In the run-up to the 2018 FIFA World Cup, Indian training companies are seeing their sales fall, according to a report by Indian newspaper The Hindu.
In a report titled Indian Training Industries: A Growing Industry in India, The Hindu noted that Indian training facilities are “increasingly struggling to maintain their current level of performance due to a growing number of financial and operational challenges”.
“As a result, many Indian training centres are facing severe financial pressure and, if the situation continues, may have to close down completely,” the paper reported.
The Indian Government recently announced that it would invest $3.3 billion (€2.9 billion) in the sector to bring its trainee workforce up to 30 per cent by 2022.
India is expected to host the 2018 World Cup in 2019, with the country set to become the fourth-largest sports market in the world.