International Journal of Social Science & Economic Research
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Title:
An In Depth Analysis on the Economics of Sports; Special Emphasis with Respect to the Indian Economy

Authors:
Arav Mittal

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Arav Mittal
Modern School Barakhamba Road, New Delhi

MLA 8
Mittal, Arav. "An In Depth Analysis on the Economics of Sports; Special Emphasis with Respect to the Indian Economy." Int. j. of Social Science and Economic Research, vol. 10, no. 1, Jan. 2025, pp. 252-268, doi.org/10.46609/IJSSER.2025.v10i01.013. Accessed Jan. 2025.
APA 6
Mittal, A. (2025, January). An In Depth Analysis on the Economics of Sports; Special Emphasis with Respect to the Indian Economy. Int. j. of Social Science and Economic Research, 10(1), 252-268. Retrieved from https://doi.org/10.46609/IJSSER.2025.v10i01.013
Chicago
Mittal, Arav. "An In Depth Analysis on the Economics of Sports; Special Emphasis with Respect to the Indian Economy." Int. j. of Social Science and Economic Research 10, no. 1 (January 2025), 252-268. Accessed January, 2025. https://doi.org/10.46609/IJSSER.2025.v10i01.013.

References

[1] . Aygün, M., Sava?, Y., & Sava?, D. A. (2023). The relation between football clubs and economic growth: the case of developed countries. Humanities and Social Sciences Communications, 10(1). https://doi.org/10.1057/s41599-023-02074-2
[2] . Ibef. (2024, July 15). Sports as a Profession in India and its Economic Impact. India Brand Equity Foundation. https://www.ibef.org/research/case-study/sports-as-a-profession-in-india-and-its-economic-impact
[3] . In Charts | The link between a country’s economy and its sporting performance. (2023, October 10). Moneycontrol. https://www.moneycontrol.com/news/trends/sports/in-charts-the-link-between-a-countrys-economy-and-its-sporting-performance-11509201.html
[4] . India’s sports manufacturing industry: driving economic g. . . (n.d.). Invest India. https://www.investindia.gov.in/team-india-blogs/indias-sports-manufacturing-industry-driving-economic-growth-and-exporting
[5] . Investments boost sports in India, corporate funding still low. (2022, August 15). Moneycontrol. https://www.moneycontrol.com/news/trends/sports-trends/investments-boost-sports-in-india-corporate-funding-still-low-9029541.html
[6] . Knott, Brendon & Swart, Kamilla & Visser, S. (2015). The impact of sport mega-events on the quality of life for host city residents: Reflections on the 2010 FIFA World Cup. African Journal of Hospitality, Tourism and Leisure. 4. 1-16
[7] . McBride, J. (2024, July 21). The economics of hosting the Olympic Games. Council on Foreign Relations. https://www.cfr.org/backgrounder/economics-hosting-olympic-games
[8] . Nayse, S. (2024, February 1). Monumental allocation of Rs 3442 crores in Union Budget 2024 sparks optimism for India’s sporting sector. The Times of India. https://timesofindia.indiatimes.com/sports/more-sports/others/monumental-allocation-of-rs-3442-crores-in-union-budget-2024-sparks-optimism-for-indias-sporting-sector/articleshow/107334683.cms
[9] . Pourpakdelfekr, T., & Oboudi, B. (2022). Overview of sustainable solutions to improve the environmental impacts of mega sporting events. Athens Journal of Sports, 9(4), 215–230. https://doi.org/10.30958/ajspo.9-4-2
[10] . Wills, J. (2024, October 21). The economic impact of hosting the Olympics. Investopedia. https://www.investopedia.com/articles/markets-economy/092416/what-economic-impact-hosting-olympics.asp#

ABSTRACT:
Sports in India can be developed into an economically viable industry that can increase the GDP levels of the country. The linkage effect of this industry is vast, and the government should take cognisance of this fact. Investment has to be initiated by the public sector and with the groundwork being laid; the private sector will definitely start investing. A prime example is the case of the ‘Indian Premier League’, which is a success story and could and is being replicated with other sports.

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