World Cup 2023 generated total economic impact of Rs 11,637 crore to India

The International Cricket Council (ICC) recently published a detailed economic report on Wednesday, September 11, highlighting the substantial economic impact of the Men's Cricket World CupWorld CupWorld Cup 2023. This prestigious event, which took place in 10 major Indian cities, contributed an impressive USD 1.39 billion (Rs 11,637 crore) to India's economy. Running from October 5 to November 19, 2023, the tournament not only marked the largest in the history of the Cricket World Cup but also served as a catalyst for significant economic growth across various sectors.

The ICC, in collaboration with the Board of Control for Cricket in India (BCCI), made substantial investments in organizing the event. These investments, combined with a comprehensive stadium upgrade initiative led by state cricket associations, directly benefited numerous industries throughout India. The report emphasizes the potential of ICC events as drivers of economic development, demonstrating the tangible benefits of hosting globally significant events.

"The ICC Men's Cricket World Cup 2023 has demonstrated the significant economic power of cricket, generating economic benefit of USD1.39 billion for India. The event created thousands of jobs and showcased India as a premier tourist destination, proving that ICC events not only engage fans passionately but also contribute significantly to the economies of our host nations," ICC chief executive Geoff Allardice said.