As per reports, the ODI World Cup 2023 could add $2.4 billion to the Indian economy
Indian fans keep cricket at the core of their hearts. After 12 riveting editions of the ODI World Cup, the 13th edition is all set to be exclusively held in India, and this is the first time that it will be exclusively hosted by India.
The Board of Control for Cricket in India, which is one of the richest boards, has left no stone unturned in their quest to make the prestigious event a spectacle to behold. As the tournament gets underway on Thursday, October 5, with defending champion England taking on New Zealand in Ahmedabad, the excitement in the air is quite palpable.
The World Cup will not only bring some of the finest cricketers around the globe to India but also benefit the country on the monetary front. As per economists, the 10-team tournament might boost the host country's economy by as much as 200 billion rupees. A lot of fans from around the world will come to India to cheer for their favorite teams, and this will undoubtedly bode well for the travel and hospitality sectors.
The economists predicted total Indian viewership for the tournament to be much more than 552 million in 2019, for both television and streaming platforms. A whopping revenue of Rs 10,500 crore to Rs 12,000 crore in TV rights and sponsorship could be generated “on a conservative basis."