India is set to reap a significant financial windfall from hosting the ICC Men's Cricket World Cup 2023, with economists estimating that the tournament could boost the country's economy by as much as 220 billion rupees ($2.6 billion).
The World Cup, which is being held across 10 cities in India, is expected to attract large numbers of domestic and international fans. This influx of visitors is expected to generate substantial revenue for the travel, hospitality, and retail sectors.
In addition, the tournament is expected to boost India's image as a global sporting destination. This could lead to increased investment in sports infrastructure and the development of new sporting events.
The World Cup is also expected to have a positive impact on employment. The tournament is expected to create thousands of jobs in the hospitality, retail, and transportation sectors.
Overall, the Cricket World Cup is expected to be a major economic boon for India. The tournament is expected to boost the economy, create jobs, and enhance India's global reputation.
Here are some of the specific ways in which India is expected to benefit from hosting the World Cup: