Economic importance of the Paragliding world cup India

Paragliding has continued to be a very popular sport. Since its inception, it has grown rapidly to heights of having a world cup of its own. For example, the paragliding world cup 2015 will be hosted by India. In particular, the state of Himachal Pradesh will be in charge of hosting the show piece. The mountainous area has been chosen to be the spotlight of the country from the 23^rd of October to the 31^st. This is the first state in India to have been granted such an opportunity. Participants from over 50 countries will travel to the mountainous state in a bid to fancy their chances of laying hands on this year’s paragliding trophy. The state and the country as a whole will benefit economically from hosting the event.

To start with, the state government has seen the need to treat the call for the repair of the infrastructure as an emergency. But for the hosting of the world cup, the state authorities had paid little attention to the repair of the infrastructure across the whole state. Today, the state authorities have shown more seriousness to renovate the infrastructure across the state in a bid to successfully host the world cup. This is a very significant economic benefit of the state and the country as a whole. For example, a good number of roads leading to and from the flying area have been renovated in a bid to improve the transport facilities of the area. On the other hand, street lights have also seen refurbishment with new ones being installed in the process.

In addition, the bir paragliding area will gain international recognition. It will become more recognised than it used to be in the past. Having become the world’s centre for paragliding, the area will be able to attract international paragliding events involving participants from all over the world. Even if the world cup were to end, the area will still be able to host international paragliding fanatics in the near future. This will also lead to a boost in the tourism activities of the area. There is likely to be a sharp increase in the influx of tourists to Himachal Pradesh’s paragliding area. As a result, the entire country will benefit from the successful hosting of the event.

The paragliding world cup India event will also increase the revenue for the country as a whole. This is likely to happen in an indirect manner but it will definitely have a huge impact on the overall economy of the country. As more participants and spectators from all over the world flock to the country’s paragliding area, they will be bringing foreign exchange with them. The local bureau exchange firms will definitely benefit from this. On the other hand, there will be more guests in the state owned accommodation facilities that are located near the area. The private sector will also gain greatly from the influx of spectators and participants from more than 50 countries.