How much does cricket cost India’s GDP?


So, Amit, I have never been a cricket watcher. This has been, in some sense, my “competitive advantage” all through my educational career- didn’t have to waste time watching sZ#$%^ cricket matches (they were 5 days then), and could instead focus on other ways to waste my time.

I think India’s fascination for cricket has only grown further in the last couple of decades. What would be a good way of estimating the value of the time lost by Indian business in watching, discussing, and otherwise obsessing over cricket?

Let me take a guesstimate- India’s GDP x % of services and industry x % days/year cricket is played x % of day spent on cricket at office.

= $ 1.22 trillion x 83% (services + industry) x approx 100/365 (days of cricket) x 15% (of days discussing/watching)

= $42 billion very very conservatively.

This figure, if true, would put the Indian IT services industry to shame.

Kuch karo yaar! This is a *colossal* waste of time!

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About Gaurav Rastogi
Gaurav Rastogi is a writer and a business-exec living in the San Francisco bay area. His other blog is a personal philosophy blog at http://rustus.blogspot.com

3 Responses to How much does cricket cost India’s GDP?

  1. Amit Phatak says:

    Hmmm…wonder how much Cricket contributes to the GDP though…electricity $’s, Ads, ticket sales, F&B, improvements to sports infra, etc….after all BCCI is not the richest board for no reason.

    Take the case of IPL…in 3 yrs its already valued at $2 Billion!

  2. Pingback: How to build a brand in 6 weeks « Two MBAs, One Blog

  3. Hrishkesh Chavan says:

    I am a cricket lover.

    I totally agree with this blog and approx findings…. very true

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