India has a sporting history dating back to the second century AD. The improvements in the sports industry are going to make India a sporting capital as well as a hub. The three most popular sports in the country currently are cricket, football, and field hockey.
India is home to seven multi-sport events and several single-sport tournaments, hosting many international competitions. The country has hosted or co-hosted the 1951 and 1982 Asian Games, and the 1987 and 1996 Cricket World Cup. India has also regularly hosted the Indian Premier League, a Twenty20 cricket tournament.
People all around the world are starting to recognize that India has the potential to be a powerhouse in sports. With the current level of talent in the country, India has the potential of producing top-quality athletes. More and more people are starting to recognize this. The next 5 years are going to be massive for Indian sports and we can expect the country to produce more top-class athletes and become a sporting capital.
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HOW INDIA WILL CONTINUE TO GROW IN THIS SECTOR?
India has always been a sport-loving nation and with the country’s growing economy and the rise of the sports sector, employment opportunities are on a rise too. With the likes of sports having a huge fan following, the sports sector and employment opportunities in sports are expected to grow. The love for sports has not only grown in the youth but also in the country’s population as a whole. It has become one of the most significant industries in the country. It is also one of the highest employment-generating sectors in the country.
FACTORS CONTRIBUTING TO INDIA’S GROWTH IN SPORTS MAKING IT A SPORTING CAPITAL:
- Mumbai finished as the top city in terms of sports technology investment in 2021 by a very large margin.
- Sports contribute around 5% to the GDP in other countries, whereas in India it contributes only 0.1% of the GDP.
- There was a huge increase in the valuations of Indian Premier League (IPL) franchises — with some now worth over USD 1B.
- Athletes are jumping into business ventures — such as cricket stars like Shikhar Dhawan who recently launched a $75M fund.
- Use of technology to promote sport to reach out to youth in rural or deprived areas of the country is on the rise.
All these wouldn’t be possible because of the GAMECHANGER.
GAMECHANGERS TO BECOME A SPORTING CAPITAL:
1. The IPL Model
Indian sports have experienced major change over the past few decades. The introduction of the IPL model has made more people interested and has changed the game completely. It began in 2008, and since then it has never looked back and has grown manifold in terms of popularity and value. A huge amount is pumped into IPL every season and it has reached heights every season.
2. SPORTS GOING DIGITAL
Digital technology has opened the gates to several opportunities in the sports industry and it can make India a sporting capital. It has the potential to draw fans towards it through innovation and creativity. Fans who are not in front of their TV can also watch matches from anywhere and at any time. They can also share their views and opinions and gain as much knowledge as possible about the events that are happening in the sports industry.
3. INTRODUCTION OF LEAGUE SPORTS IN INDIA
Premier Badminton League, and Indian Super League are a few examples of emerging league sports in India right now. All the necessary facilities are being provided to make people participate in sporting events and also help in the development of young athletes. They have reached great heights in terms of the commercialization of sports. It has promoted innovation and added greater value to the sports ecosystem.
EMPLOYMENT OPPORTUNITIES IN SPORTS SECTOR:
Looking at the sports industry, it’s only a few professions that catch our extreme attention, for example- an athlete. Still, there is a broad spectrum of sports-related interdependent jobs that are beyond this. Jobs across this tangent are expanding faster than ever, with new opportunities every single day.
So, let’s dive in and explore the various career opportunities available and decide which one is meant for you:
- commentators
- content creators
- media personnel
- software engineers
- athlete director
- medical assistant
- sports agent
- sports and fitness nutritionist
- sports data analyst
- sports psychologist
If India is converted into a global sports hub and termed as a sporting capital it will benefit a huge segment of the population.
The global sports industry is estimated to be around $700 billion which contributes around 1% of the world’s Gross Domestic Product (GDP).
We all know that India is the next big thing in the global economy and recently the buzz has been around India’s growing economic power and its potential to emerge as the next superpower soon. India has a huge population and if we look at the statistics, India is the second largest country in terms of population and the largest democracy in the world. India has a huge market and the growing economy is making it more attractive for global investors to invest in India.
India is a huge market for the sports industry and with the growing economy, the Indian sports market is also growing rapidly. India has produced some of the best sportspeople in the world and currently, India is the second largest producer of sportspeople in the world after China. Every year, India produces more sportspersons than many countries in the world. India has a huge potential for sports and if we look at the past, we can see that India has given some of the best sports people in the world.
With this blog team, Fitoverse has explained why India will be the next sporting capital, we hope you enjoyed our post about India will be the next sporting capital.
