New Report Highlights Growth Potential in India's Sports Startup Sector

A new report titled 'India's Sports Startup Ecosystem: Current Status and Emerging Pathways' has been launched, providing crucial insights into the growth potential of the sports startup sector in India. Commissioned by the Association for Sports Industry Professionals and developed by IMT Ghaziabad, this report highlights emerging trends and opportunities for innovation. The Ministry of Youth Affairs and Sports has praised this collaborative effort, emphasizing its importance for policymakers and industry leaders. With a focus on nurturing a knowledge-driven ecosystem, ASIP aims to further explore the sports startup landscape in the coming months. This report marks a significant milestone in the development of India's sports industry.

By Narendra Chaudhary Mar 16, 2026, 22:16 IST

Groundbreaking Report on Sports Startup Landscape Released

A significant report titled "India's Sports Startup Ecosystem: Current Status and Emerging Pathways" was launched on Monday by Hari Ranjan Rao, Secretary of the Ministry of Youth Affairs and Sports (MYAS), at the Sports Authority of India. This report was commissioned by the Association for Sports Industry Professionals (ASIP) in partnership with the Institute of Management Technology (IMT), Ghaziabad.

The study, spearheaded by Kanishka Pandey, who is the Faculty and Head of the Centre for Sports Research & Development at IMT Ghaziabad and a Board Member of ASIP, represents the first industry report published by ASIP. Research for this report commenced in June 2025. The launch event was attended by notable figures including Shaji Prabhakaran (Founder & President, ASIP), Neeraj Jha (Secretary General, ASIP), and others.

This report provides a comprehensive overview of the current state of India's sports startup ecosystem, identifying emerging trends, areas of innovation, and potential growth opportunities. It aims to be a crucial resource for policymakers, industry leaders, investors, and professionals involved in sports development, marking a pivotal moment for ASIP in its mission to foster a knowledge-driven sports industry.

Ministry Commends Collaborative Initiative

Hari Ranjan Rao expressed his enthusiasm for ASIP's efforts to enhance India's sports sector through research and collaboration. He stated, "This report provides valuable insights that will undoubtedly benefit the sports industry. The Ministry of Youth Affairs and Sports will consider how these findings can aid current and future initiatives. I commend ASIP and IMT Ghaziabad for their significant contribution."

ASIP's Vision for a Knowledge-Driven Ecosystem

Shaji Prabhakaran remarked, "This report is a landmark achievement for ASIP and the wider sports industry in India. As our inaugural publication, it underscores our dedication to fostering a knowledge-led sports ecosystem that encourages innovation and entrepreneurship. We are eager to delve deeper into the sports startup landscape in the upcoming months and look forward to collaborating with the Ministry of Youth Affairs and Sports for more in-depth studies that can steer the sector's development. I extend my heartfelt thanks to IMT Ghaziabad for their invaluable partnership and to Dr. Kanishka Pandey for his outstanding leadership in this research endeavor."

Insights from the Lead Researcher

Kanishka Pandey shared his perspective, stating, "India's sports startup ecosystem is at an encouraging stage, and this study captures its initial outlines through a research-focused lens. Our goal was to provide insights that can assist policymakers, investors, and industry professionals in recognizing the opportunities that lie ahead. I am thankful to ASIP for entrusting us with this vital project and to my research team for their commitment."