Sports exports seen at $660 million in FY26: CareEdge

India’s sports market is expected to register a Compound Annual Growth Rate (CAGR) of 10-12% through 2030, supported by government initiatives promoting sports participation and rising interest in fitness, according to a recent report by CareEdge Ratings. The report estimated the current value of India’s sports market at around $52 billion. Of this, core sub-sectors contribute $31 billion, while allied sub-sectors add another $21 billion. The report highlighted that this growth momentum is likely to continue in the coming years, as more people turn towards sports and fitness. One of the key drivers behind this growth is the Indian sports equipment manufacturing sector, which is seeing steady expansion. Currently, the sports sector accounts for approximately 0.9% of India’s GDP, which is on par with several top sporting nations, as per a report.

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