In September 2022, official approval from India was granted to the India-UK MoU pertaining to the mutual recognition of academic qualifications. And not so surprisingly, it is the elite British schools that are displaying a proactive approach in implementing the MoU by establishing their branches across India.
King’s College, UK, has announced that it will invest $750 million in India in the coming years. The UK-based college is committed to opening a series of ‘quality’ British schools across the country.
Harrow School, a 450-year-old institution from Greater London, opens its Bengaluru campus in August. India-based Amity Education Group has partnered with Harrow International School to open branches in India and New York.
The UK’s Wellington College International will open its first premium school in Pune in partnership with India’s Unison Group.
The UK’s largest co-educational boarding and day school, Millfield School, is also in talks with local partners to open its schools in India. The US-based Rutgers Prep School also plans to set up four American Eduglobal Schools with an Indian partner.
The Global Schools Foundation (GSF), a Singapore-based company, announced a $550 million investment in India in 2022. It tied up with Silver Oaks International School in Bengaluru to open two campuses and bought out Glendale Academy, a Hyderabad school chain, for Rs 400 crore.
The fee of Harrow’s Bengaluru school for Grades 6 to 11 is about Rs 17.5 lakh for tuition and another Rs 4 lakh for boarding, totaling around Rs 22 lakh. WCI Pune offers seats from nursery to Class 6, with the annual fee ranging from Rs 6 lakh to Rs 14 lakh.
Two key factors have fuelled the global education enterprise’s interest in India: a rising affluent class in the country and the fading charm of China—a preferred destination for many international school brands for the last decade.
(This article has been compiled from the tweet thread posted by @Anuraag_Shukla on June 30, 2023, with minor edits to improve readability and conform to HinduPost style guide)
