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INDIA’S 100-MEDAL HAUL AT THE ASIAN GAMES AND THE ONGOING CRICKET WORLD CUP ARE EXPECTED TO BOOST THE COUNTRY’S SPORTS EQUIPMENT MARKET. HERE’S WHAT THE DATA SHOWS:

Workers make cricket bats at a factory in Awantipora, Srinagar (Photo by ABID BHAT) Workers make cricket bats at a factory in Awantipora, Srinagar (Photo by ABID BHAT)
SUMMARY
  • $6.6 BILLION: Expected size of the Indian sports equipment market by 2027 compared to $3.9 billion in 2020-21
  • 82 PER CENT: Of sports goods made in India is manufactured in Jalandhar and Meerut. Together, they have over 3,000 manufacturing units
  • 60 PER CENT: Of sporting equipment manufactured in India is shipped to other countries

INDIA’S 100-MEDAL HAUL AT THE ASIAN GAMES AND THE ONGOING CRICKET WORLD CUP ARE EXPECTED TO BOOST THE COUNTRY’S SPORTS EQUIPMENT MARKET. HERE’S WHAT THE DATA SHOWS

SOURCE: INVEST INDIA

Published on: Oct 31, 2023, 12:36 PM IST
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