroad
Source: Ministry of External Affairs, Govt. of India (Parliament Reply,
                        2024)

760,000

Indian student departures (annual)

Source: Bureau of Immigration, Govt. of India

$3.5B

Education remittance from India

Source: Reserve Bank of India – LRS Data (FY 2023–24)