analyse and write the impact of lPL on lndian cricket & how it has changed the economy of sports in lndia.
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Answer:
Cricket in India has always been celebrated as not just a sport but a full-fledged festival with a lot of gusto and enthusiasm. The Indian Premier League, founded by the BCCI in 2008, has emerged as the most popular and fast-paced contests, which involves different states of India being represented through different teams competing against each other in T20 format matches to claim the title. The lucrative star-studded event is a complete entertainment package associated with different economic concepts, such as investments, brand strategies, IPL for GDP growth, etc. Check the impact this sporting event has had on the Indian economy since its inception.
Started in 2008, IPL added a new word to India's vocabulary: Sport-ainment! Its success has been a catalyst for the T20 boom across the sporting world. But for India it was the beginning of a journey towards being a sporting nation. In addition to economic growth, it generated employment directly and indirectly. In short, the IPL has proved to a true game-changer, with there being distinct pre-and post IPL eras of sports marketin
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