MotoGP to give a giant push to UP’s economy

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In a major stride to propel Uttar Pradesh towards a one-trillion-dollar economy, the Yogi Adityanath government is all set to host the highly anticipated ‘MotoGP India 2023’ event from September 22 to 24 at Buddha International Circuit in Greater Noida.

The Uttar Pradesh government is likely to generate a revenue of Rs 954 crore from the grand event, while also creating employment opportunities for approximately 4,932 individuals.

The event will see the participation of 116 bikers from 45 teams. They will be exposed to the sports infrastructure of Uttar Pradesh being developed by the Yogi government during the much anticipated event.

The Yogi government is aiming to set a world record by hosting the MotoGP India 2023, with the event being broadcast through live streaming in 195 countries and around 450 million people are expected to watch the event. Through this event, Uttar Pradesh will get the opportunity to show the world its incredible transformation over the past six years.

Uttar Pradesh’s branding will be prominently displayed on the sides of the race track of BIC, ensuring widespread visibility. Distinguished guests, including national and international media, will be introduced to the One District One Product. ODOP stalls will also be set up at the venue with an aim to benefit the local economy.

The turnover of Rs 954 crore will include food and beverage (13.5 per cent), sale of various products (10.4 per cent), hotel industry (10.4 per cent), tickets (13.4 per cent), transport (5.1 per cent), culture (5.9 per cent), travels (34.9 per cent) and others (6.4 per cent). It is estimated that 77.5 per cent people from different states of the country and 22.5 per cent people from different countries will be spending huge money in Uttar Pradesh during the event.

Qatar recently hosted the FIFA World Cup and millions of people from all over the world witnessed football matches which had a huge impact on Qatar’s economy.

The Yogi government has started an action plan for the wide publicity of the bike race event overseas through a short video based on Uttar Pradesh on the race weekend. Exhibitions will also be held in different states of the country as well as in Bengaluru, Chennai, Hyderabad, Cochin, Visakhapatnam, Coimbatore, Mumbai, Ahmedabad and Jaipur to advertise the event while in Noida and Delhi it will be done by running e-buses with UP government and MotoGP logo on it.

More than 40 per cent of tickets, ranging from Rs 80 to Rs 40,000, for the MotoGP race have been sold so far.

Daily Pioneer
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