1、Page 1Indias rising concert economyThe better the question.The better the answer.The better the world works.Indias rising concert economyColdplays Ahmedabad toursets the blueprint for Indiasnext cultural boomtownsPage 2Indias rising concert economyForewordPage 3Indias rising concert economyIn the dy
2、namic landscape of Indias thriving media and entertainment sector,the live entertainment segment has emerged as a formidable force where creativity,technology,and economic potential converge.Over the past few years,the organized live event segment has evolved at an impressive pace,surpassing the INR
3、12,000 crore mark in 2024 and is projected to grow at a robust CAGR of around 19%over the next three years.Notably,Indias concert economy saw significant growth in 2024 with between 70 and 80 concert days attracting audiences of 10,000 or more,demonstrating a clear appetite for immersive,large-scale
4、 entertainment experiences.This transformative growth is driven not only by increased disposable incomes and rapid digital adoption,but also by an evolving audience that craves world-class events and unparalleled experiences.Landmark events such as the UK-based band Coldplays Music Of The Spheres co
5、ncert in Ahmedabad have become powerful catalysts igniting economic momentum and spur development across multiple sectors.The impact of such events extends far beyond the immediate financial metrics,creating a ripple effect across the broader ecosystem.Core impact includes direct contributions such
6、as ticketing revenues,taxes,and incremental GDP contribution.Enabling impact span across allied industries such as tourism,hospitality,transport,logistics,and retail,all of which experience significant boosts.Catalytic impact influence deeper systemic areas-fostering opportunities for creators and l