HSB / London
International Olympic Committee (IOC) and Founder Chairperson, Reliance Foundation Nita Ambani, has called upon the global leaders in sports to see India as a land of limitless opportunities and invited them to be part of the journey of the world’s youngest nation’s fast-growing sports ecosystem.
Delivering a key note speech ‘Inspiring A Billion Dreams : The India Opportunity’, at the Leaders Week 2019 London, Mrs Ambani presented a glimpse into how young India has taken massive strides in the world of sports and is poised to become a sporting powerhouse with over 600 million of its billion plus population under the age of 25 coupled with a fast growing economy.
The economic power of sport in the country is validated by the spectacular growth of the IPL media rights. For the first ten years, the media rights for the cricket league went for 950 million dollars. Starting IPL 2018, it witnessed a staggering growth of 500 percent for five years.
Terming India as a nation of sports lovers, Mrs Ambani highlighted the fact that despite India not making it to the 2019 Cricket World Cup final, over 180 million Indian viewers tuned in to TV sets to watch England Vs New Zealand final, while only 15 million watched it in UK.
“Now imagine if India were playing in the final,” said Mrs Ambani light-heartedly pointing to the fact how cricket is an obsession back home.
The consumer market for other global sports events like the Olympics, FIFA World Cup, Premier League have grown exponentially over the past few years in India. In 2018, 800 million Indians consumed sports on TV alone. Popularity of IPL has led to the emergence of many more professional leagues in India like football, hockey, badminton, volleyball, basketball, wrestling and kabaddi.
“There is no reason why a nation of 1.3 billion people cannot be amongst leading medal-winners on the international stage. It is my hope and dream to see India host some of the most iconic sporting championships in the world like the Olympics and the FIFA World Cup. I invite everyone to join us and be a part of the great Indian dream – the India opportunity.”
Presenting a compelling case on Indian sports, Mrs Ambani observed, “New India is a land of limitless opportunities and it today presents the most exciting time for sports in India. There has never been an environment more conducive, more encouraging, more enabling for sports, than what we have in India today.”
Mrs Ambani, owner of Mumbai Indians cricket team, said her first tryst with sports was through cricket, “I was 44, when most sportspersons retire, I entered the arena through Mumbai Indians. It changed my life, my perspective, and my worldview. From having no knowledge of cricket in 2009, to learning the nitty-gritties of the game, today after ten years , I can proudly say that we have built Mumbai Indians into the most valued team in the IPL with four IPL and two Champions League titles.
In just five years, ISL has emerged as the third most watched league in India. ISL viewership for 2018-19 on TV alone was 168 million, and digital viewership was over 12 million. The ISL has also provided a platform for thousands of youngsters to see football as a viable career option, something that Mrs Ambani feels ‘unthinkable’ ten years ago in an Indian household.
She cited an example of Sandesh Jhingan, now an established player for his ISL club and the Indian national team. “When Jhingan started out in ISL, he was bought for just 3000 dollars. Today, he draws a salary of a hundred and eighty thousand dollars – 60 times over his starting salary
Summing up, Mrs Ambani spoke of her three objectives she hope to achieve – to make sure no child is deprived of sport and hoped the ‘Right to Sport’ could be declared as a fundamental right; to see India emerge as a global sports powerhouse; and sports acting as a medium of peace, amity and understanding in the world as she paid tribute to the 150th birth anniversary of Mahatma Gandhi.