‘India, go live!’: The $1.72 billion cue for economy from Coldplay’s record-breaking concert in Ahmedabad

MT HANNACH
5 Min Read
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The record performance of two nights of Coldplay at the Narendra Modi stadium in Ahmedabad has cemented the growing reputation of India as a global concert center, preparing the field so that more international artists exploit the live musical economy booming country.

During January 25 to 26, the British group attracted 223,000 fans – 111,581 the first night and 111,989 on the second – which makes it the largest concert in the 21st century stadium, exceeding George’s Texas record Strait of 110,905 participants.

Marking their Indian beginnings, Coldplay’s monumental emissions report a seismic change in the country’s live musical economy and should stimulate a wave of world artists wishing to engage with the growing market of India.

The success of Coldplay’s performance highlights the market of live events booming from India. The segment of Live Ticket Music is expected to reach 1,864 ₹ ₹ ($ 223 million) this year. Meanwhile, the overall live event market should go from 88 billion in 2023 to 143 billion pounds sterling by 2026, to a TCAC of 17.6% – one of the fastest growth rates in the world.

Prime Minister Narendra Modi also spoke of the potential of the sector at Utkarsh Odisha – Make in Odisha Conclave 2025. “The fabulous photos of Coldplay concerts in Mumbai and Ahmedabad show the massive scope of India for live concerts. Great artists from around the world are attracted to India, “he said.

Big names, larger numbers

Coldplay’s historic emissions are part of a broader trend. World superstars like Ed Sheeran, cigarettes after sex and Shawn Mendes should occur in India this year. Indian artists such as Diljit Dosanjh and Karan Aujla also get on the wave, with closed window visits to cities.

Even level 2 cities such as Shillong and Gandhinagar join the boom of live music, with prices for tickets ranging from 2,500 ₹ to 35,000 ₹. Andre Timmins, co-founder of Wizcraft International Entertainment, calls this a tilting point. “Production values ​​and the scale now compete the best in the world. The public in India is ready to spend if the experience is worth it, “he said.

Economy driver

Live events like Coldplay’s emissions are not content to be content to entertain – they stimulate economic activity in the sectors:

Hospitality: Occupation of the hotel almost full and an increase in food delivery orders.
Transportation: Flight reserve in concert cities jumped 350% and train reservations have increased considerably.
Job: Event management and security jobs have increased emissions.

A Research Report Bank of Baroda estimated that 1,600 to 2,000 crores were spent for live events in just three months. Events such as the Nagaland Callbill Festival, which generated 100 income drivers on an investment of 11 sterling books, highlight the potential of the sector.

How does India are pulled into concerts?

India ranks 7th worldwide in ticket revenues, driven by the increase in disposable income and a young population eager for music. However, challenges remain:

The prices soar: Premium tickets and the scalping of the black market dissuade many fans.
Regulatory obstacles: License delays and bureaucratic execution of the paperwork of slow events.
GAPS infrastructure: Long queues and overcrowded sites hinder public experience.
Security concerns: The mismanagement of crowds risks not only the reputation of India as a concert destination.

“A single incident can derail years of progress and discourage artists from coming back,” warns Timmins.

Is India ready for its own swiftonomics?

Swiftonomics, a term invented for the massive economic impact of the record tour of Taylor Swift, may have found its Indian counterpart in the historic programs of Coldplay. Just as the Swift tour generated more than a billion dollars in revenues, the concerts of Ahmedabad from Coldplay have demonstrated the transformative economic power of large -scale musical events in India. With its expanding market and growing appetite for live performance, India is about to become a world hotspot for the biggest artists in the world.

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