FICCI Yes Bank Report on Development and Management of Sports Infrastructure-Future Roadmap
October 2011 | Sports
Globally, Sports is a multi-billion dollar industry that has challenged the economic recession and continues to grow at a steady pace. Rising disposable incomes, emergence of sport icons in the society, acceptance of sports as a form of entertainment, fitness and leisure has led to the growth of the Indian Sports Industry. Development of sports infrastructure as a national objective requires large investments backed by policy support, local buy-in and technical knowledge. Public Private Partnerships (PPP) is a one point solution, where the private sectorrs inputs towards technical expertise and ability to draw large investments coupled with policy support from the government will be a key driver. Since it is a sector where huge investments are required for capacity creation, PPP will enable the private sector to leverage the public resources through a conducive policy climate, while the public sector can attract investment and expertise.
Developing sporting talents capable of competing at an international level requires early identification and nurturing, apart from providing world class sporting infrastructure. Quality manpower and training is key here, and effective implementation of the planned objectives at a school level shall ensure that the identified talent is progressing on the right track from an early stage, after which a disciplined approach towards the goal, coupled with proper training, motivation and infrastructural support would ensure that we produce world class athletes and outstanding citizens.
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