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Friday, May 15, 2009

E-learning Outsourcing industry in India is expected to achieve revenue growth

The E-learning Outsourcing industry in India is expected to achieve revenue growth by $603 million by the end of 2012. The Compound Annual Growth Rate (CAGR) is expected at 15 percent per year, which might also waver till 2010 because of the global economic recession.......the growth rate of the e-learning industry will be slow for coming 6-8 quarters, but will attain its pace by then.....The e-learning industry earned a profit around $341 millions in the year 2008...... Prestigious institutions like Indian Institute of Management (IIM), Indian Institute of Technology (IIT) and Indian Institute of Foreign Trade (IIFT) are actively adopting e-learning courses... .... The greatest challenge faced by the players in the industry is the acceptance of the concept of e-learning amongst the people as they do not understand the value of the software for learning purposes......
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