Rs 11,637 crore! ICC report says ODI World Cup 2023 boosts India’s economy by a staggering $1.39 billion | Cricket News – Times of India

Rs 11,637 crore! ICC report says ODI World Cup 2023 boosts India’s economy by a staggering .39 billion | Cricket News – Times of India



NEW DELHI: The ICC Males’s ODI World Cup 2023 contributed USD 1.39 billion (Rs 11,637 crore) to India’s economic system, based on a report by the Worldwide Cricket Council (ICC). The event, held from October 5 to November 19, 2023, happened throughout 10 cities, together with Ahmedabad, Bengaluru, Chennai, Delhi, Dharamsala, Hyderabad, Kolkata, Lucknow, Mumbai, and Pune.
Tourism had a serious affect, producing USD 861.4 million from lodging, journey, and meals providers.Worldwide vacationers alone contributed USD 281.2 million. Roughly 19% of worldwide attendees have been visiting India for the primary time. The report additionally famous that 68% of worldwide guests would suggest India as a vacationer vacation spot.
A report 1.25 million spectators attended the matches, with practically 75% being first-time viewers of an ICC Males’s ODI World Cup. Media publicity offered USD 70.7 million in worth for companies and stakeholders.
The occasion created over 48,000 jobs in sectors like hospitality and occasion administration, producing an extra USD 18 million for the economic system. The broader affect throughout India, excluding particular host cities, was valued at USD 253.9 million.
ICC chief government Geoff Allardice stated, “The ICC Males’s Cricket World Cup 2023 has demonstrated the numerous financial energy of cricket, producing financial advantage of USD 1.39 billion for India. The occasion created hundreds of jobs and showcased India as a premier vacationer vacation spot.”
The World Cup is anticipated to have long-term advantages, as 59% of worldwide attendees expressed curiosity in visiting India once more. The success of the occasion additionally highlighted India’s capability to host main world sporting occasions, with optimistic implications for the nation’s economic system.







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