
Thu Sep 12 07:20:54 UTC 2024: ## Cricket World Cup 2023 Delivers Massive Economic Boost to India
**New Delhi, September 11, 2024** – The recent ICC Men’s Cricket World Cup 2023, held in India, generated a staggering **Rs 11,637 crore (USD 1.39 billion)** for the Indian economy, according to a new report released by the International Cricket Council (ICC).
The tournament, which saw Australia emerge victorious, attracted a record-breaking 1.25 million spectators, with 75% attending their first ever ICC Men’s CWC 50-over match. The event also attracted a significant influx of international visitors, with 19% making their inaugural trip to India.
The ICC report highlighted the substantial economic benefits that stemmed from investments by both the ICC and the Board of Control for Cricket in India (BCCI), as well as support from local state associations. These investments resulted in the creation of 48,000 full-time and part-time jobs across India during the World Cup campaign.
While India’s loss to Australia in the final may have been disappointing for fans, the report underscores the immense economic impact of the tournament, attracting substantial investment and showcasing India’s tourism potential to a global audience.