Indian sports economy exceeds $2 billion with cricket accounting for 89% More sports news.
File photo of the IPL trophy. India’s sports economy crossed the $2 billion mark for the first time, growing 13.4% year-on-year to $2.13 billion (Rs 18,864 crore). The industry has doubled in size in four years, with a CAGR of around 19%. Cricket accounts for 89% of the total recorded receipts, rising to 85% in…