Indian Cricket World Cup 2023 – News / Cricket / India make surprise ICC World Cup 2023 squad, opting not to name a single fielder or reserve player
India in surprise ICC squad for 2023 World Cup, opting not to name a single fielder or reserve player
Indian Cricket World Cup 2023
India has refrained from naming standby or reserve players for the upcoming World Cup, a common practice in multi-nation tournaments and ICC events.
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India’s ICC World Cup 2023 squad was announced by chief selector Ajit Agarkar and captain Rohit Sharma at a press conference in Kandy on Tuesday, but it was not a surprise. Is the sound messed up? Let’s find out. There are no surprises in the 15-man line-up, or in other words, the main line-up. Another decent KL Rahul is sent back to the side. Ishan Kishan was selected as the reserve and wicket-keeper batsman while Suryakumar Yadav roped in Sanju Samson to pick the middle-order batsman.
As for the bowler’s pick category, Jasprit Bumrah, Mohammed Shami, Mohammed Siraj and Shardul Thakur have picked, while the various riders include Hardik Pandya, Ravindra Jadeja, Axar Patel and bowler Kuldeep Yadav. Yuzvendra Chahal, Prasid Krishna, Ravichandran Ashwin, Tilak Varma and Samson made notable mistakes. While Ashwin and Chahal did not feature in the Asia Cup, Samson was the reserve, while Krishna and Thilak were selected only because the ACC allowed the teams to name the 17-man squad. Where’s the surprise?
In the absence of naming reserves. From October 5, for the upcoming World Cup in the host soil, India has refrained from naming standby or reserve players, a common practice in multi-nation tournaments and ICC tournaments.
As the ICC does not allow more than 15 players in the main team, most teams name at least three reserve players. They are usually the favorites to pick a replacement if one of the key players is injured. But India seems reluctant to limit them to just three or four names. With the World Cup being played at home, they obviously have the option of swapping players with anyone.
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Head coach Agarkar, when asked about the same situation, said that if any of the main squad gets injured, then the reserve would probably be from those who are in Sri Lanka but have missed out on the World Cup qualification. They are Samson, Taluk and Krishna. “There are 17 guys, CL is 18th. If you want this cover, it’s three guys, either the cover, the extras, or the bat. Wishes are with us. Here are our top 15 picks. “If it wasn’t for the injury, you wouldn’t change it,” he said.
Incidentally, the ICC does not make it mandatory for teams to name their reserve players. It’s been a practice in recent years for teams to prepare for injuries. In the last World Cup, India named Rishabh Pant, Ambati Rayudu and Navdeep Saini as the official field players.
India is allowed to choose to substitute. The fact that they didn’t make any reservations had nothing to do with it. In fact, not naming the reserve players will only widen India’s horizons. Agarkar has three bowlers, covering all the bases for India, and the spin department is restricted. Kuldeep Yadav is a specialist long-spinner, while the other options are pacers Jadeja and Aksar. If Kuldeep gets injured mid-match, both Shahal and Ashwin will be fine.
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News, Alerts & Recommendations Get personalized news and exciting deals Tag stories you want to read of late Cricket in India is more than just a sport. It’s a feeling. The 13th edition of the FIFA World Cup returned to Indian soil after a long wait of 12 years, creating an electric atmosphere beyond stadiums and homes. While the focus is no doubt on the exciting races and fierce competition, there is another game that will drive the Indian economy.
Economists at Bank of Baroda have calculated the potential windfall, estimating that the FIFA Men’s World Cup could inject a staggering $2.4 billion into the Indian economy. Another report by BQ Prime echoed the same sentiment, estimating the economy would grow by around $13.5 million.
The 2019 FIFA World Cup had 552 million viewers, making it one of the most watched matches in Indian television history. According to BARC data, the match between India and Pakistan got 244 million viewers.
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The stage is set for a greater spectacle of domestic excitement. Economists predict that total viewership on TV and streaming platforms will surpass records in 2019. That’s good news for expectant broadcasters and supporters, with TV rights and sponsorship revenues expected to be between £105bn and £120bn.
However, the World Cup is more than just a match, it is an experience like an Indian festival. Thousands of avid cricket fans embark on the journey, traversing roads, skies and rails to witness live action. They book accommodation, enjoy local cuisine and get the much-coveted race tickets from a mere Rs 500 to Rs 40,50,50,000.
Those who don’t travel to participate in person are glued to their screens, streaming the game online and snacking on it. Snacks, cold drinks and beer are sold through e-commerce and food delivery services.
This mega event promises to boost the economy of various sectors such as food delivery, fast food, alcoholic beverages, non-alcoholic beverages, media and online gaming. Madan Sabnavis, chief economist at Bank of Baroda, estimates that World Cup-related spending could add Rs 18,000-20,000 crore to economic output in the October-December quarter.
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The sports industry in India is a magnet for huge sponsorship and media spending, accounting for a staggering $1.8 billion annually. 85 percent of that size goes to the larynx alone. Cricket events alone account for the lion’s share, with $900 million allocated to media spending each year, accounting for 8% of the country’s total ad spend.
This year, brands are expected to spend $240 million, with a 10-second ad costing up to $30 million. Official sponsors include giants like Coca-Cola, Google Pay, and Unilever.
However, the World Cup may overshadow inflation. Flight tickets and hotel rentals witness a rise in prices during the tournament. In addition, the cost of services in the informal sector in the ten host cities is likely to increase significantly. This could lift inflation by 0.15% to 0.25% in October and November.
In addition, consumption has increased over the past decade because more people are now taking home more wages. BNP Paribas’ latest analysis of income tax department data shows that the number of people earning more than 5 million yuan a year has increased fivefold, from 3.8 million in FY12 to 18 million in FY21.
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The negative side of high consumption is inflation. For example, hotels and plane tickets become more expensive in the run-up to the World Cup.
Before we dive into stocks poised to advance ahead of the FIFA 2023 World Cup, let’s take a quick look at historical market returns from previous World Cup seasons.
These figures highlight the potential for significant market movements in the World Cup, with the 2023 World Cup in India fitting that.
With India taking center stage in hosting the 2023 FIFA World Cup, the economic outlook for key sectors such as hospitality, aviation, food and beverage is promising. Companies like IRCTC, INDIGO and IHCL, armed with operational efficiency and dominant market position, enjoy the luxury of this sporting event. With a track record of success in multiple asset classes and the potential for operating leverage, these companies offer investors an attractive opportunity to invest in the economic impact of the World Cup.
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In conclusion, FIFA 2023 is not just a celebration of the FIFA World Cup but a celebration of India’s economic dynamism, demonstrating its ability to host a world-class sporting event while delivering significant economic benefits across a range of sectors. As the race unfolds, the focus is not just on borders and gates, but on economic products that promise to entice us just as much.
The information provided in the above blog is for informational purposes only. It does not constitute financial or investment advice. The content presented herein should not be construed as a recommendation to buy, sell or invest in any financial instruments, stocks, securities or assets. The 2023 Cricket World Cup is officially known as the FIFA World Cup 2023.