Delivering a key note speech ‘Inspiring A Billion Dreams : The India Opportunity’, at the Leaders Week 2019 London – the most prestigious global sports leaders conclave – Nita 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.
“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.
“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,” said Nita.
India hosted the 2017 FIFA U-17 World Cup and will now host the 2020 FIFA U-17 Women’s World Cup. India have also hosted the Asian Games twice, in 1951 and 1982 in New Delhi besides staging the 2010 Commonwealth Games in the same city.
Nita praised the current Indian government for promoting a healthy sports culture in the country. “We are fortunate that our Prime Minister Narendra Modi has a great vision to transform India into a global sporting powerhouse. In addition to promoting Yoga globally, Prime Minister Modi has recently launched two major initiatives to promote sport — The Khelo India programme and the ambitious Fit India movement.”
“India is truly emerging as the newest and youngest sporting power in the world. The picture of fast changing sporting landscape offers you a unique India combined with the power of Democracy, Diversity, Development, and Demography. We are proud of being a free, open, liberal and democratic society and the new India is a land that invites all of you with open arms,” said Nita addressing a gathering of over 300 industry leaders representing global brands.
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, Nita underlined 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 the England Vs New Zealand final, while only 15 million watched it in the UK.
“Now imagine if India were playing in the final,” said Nita 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.
The popularity of IPL has led to the emergence of many more professional leagues in India like football, hockey, badminton, volleyball, basketball, wrestling and kabaddi.
Nita, owner of the 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.”
“As a teacher and a mother, I knew children in our school would wake up in the middle of the night to watch the Premier League. That is when I realized that the younger generation had a huge interest in football. I saw that there was a big opportunity in India for this beautiful game,” she added.