The Indian fantasy sports activities business is on a roll and is taking part in a major function within the development story of India. According to a report by Deloitte India and the Federation of Indian Fantasy Sports, the business is a real manifestation of the federal government’s imaginative and prescient of Make in India and Atman Bharat. With over 300 fantasy sports activities platforms and 18 crore customers, the business is the fastest-growing fantasy sports activities market on this planet. Revenue from fantasy sports activities nearly tripled in monetary yr 2022, reaching rupees 6800 crore. The business is predicted to develop at a CAGR of 33% and attain 50 crore customers by monetary yr 2027.

Apart from producing income, the business has created jobs and contributed by taxes to the exchequer. With growing participation and viewership of ladies in sports activities, the business can be driving the event of the sports activities ecosystem. Through sponsorships and partnerships, fantasy sports activities have contributed rupees 3100 crore in monetary yr 2022.

To sum it up, the Indian fantasy sports activities business is not only serving to India construct tech management but additionally selling the sports activities economic system in a major manner. The business has the potential to change into one of many largest contributors to the Indian economic system.