New Delhi: With an aim to increase its footprint across the education sector in India, Jaipuria Group of Educational Institutions are all set to come up with a chain of schools in the leading cities of Uttar Pradesh along with various tier I and tier II cities of Uttrakhand, Punjab, Haryana and Madhya Pradesh.
In this regard, Jaipuria Group plans to invest nearly Rs. 500 crore in increasing its footprint in the education space over the next five years.
The group has successfully been running Seth Anandra Jaipuria School at Ghaziabad, Hamirpur, Unnao Farrukhabad, Sushant Golf City Lucknow and at Alambagh Extension Lucknow, The Jaipuria Pre-School Kanpur, Jaipuria Institute of Management Ghaziabad and Jaipuria School of Business Ghaziabad.
The current expansion plan will be more focused towards the franchise model, however, in the next two to three years a shift in the franchise model can also be expected. The model will make existing schools to shift their loyalties based on the level of service offered and take up other brand names as well the market dynamics.
Jaipuria Group’s chain of Playgroups, ‘Little Ones’ has also been planned to expand both as a stand-alone entity and as a feeder to their existing schools.
“We believe that it is the most powerful medium of empowering the country because it is the young generation that works towards building the nation. To meet our growth needs, we will be investing heavily in augmenting our manpower, branding and marketing and upgrading the system’s backbone for a smooth and seamless delivery of service to our partner schools.
In terms of investment, we are currently planning to invest approximately Rs. 500 crore to meet the demand,” said Shishir Jaipuria, Chairman, Jaipuria Group of Educational Institution.