IPL, a huge boost to Indian Economy

Media Advisory

IPL 2015 contributes INR 11.5 billion (USD 182 million) to India’s GDP: Suggests by KPMG Sports Advisory Group appointed by BCCI.

The total economic output associated with IPL matches in India for 2015 is estimated at INR 26.5 billion (USD 418 million). This is the aggregate value of all transactions that took place as a direct, indirect or induced effect of the economic activity of the 2015 matches.

All these in a span of 60 days. On an average of more than INR 2 billion per day.

IPL is an annual event with the 2015 season consisting of:

• 8 franchises with 193 world class cricketers

• 60 matches over 44 match days

• 13 host venues in 12 cities across the country

• 1.71 million spectators at the venues

IPL matches directly affected the economy of India in a variety of ways. With key stakeholder groups i) participating franchises
ii) organizers, and
iii) spectators contributing in various ways through employment and purchasing.

The 2015 season, saw around 20% of attendees visiting from cities other than the host city that is 34 lakhs spectators traveled to other cities only to watch matches. Also notable were international visitors primarily from the United Kingdom, Australia and South Africa.

It’s a huge impact for Indian Tourism and also for the Employment from various forms. Every IPL season, we see the increasing trend.

IPL 2016 is much awaited by Cricket lovers all over the world, in particular Indian cricket lovers with new 2 teams and shuffle in players among all the teams.

more IPL news @liveipl4u



-------------------*Count down starts*------------------

0 comments:

Post a Comment