Rs 11,637 Crore: ICC's Mega Claim On What "Economic Benefit" India Got From World Cup
ICC Claims India Earned Big From 2011 WC
The ICC has claimed that India earned a staggering amount of money from the 2011 Cricket World Cup. According to the ICC, the tournament generated a total of Rs 11,637 crore in economic benefits for the country.
Tourism Boom
One of the biggest contributors to India's earnings from the World Cup was tourism. The tournament attracted a large number of tourists from all over the world, who spent money on hotels, food, and other services.
The ICC estimates that the tourism industry earned Rs 4,400 crore from the World Cup. This includes money spent by tourists on accommodation, food and beverages, shopping, and transportation.
Increased Brand Value
The World Cup also helped to increase India's brand value. The tournament was broadcast to over 200 countries, and it gave India a chance to showcase its culture and infrastructure to the world.
The ICC estimates that the increase in brand value is worth Rs 3,200 crore. This includes the value of the exposure that India received from the tournament, as well as the increased interest in India as a tourist destination.
Other Economic Benefits
In addition to tourism and brand value, the World Cup also generated other economic benefits for India. These include:
- Increased employment
- Increased tax revenue
- Improved infrastructure
The ICC estimates that the total economic benefit of the World Cup to India was Rs 11,637 crore. This is a significant amount of money, and it shows that the tournament was a major success for India.
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