Indian exports have almost doubled from Rs.109 crores in 1993-94 to Rs. 204 crores in 1997-98 with the compounded growth rate of about 11 % per annum.
Trade Figures (1997-98)
- Indian domestic market: Rs170 crores
- Imports: Rs 30 crores approx.
- Exports: Rs 204 crores approx.
Cricket-related equipment alone accounts for a major percentage of the total market.
- Inflatable balls: 50.6 % approx
- Cricket bats: 8.4 % approx
- Gymnasium equipment: 7.3 %approx
- Others: 32% approx
Geographically, Jalandhar and Meerut, together claim 75 to 80 % of the total domestic production. They have with more than 3000 manufacturing units, including around 120 exporters.
Country-Wise Market Share
The approximate share of various major countries in the world sporting goods market is as follows:
1. United States of America (USA): 30%
2. European Union (EU): 33%
3. Japan: 22%
4. Canada: 3%
5. India: less than 1 %.
6. Rest of the world: 12%.
