Global Schools Foundation, a Singapore-based Indian-origin company on Tuesday announced its interest in investing over USD 550 million in India’s school education sector, by 2026. GSF already experiences a massive presence in Bangalore, Pune, Ahmedabad and Noida, and has experienced a massive post-Covid surge in admissions from communities moving in between Indian cities and from families relocating back to India and vice-versa.
“It is imperative that GSF takes necessary steps in investing to provide guaranteed admissions to such relocating students across its networks with zero disruptions. The GSF global expansion plans to have India as one of its strategic growth markets, and plans to invest over USD 550 million in Indias school education sector by the year 2026,” Stated Executive Chairman and Co-founder of GSF, Atul Temurnikar at a press release.
As many non-residential Indian students from Southeast Asia, North Asia, Europe, the Middle East, the USA and the UK are relocating to major Indian metropolitan cities, GSF intends to expand its international curriculum and offer them in campuses in Hyderabad, Bangalore, Mumbai, Nagpur, Madurai, and Noida.
Noida chief executive officer, Ritu Maheshwari and GSF & Deputy chief financial officer Prafulla Rout signed the MoU. GSF is on a global expansion mission to expand its presence across Japan, Europe, India and the Middle East, to serve several communities in this region. GSF has a total of 35 campuses in 11 countries, educating 32,000 students from 70 nationalities.
