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Although the Indian team lost the 2023 ODI World Cup, it brought huge profits to India. KT11 will take you to know the details.
ODI World Cup 2023
The Mahakumbh of the ODI World Cup 2023 was played on Indian soil. But Team India lost the final match against Australia by 6 wickets. Due to this the dream of crores of Indians was shattered. Team India may have lost the ODI World Cup. But India has benefited from the ODI World Cup. According to a report released by the ICC on Wednesday, the 2023 ODI World Cup in India generated an ‘economic impact’ of $1.39 billion, with the tourism sector the biggest beneficiary.
ODI World Cup was played in 10 cities
The ODI World Cup was played between 5 October and 19 November 2023 in 10 cities in India. These include Ahmedabad, Bengaluru, Chennai, Delhi, Dharamshala, Hyderabad, Kolkata, Lucknow, Mumbai and Pune. The ICC report said that the ODI World Cup 2023 was the biggest cricket World Cup ever. Which contributed to development and proved important for India’s economy.
India got economic benefit of Rs 11637 crore
ICC Chief Executive Geoff Allardyce said in a statement that the ICC Men’s Cricket World Cup 2023 has demonstrated the significant economic power of cricket, generating an economic benefit of $1.39 billion (Rs 11,637 crore) for India. Tourism revenue of $861.4 million was generated in the host cities, which includes travel, food and accommodation. Because a large number of domestic and foreign tourists had arrived for the matches. The report claimed that a record 12 lakh 50 thousand spectators watched the World Cup in the stadium and about 75 percent of them came to watch the ICC 50-over match for the first time.
Tourism sector got a boost
According to the ICC statement, 55 percent of the foreign fans interviewed had visited India regularly before, while 19 percent of the foreign fans visited India for the first time due to the World Cup. Foreign travelers visited many tourist destinations during their stay, resulting in an economic impact of $281.2 million.
About 68 percent people said that they would recommend India as a tourist destination to their friends and family members in future, which would further improve India’s global image. The report said more than 48,000 full- and part-time jobs were created through direct participation in organizing the tournament, as well as by other organizations in the hospitality sector.
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