Fantasy Sports added Rs 3,000 cr to Indian sports economy in FY21: Experts

In the last year, the Indian fantasy sports industry contributed Rs 3,000 crore in FY21 to the sports ecosystem in India, through a multitude of avenues like sponsoring sports teams, leagues, players buying rights, and even supporting the development of sports at a grassroots level. This number is expected to double in the next three years alongside the growth of the industry and its participating user base. Niti Aayog in a recommendation paper launched in Dec 2020, has already pegged India as an ideal candidate to become a global hub for the fast-growing industry of fantasy sports. Additionally, PwC in