The Cabinet approved the Khelo Bharat Niti 2025 policy, which will generate economic benefits through startup development and manufacturing growth. CareEdge Ratings states this initiative will establish India as a global sports leader while targeting the 2036 Olympic Games. The policy replaces outdated 2001 regulations and emphasizes private sector involvement through attractive return on investment opportunities. Manufacturing integration with Make in India and Atmanirbhar Bharat programs will create jobs and improve product quality. Sports infrastructure expansion across urban and rural regions will drive equipment demand.
India currently exports 60 percent of its sporting goods despite the global sports industry generating approximately $600 billion annually. Puneet Kansal from CareEdge Ratings expects new manufacturing centers to emerge as demand increases. The domestic sports equipment market experiences steady growth due to higher disposable incomes, urbanization trends, and government sports participation programs. E-commerce platforms enhance nationwide accessibility to sports equipment for consumers.
India currently exports 60 percent of its sporting goods despite the global sports industry generating approximately $600 billion annually. Puneet Kansal from CareEdge Ratings expects new manufacturing centers to emerge as demand increases. The domestic sports equipment market experiences steady growth due to higher disposable incomes, urbanization trends, and government sports participation programs. E-commerce platforms enhance nationwide accessibility to sports equipment for consumers.
