India had a dominant run in the 2023 Cricket World Cup, winning all of its games until the final, where they were defeated by Australia at the Narendra Modi Stadium in Ahmedabad. The loss was a disappointment for Indian supporters and administrators, but it did not undermine India’s continued dominance in the sport.
Despite the loss, India’s large population and financial contributions solidify their position in the cricket world. With a population of 1.4 billion people, India is responsible for around 80% of cricket’s revenues and hosts one of the most lucrative domestic competitions, the Indian Premier League (IPL). The IPL recently sold its media rights for a whopping $6.2 billion, solidifying India’s financial stronghold in the cricket world. This financial power puts India ahead of England and Australia, the other two members of the “big three” of the International Cricket Council (ICC).
India’s influence in cricket is cemented on and off the pitch. Despite the unpredictability of the game, their dominance in revenue generation and hosting lucrative domestic competitions ensures their continued prominence in world cricket.