Anand Rathi Advisors, an investment consultant, has compiled a comprehensive report that presents various facets of India’s sports sector. The report, covers India’s sports economy ranging from the organization of sports events, sports goods manufacturing, the fitness industry, sports nutrition, etc.
The report confirms what sports pundits have been claiming for long – that India’s time as a sporting superpower has come. According to ARAL, the sports industry is expected to touch US$100bn by 2027; up 4x from US$27bn in 2020.
While unveiling the report, Samir Bahl, CEO – Investment Banking, Anand Rathi Advisors Ltd., said, “At Anand Rathi, we aim to provide thought leadership and information that will assist the investment community in identifying macro trends and compelling investment ideas in consumption driven niche segments. In this regard, we have lined up a host of informative reports that will be released periodically.
India emulates the west in terms of its consumption. We have seen the growth in education, e-commerce, D2C brands and believe sports will be an additional dimension to our consumption story. The recent IPL media rights auctions, gives us further confidence in stating that sports is at the cusp of explosive growth.”
Atul Thakkar, Director – Investment Banking, Anand Rathi Advisors Ltd., added, “We have taken a deep look at the Indian sports sector. We are confident that our report would provide potential investors with an incisive look into the potential of the country’s sports economy. We believe that it is poised for a giant leap. Undoubtedly, India would soon become a sporting superpower.”