CHENNAI, June 13 (Reuters) - UK-based Pearson
plans to boost its workforce in India by about 43% to 2,000, an
executive told Reuters on Friday, months after the education
firm named India one of its top three priority markets globally.
"We will invest significantly in India. We have got three
very strong locations and we want to grow in all of these
different locations," said Vishaal Gupta, president of
enterprise learning and skills division and chair of India at
Pearson.
Pearson India operates in education and assessment markets,
targeting school goers, students aspiring for colleges overseas
and corporate professionals.
The company will hire across various functions, including
local business operations and global tech, over the next three
years, Gupta said, while ruling out the launch of any new office
location. It currently has offices in Noida, Bengaluru and
Chennai.
Pearson's shares hit a 10-year high in February after
the company reported a rise in profit and said deploying AI
would help deliver more growth in 2025.
India's ed-tech market, which was valued at $7.5 billion in
2024, is projected to grow more than three-fold to $29 billion
by 2030, according to a Grant Thornton report.
In India, Pearson competes with IDP Education ( IDPUF ) and
Educational Testing Service in overseas education segment, and
with Upgrad and Coursera ( COUR ) in the digital-learning
market.
Gupta said the company will focus on government, Indian
conglomerates and global capability centers, where a shortage of
skilled workers poses a challenge amid growing demand for AI
upskilling.
Global capability centers, commonly known as GCCs, are local
offices set up by large global companies in India to support
their global parent in daily operations, finance, R&D and
product development functions.
GCCs are projected to contribute 2% to India's GDP by 2030,
according to ICICI Securities, up from less than 1% currently.
(Reporting by Praveen Paramasivam, writing by Sai Ishwarbharath
B; Editing by Saumyadeb Chakrabarty)