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<strong>IDP</strong><br />

<strong>Education</strong><br />

2010 South Asia<br />

Visit www.idp.com


<strong>IDP</strong> <strong>Education</strong> • SOUTH ASIA<br />

Countries under South Asia<br />

India, Sri Lanka, Bangladesh, Mauritius<br />

ECONOMY<br />

Figure 1. Percentage GDP Growth for South Asian Countries, 2008 to 2011<br />

Source: International Monetary Fund - WEO April 2010, July 2010.<br />

According to the July 2010 IMF forecast report, GDP growth in the key South Asian countries is forecast to<br />

grow moderately after declines in 2009, India from 5.7% in 2009 to 9.4% in 2010, Bangladesh showing no<br />

growth in 2010 at 5.4%, Sri Lanka from 3.5% to 5.5% and Mauritius from 1.5% to 4.1% in 2010.<br />

Figure 2. Offshore Visa Grants and AEI Commencements by Sector for South Asian Countries, 2008 to 2010<br />

Sources: Australian <strong>Education</strong> International – Standard Pivot Table, June 2010, DIAC Visa Grants data.<br />

(1)<br />

AEI Commencement data from 2008 to 2010 by financial year (July to June).<br />

(2)<br />

DIAC Visa data is Offshore Visa Grants by financial year.<br />

Of all the source countries in the Southern and Central Asia region, India still continues to be the largest<br />

source country for commencements into Australia. Commencements from India accounted for 18.9% of total<br />

commencements in FY2008, 21.0% in FY2009 and 14.7% in FY2010.<br />

DIAC offshore visa grants (across all combined sectors) have declined as follows between FY2009 and FY2010:<br />

India declined very strongly from 65,503 to 29,721 (-54.6%), Bangladesh from 4,265 to 3,476 (-18.5%), Sri Lanka<br />

from 3,763 to 2,774 (-26.3%) and Mauritius from 3,004 to 1,613 (-46.3%).<br />

Commencements (across all sectors) grew moderately between FY2009 and FY2010 for India from 60,060 to<br />

67,420 commencements (+10.0%) and Bangladesh from 2,997 to 3,511 commencements (17.2%). Countries to<br />

decline include Sri Lanka down -7.4% from 4,370 to 4,045 commencements and Mauritius from 2,840 to 2,319<br />

commencements (-18.3%).


SOUTH ASIA • <strong>IDP</strong> <strong>Education</strong><br />

Market overview<br />

India: Large, dynamic and steadily expanding, the Indian<br />

economy is characterised by a huge workforce operating<br />

in many new sectors of opportunity. India is a young country<br />

with one third of the population in the 15-35 age group and<br />

a median age of 25.3.<br />

The Indian economy is one of the fastest growing economies<br />

with GDP forecast to grow at upwards of 8% in FY 2011 and<br />

is the 12th largest in terms of the market exchange rate at<br />

$1,242 billion. In terms of purchasing power parity, the Indian<br />

economy ranks the fourth largest in the world. However, poverty<br />

still remains a major concern besides disparity in income.<br />

Bangladesh: The economy has grown 5-6% per year since<br />

1996 despite political instability, poor infrastructure, corruption,<br />

insufficient power supplies, and slow implementation of<br />

economic reforms. Bangladesh’s growth was resilient during the<br />

2008-09 global financial crisis and recession. Garment exports,<br />

totalling $12.3 billion in FY09 and remittances from overseas<br />

Bangladeshis totalling $9.7 billion in FY09 accounted for almost<br />

25% of GDP.<br />

Sri Lanka: Sri Lanka saw GDP growth average at nearly 5%<br />

in the last 10 years. Growth was 3.5% in 2009, still high despite<br />

the world recession. Sri Lanka’s most dynamic sectors are now<br />

food processing, textiles and apparel, food and beverages, port<br />

construction, telecommunications, and insurance and banking.<br />

About 1.5 million Sri Lankans work abroad, 90% of them in the<br />

Middle East and in total send home more than $3 billion a year.<br />

Mauritius: Mauritius has witnessed enormous development<br />

in the last decade. From an economy, dependent mainly on<br />

sugar, it has diversified its economic activities to the textile and<br />

apparel industry, tourism and financial services. Foreign Direct<br />

Investment has flowed into the country on account of the highly<br />

skilled labour force and very good infrastructure. The average<br />

economic growth was 5.6% over the last 3 years, while the GDP<br />

per capita has reached US$4000. All of this has resulted in a<br />

higher standard of living with the life expectancy rate at 71.4<br />

years, and adult literacy rate at 83 percent.


<strong>IDP</strong> Strategy in South Asia<br />

<strong>IDP</strong> <strong>Education</strong> India today has 14 offices across the country.<br />

The opening of three new offices in Coimbatore, Kolkatta<br />

and West Delhi in 2010 is part of the geographical expansion<br />

strategy and continuous focus on the Australian Higher<br />

<strong>Education</strong> market. With the decline in overall enrolments for<br />

Australia, it is important for <strong>IDP</strong> to gain greater market share<br />

from across the country which will in turn provide greater<br />

opportunities for Australian institutions.<br />

<strong>IDP</strong> India has invested in a range of web marketing activities<br />

to promote Australian education. The <strong>IDP</strong> India website has<br />

a live chat feature, where trained counselors answer student<br />

queries and send qualified leads to the nearest <strong>IDP</strong> office for<br />

further counseling and follow up. The <strong>IDP</strong> blog also hosts a<br />

series of comprehensive articles about Australian universities<br />

and courses.<br />

The introduction of the Central Assessment Centre (CAC)<br />

in <strong>IDP</strong> India has supported participating universities with<br />

application processing and issuance of offer letters. The<br />

turnaround time of 48 hours has improved conversions from<br />

application to enrolment for these universities.<br />

<strong>IDP</strong> India transitioned to becoming a multi-destination service<br />

provider in 2010 with the introduction of student services for<br />

the U.S. It is envisaged that this transition will increase the<br />

numbers of students in our offices and in turn opportunities for<br />

Australian education.<br />

<strong>IDP</strong> remains committed to Sri Lanka in the face of the current<br />

situation with the opening up of the economy, growth in upper<br />

and middle class segments leading to growth and distribution<br />

of wealth amongst a larger section of the population the<br />

number of students seeking an international education will<br />

continue to grow.<br />

In Bangladesh there is a shortfall of places in higher education<br />

for students who graduate with the higher secondary<br />

education certificate. The existing 81 universities are unable<br />

to meet the demand for higher education. As the University<br />

Grants Commission works at bringing positive reforms to the<br />

higher education sector the number of students seeking an<br />

international education will continue to grow.<br />

In Mauritius <strong>IDP</strong> is strongly committed to maintaining the level<br />

of Australia-bound students. A strong and open dialogue with<br />

clients and improving our levels of service to our students will<br />

be of paramount importance throughout 2011 and beyond. In<br />

view of the various challenges faced by Australian institutions,<br />

<strong>IDP</strong> Mauritius has already started to implement a series of<br />

niche marketing strategies and developing further PR activities<br />

and communication with media and corporate bodies.<br />

For more information on South East Asia contact the<br />

country websites:<br />

www.india.idp.com<br />

www.srilanka.idp.com<br />

www.bangladesh.idp.com<br />

www.mauritius.idp.com<br />

This publication is for general information only.<br />

Current as at October 2010.<br />

Visit www.idp.com

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