India’s Sports Market Set for Robust Growth Through 2030
India’s sports market is poised for a significant uptrend, expected to grow at a **10–12 % CAGR** through 2030, according to a CareEdge Ratings report. The industry’s value currently stands at **USD 52 billion**, with **USD 31 billion** from core sports and **USD 21 billion** from allied sub-sectors, driven by rising fitness awareness and government initiatives.
Export Surge and Manufacturing Hubs
Sports-goods exports, which totalled **USD 497 million** in the first 10 months of FY25 (Apr 2024–Jan 2025), are projected to reach **USD 660 million by FY26**—an increase of over 30 % year-on-year. Leading export hubs such as **Jalandhar and Meerut** account for 75–80 % of output, while new manufacturing centres are emerging in **Tamil Nadu, Maharashtra, West Bengal, Delhi**, and **Jammu**.
Economic Impact & Policy Support
Accounting for **0.9 % of India’s GDP**, the sports sector is on par with developed sporting nations. Its growth is reinforced by strong linkages with **media, telecom, tourism, real estate**, and **education**, enhancing its multiplier effect. Continued government reforms, infrastructure investments, and initiatives across urban and rural regions are expected to bolster momentum.
Outlook & Strategic Implications
With sustained export traction and domestic expansion, the sports goods and services ecosystem is primed for transformative growth. Enhanced manufacturing capabilities, export diversification, and participatory sports policies are poised to strengthen India’s standing as a global sports economy.
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