New Delhi, Feb 24 : With a view to unlock the economic and employment potential through development of golf courses and promotion of golf travel and tourism, experts from different sectors will come together under the umbrella of Golf Industry Association (GIA). The occasion is a curtain raiser for 6th Annual India Golf Expo, arguably India’s largest meeting ground for the business of golf-India Golf Expo 2017 will be held on April 20 and 21 at DLF Club 5, Gurgaon.
Speaking on the occasion, Devang Shah, President- GIA said, “The Indian golf industry with its multifarious interests is aligning itself with the economic agenda of the Government. Mega investments in Golf real estate are underway which will provide a springboard for several sectors of economy. This year the India Golf Expo will have the custodians of world golf – The R&A – addressing the audience for the first time. This alludes to the importance of India emerging as a growing golf destition with global bodies and professiol tours partaking in the growth. At the Expo, the GIA will also unveil a research report on the golf industry in India & the roadmap for the future. ”
Commenting on the growth of the game, Wg. Cdr. Arun K. Singh, Director General, Indian Golf Union, the sports federation for Golf in India added, “Golf is no more an elitist game. It is a sport for the middle class. With burgeoning middle class in India, the game of golf is all set for a bright future.. All the main bodies of Indian golf will get together at the Golf expo to chart out a roadmap for grassroots development of the game and further enhance the ecosystem to consistently produce more champion golfers from India.”
GIA with its members drawn from the golf industry, real estate, travel & tourism and urban development sectors is a non-profit industry association whose aim is to build and promote the Indian Golf Industry. GIA has undertaken a comprehensive golf industry research paper which will be unveiled at IGE 2017.
“IGE conferences provide in-depth knowledge for golf course superintendents and greenskeepers from India and around the globe. Our experts get the opportunity to learn of the latest equipment and technology making this the most significant event for our industry.”, said Mohan Subramanian of Golf Course Superintendents & Magers Association of India.
India Golf Expo 2017 is India’s largest and most comprehensive gathering for the business of golf. The event will bring the best of minds from across sectors on one platform. The two day exposition will comprise of a symposium, IGU turf care semir, over 10,000 sq ft. of exhibition area, exclusive deals on equipment and apparel & industry awards.
Golf has multiplier spin-off effect for the economy. Thailand and Malaysia as well as Middle East generate around US$100 million in revenues from Golf Tourism each year and India has potential to grow to this level especially during mild winter months. Golf can contribute to Greening India campaign of the Govt. Degraded forest land, abandoned mines and quarries can be converted into golf courses and earn revenues for the state. Golf industry entails huge employment potential as well. Each golf course and resort generates employment for 200-500 people directly.
Around 20 smaller golf projects are already underway in India with total investments between Rs 600-1000 crore. Another 20 large projects which are likely to be created in the next five years will see an investments of Rs 5000-10000 crore into golf projects as a standard 200 to 300 acre golf course entails an investment ranging between Rs 200-500 crore depending on the location and size.