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    India's sports market to reach $130 billion by 2030, create 10.5 million jobs
    Image Source: IANS
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    India's Sports Market To Reach $130 Billion By 2030, Create 10.5 Million Jobs

    By IANS News November 14, 2024 • 17:30 PM View: 874
    Roma Datta Chobey: India's sports market is poised to reach $130 billion by 2030 at a compound annual growth rate (CAGR) of 14 per cent, a Google and Deloitte report said on Thursday.

    The report also projected the creation of up to 10.5 million jobs and $21 billion in indirect tax revenue by 2030.

    This growth -- nearly double the pace of India's GDP -- signifies a fundamental shift in how Indians consume and engage with sports, driven by increasing government investments, a rising trend of multi-sport culture, wide digital adoption, and a range of quality sports content, the report noted.

    TAGS Roma Datta Chobey Managing Director Interim Country Lead Google India Romal Shetty Deloitte South Asia
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