Economic impact of 2023 ODI World Cup on India Rs 11367 crore – LIVE HINDI KHABAR

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Tezzbuzz|29-09-2024

Latest News :- According to Nielsen's economic impact assessment, the 2023 ICC Cricket World Cup in India has generated a huge economic impact of $1.39 billion (Rs 11,367 crore), the ICC said in a statement. According to ICC, the tourism industry has benefited greatly from this. Nielsen says the 2023 World Cup will have the largest economic impact of a World Cup to date.

The ICC Men's World Cup 2023 has demonstrated the remarkable economic power of cricket. This resulted in an economic benefit of US$1.39 billion (Rs 11,637 crore) to India,” ICC Chief Executive Geoff Allardyce said in a statement. The report also said, “Due to the large influx of domestic and foreign tourists who came to watch the Games, the cities where the Games were held generated revenues of $861.4 million from accommodation, travel, transportation and food and beverages .

But the ICC is not clear on whether this huge economic impact value is actual revenue or not. World Cup matches were watched by a record 1.25 million viewers. According to the ICC report, about 75 percent of them were coming to watch an ICC 50-over match for the first time. The ICC report also said that around 48,000 full and part-time jobs have been created by the ICC World Cup in the hospitality sector and other sectors.

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