How ICC ODI World Cup 2023 Provided Major Economic Boost to India

A Look at the Numbers

The ICC ODI World Cup 2023, held in India, generated significant economic benefits for the country. According to a report by the Indian Ministry of Commerce and Industry, the tournament had an overall economic impact of over $2.5 billion. Over 1 million tourists visited India during the tournament, spending an estimated $1.5 billion on hotels, transportation and other expenses. The tournament also created over 50,000 jobs, primarily in the hospitality, tourism and transportation sectors.

Economic benefits for India:

* Increased tourism revenue * Job creation * Infrastructure development * Increased investment * Improved international image

Impact on tourism:

* Over 1 million tourists visited India during the tournament * Tourists spent an estimated $1.5 billion * Increased tourism revenue is expected to continue in the years to come * The tournament helped to promote India as a tourist destination

Impact on jobs:

* Over 50,000 jobs were created * Jobs were primarily in the hospitality, tourism and transportation sectors * The tournament provided a boost to the Indian economy and created new opportunities for employment

Impact on infrastructure:

* The tournament required significant infrastructure development * This included the construction of new stadiums and the renovation of existing ones * The infrastructure development will benefit the Indian people long after the tournament is over

Impact on investment:

* The tournament attracted significant investment from both domestic and foreign sources * This investment is expected to continue in the years to come * The tournament helped to create a positive investment climate in India

Impact on international image:

* The tournament helped to improve India's international image * India was able to showcase its culture and traditions to the world * The tournament helped to strengthen India's relationship with other countries