Ticket sales, travel, food: CA calculates real economic impact of Coldplay’s India tour, netizens call his analysis incorrect

Two 223,000 fans made a record of two frosts at the Naridian model of Ahmedabad, making it the largest stadium of the 21st century. While social media outlets admitted that the shows have increased $ 1 billion (8,300 cavities) to the Indian economy, one statutory accountant decided to tell different stories.

The real numbers behind the influence of Soldplay India

CA Kanhan Bhale, in X (formerly Twitter), rejected the requirements of $ 1 billion and assessed the real economic impact at 886 Crore ($ 102 million).

He wrote:

Violating the patterns of expenses, Bhael assessed that the present spent on average 20,000 to 27,000, on average, including:

• Tickets. 352 Crore:
• Travel, accommodation and food and drinks. ₹ 498 Crore:
• Trade. ₹ 11 Crore:
• Attractions and allied expenses. ₹ 25 Crere:

He also noted that 75% of Mumbai attendees and 80% were traveled out of hospitable cities. Taking Giant Bookmyshow reports that the calculation of Neteted ₹ 32 Crore In PlatFore fees is 10% of total ticket sales.

Social media respond to estimates

Bahl’s analysis quickly started the debate online. Some users question the accuracy of his numbers, particularly the cost of travel and residence.

One user argued. Another added.

India’s prosperous live musical economy

The historical concert of Coldplay has highlighted the growing importance of India as a live musical hub. The live ticketing industry is scheduled to reach 1,864 million ($ 223 million) in 2025, and the total direct event market has increased from 2023 to 2026 – 17.6%.

Even Prime Minister Naryilla Modi received the impact, declaring an Utkarish dioisha’s conclave.