14 hrs ago

From a Delhi Flat to India’s Billion-Rupee Sports Economy

From a Delhi Flat to India’s Billion-Rupee Sports Economy
India’s sports economy began in a Delhi flat. Now it runs into billions · financialexpress.com

India’s first Asian Games in 1951 were organised with very little money and a very small staff.

SS Dhawan and his wife worked from an apartment in New Delhi.

Anthony de Mello helped rescue the event after it was delayed.

He borrowed money, asked people to buy memberships and obtained help from the Army.

The Army provided housing, while a London sports company supplied equipment.

Eleven countries and 489 athletes took part in the Games.

Japan won the most gold medals, while India won 15.

Today, India is spending much more on sports facilities, technology and equipment manufacturing, but the challenge is still using the money wisely.

Key facts

First Asian Games
Held in New Delhi in 1951; 489 athletes from 11 nations participated.
Opening date
March 4, 1951.
1951 funding
The National Sports Club of India provided the Indian Olympic Association an interest-free loan of ₹1 lakh.
Medal table
Japan won 24 gold medals; host India won 15.
2026-27 sports budget
₹4,479.88 crore, including ₹500 crore for domestic sports-goods manufacturing.
Sports technology market
Valued at $501.3 million in 2025 and projected at $1,528.5 million by 2034, according to IMARC Group.
Sardar Vallabhbhai Patel Sports Enclave
A 350-acre, ₹6,000-crore project in Motera, Gujarat, designed to meet Olympic standards.

Quotes

Mahmoud Namdjou

Iranian bodybuilder and reigning world weightlifting champion who competed in the 1951 Mr. Asia contest

“It is not fair competition when a Mr. Universe finalist cannot be Mr. Asia.”
financialexpress.com

Sources

Related news