India’s sports-tech industry set for ₹49,500 cr growth, but GST a challenge: FIFS-Deloitte report

India’s sports technology market is set for rapid expansion, with revenues projected to reach ₹49,500 crore by 2029, growing at a CAGR of 13%, according to a new report by the Federation of Indian Fantasy Sports (FIFS) and Deloitte. However, the fantasy sports (FS) industry — the sector’s biggest growth driver — is expected to slow down due to regulatory and tax challenges.

The report, titled ‘Beyond the Field: India’s Sports Tech Revolution’, highlights three key segments fuelling this growth: fan engagement, sports data and…