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Game On: India’s Sporting Goods Industry Races Ahead in the Global Market

December 1, 2024 | by gurjeetsaini@yahoo.com

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India’s sporting goods industry is sprinting toward unprecedented growth, fueled by a robust labor force, supportive government policies, and a rising global demand for its high-quality products. As a key player in the global market, India ranks as the third-largest manufacturer of sporting goods in Asia, exporting to over 200 countries. This growth not only underscores India’s manufacturing prowess but also its rising influence as a global sporting goods hub.


Driving the Industry: Exports and Employment

The sporting goods sector in India employs approximately 500,000 people, making it a vital contributor to the country’s economy. Notably, 60% of India’s sporting goods are exported, with leading international brands such as Mitre, Umbro, and Wilson sourcing products from the country. The export portfolio includes inflatable balls, cricket gear, sportswear, bicycles, and general exercise equipment. In FY22, India became the second-largest bicycle producer globally, with exports valued at over $461 million.


Competitive Edge: Strengthening India’s Global Standing

India’s edge in the sporting goods market is attributed to its skilled workforce, competitive pricing, and ability to cater to diverse demands. Major clusters like Jalandhar and Meerut, which account for 82% of the country’s total production, are home to over 3,000 manufacturing units and 130 exporters. These hubs, dominated by small and medium enterprises (SMEs), serve as the backbone of the sector, producing innovative and affordable products for global markets.


Government Initiatives: Building a Sporting Powerhouse

The government is playing a pivotal role in transforming India into a global sporting and manufacturing powerhouse. Key initiatives include:

  1. Sports Goods Export Promotion Council (SGEPC): Facilitating exposure to global markets through trade events.
  2. Market Access Initiative (MAI) and RoDTEP Schemes: Providing incentives to boost exports.
  3. Public-Private Partnerships (PPP): Encouraging mega-sports infrastructure projects to enhance health, education, and tourism.

Such measures ensure a globally aligned regulatory framework, increasing India’s market access and competitiveness.


Startups: Catalyzing Growth in the Sports Sector

The emergence of sports-focused startups is revolutionizing India’s sports industry. These startups, offering products like high-quality sports equipment and services such as online ticketing and prediction games, are driving innovation and attracting significant investments. This entrepreneurial energy is transforming the market, catering to the evolving needs of athletes and sports enthusiasts.

India exports a wide variety of sports goods that cater to global demand. The major categories of sports goods exported by India include:

1. Inflatable Balls

  • Soccer balls
  • Volleyballs
  • Basketballs
  • Netballs

2. Cricket Gear

  • Cricket bats (made primarily from Kashmir and English willow)
  • Cricket balls
  • Wickets and bails
  • Protective gear such as pads, gloves, and helmets

3. General Exercise Equipment

  • Resistance bands
  • Dumbbells and kettlebells
  • Yoga mats
  • Skipping ropes
  • Fitness benches

4. Sportswear

  • Jerseys
  • Tracksuits
  • Athletic footwear
  • Accessories such as gloves and caps

5. Bicycles and Components

  • Complete bicycles
  • Bicycle frames, tires, and chains

6. Other Sports Equipment

  • Hockey sticks and balls
  • Badminton and tennis rackets
  • Squash rackets
  • Table tennis equipment
  • Archery equipment

7. Adventure and Outdoor Sports Gear

  • Mountaineering equipment
  • Fishing rods and tackle
  • Camping gear

8. Athletics and Gym Equipment

  • Shot puts, javelins, and discus
  • Treadmills and exercise bikes

Export Highlights

  • Major international brands like Mitre, Umbro, and Wilson source sports goods from India.
  • Indian goods are exported to over 200 countries, including the US, UK, Germany, Australia, Brazil, and China.
  • India is particularly known for cricket gear and inflatable balls, with its products being widely used in professional sports leagues and by hobbyists globally.

This diversity and quality of products make India a key player in the global sporting goods market.

India’s sporting goods industry has established a significant global presence, exporting products to over 200 countries. In the fiscal year 2021-22, India’s sports goods exports were valued at approximately US$546 million, marking a substantial increase from the previous year’s US$402.44 million.

Indian Trade Portal

The major export destinations for Indian sporting goods include:

  • United States: The largest importer, accounting for a significant share of India’s sports goods exports.
  • United Kingdom
  • Australia
  • Germany
  • United Arab Emirates
  • Netherlands

These countries collectively represent a substantial portion of India’s sports goods export market.

Exim Bank India

The primary products exported include inflatable balls, cricket equipment, general exercise equipment, and sportswear. The consistent demand from these countries underscores the global competitiveness and quality of Indian sporting goods.


Looking Ahead: A $6.6 Billion Opportunity

India’s sports goods market is projected to grow from $3.9 billion in 2020-21 to $6.6 billion by 2027. Advancements in technology, combined with the increasing global demand for sports equipment, position India to become a world leader in sports manufacturing. From providing basic sports equipment to producing world-class goods, India is set to make its mark on the global stage.


Conclusion: Poised for Global Leadership

India’s sporting goods industry is not just a business but a testament to the country’s growing economic and cultural footprint. With robust government support, innovation-driven startups, and established manufacturing hubs, the sector is ready to seize new opportunities. As global demand for sports equipment continues to rise, India is well-positioned to lead the race and solidify its place as a powerhouse in the global sporting goods market.

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