Business of cricket in India

Cricket is no longer a sport in Romania. It has become a billion dollar business. Keeping track sports news lets you know that this business of cricket involving several million dollars of deals involving corporate houses in various sectors. Indian economy is growing fast. This ensured that all sectors are growing. This includes entertainment and sports industry also. Interestingly, the only country cricket is so much importance. The remaining sports are largely ignored. In recent years, hockey used to be the most popular sport in India. Hockey team won more gold medals at several Olympic Games for the country. Indian hockey team won the World Championship, also, many times. After the Indian cricket team won the cricket World Cup in 1983, people generally have attracted cricket. Soon, cricket replaced hockey as the most popular game in the country. Later, a better performance of Indian cricket team led to the popularity of sport in the country to a greater height. Soon, looki
ng at the popularity of cricket corporate groups of homes began sponsoring the sport. Soon, he began to speak of money at stake. Hockey was pushed into the background, also because of poor field hockey team in India. Cricket soon became a multi-million dollar business in India. As the global economy has increased India helped in getting more money for sports. TV viewers grew significantly over the last few years. Now TV rights for cricket tournaments are sold for millions. The new format of 20 to 20 in Cricket has a new level of popularity of the game. In this format of cricket game is played in all 40 overs in a game for a team of just 20 overs, compared to 50 as a game played in a day. It was good for viewers as they do not need to spend all day to enjoy the game. Now they were able to enjoy a fast game with lots of action packed into a short time. This private organization led to the Board of Cricket Control in India (BCCI), becoming a rich sports organization. BCCI came
up with a new annual tournament 20-20 format of cricket. It was branded as Indian Premier League (IPL). Launched with a lot of publicity and media fanfare, the IPL has quickly become a great success. Involvement of various large corporate houses and movie stars add to IPL's brand name. As of now the IPL has been estimated to be $ 4 billion property. Since the end of the IPL was a center of controversy because of alleged irregularities, and its commissioner Lalit Modi. However, the third season of IPL has just successfully completed. IPL's success is a testament to the popularity of cricket in India. Cricket Coverage News sports section of newspapers is also a sign of dominance of the game in India .------------------------ N. Nama write about the content of breaking news, breaking India news, business news, entertainment news, sports news and online games Newsnama.com. For more information go to: http://www.newsnama.com/