Rs 11,637 Crore: ICC's Mega Claim On What "Economic Benefit" India Got From World Cup

The ODI World Cup 2023 was a great one for the Indian cricket team. Barring the heart-break in the final, the Rohit Sharma-led Indian team impressed all. Off the field too, the International Cricket Council (ICC) has now claimed that the ODi World Cup impacted India in a big way. In a report titled, "ICC Men's Cricket World Cup 2023 Delivers Economic Boost to India", the ICC said the 2023 ODI World Cup in India created an "economic benefit" of USD 1.39 billion with tourism among the biggest beneficiaries.

The Economic Impact Assessment conducted by Nielsen for the ICC, claimed that the mega-event held in October-November last year was the biggest ever ODI World Cup. "The ICC Men's Cricket World Cup 2023 has demonstrated the significant economic power of cricket, generating economic benefit of USD 1.39 billion (Rs 11,637 crore) for India," ICC Chief Executive, Geoff Allardice said in a statement.

Australia ended India's unbeaten run in the tournament to win the trophy for a record-extending sixth time.

"The impact of tourism across the host cities amounted to USD 861.4 million of revenue generation, through accommodation, travel, transportation and food and beverage because of a massive influx of domestic and foreign tourists attending the matches," read an ICC statement.

"The secondary and incremental spends within the economy was a key driver, generating USD 515.7 million, which was approximately 37 per cent of the total impact." 

However, the ICC did not specify whether the massive figure cited in the report is actual revenue.

A record-breaking 1.25 million spectators attended the mega event, of which nearly 75 per cent were attending an ICC 50-over match for the first time ever, the report claimed.

"Nearly 55 per cent