British music band Coldplay performed live concerts for two days in Ahmedabad in January 2025 as part of the Music of the Spheres world tour. They not only won the hearts of music lovers but also changed the economy of the city. These concerts have brought a huge economic benefit of Rs 660 crores. This event proved that the future of concert economy in India is very bright.
The demand for Coldplay was so high that all the tickets were sold even before the launch.
The total ticket sales earned more than Rs322 crores. The price of a ticket ranged from Rs 2500 to 25000. The price of some premium tickets reached 10 lakhs. The government has received GST revenue of about Rs 58 crores.
The businessmen there have also benefited tremendously. Hotel restaurants, cab service, metro, airlines and retail business in Ahmedabad city saw a tremendous jump. Hotel bookings were also full. The price of rooms reached from 1 lakh per night. It was
live streamed on Disney+ Hotstar which was watched by more than 83 lakh people
The Prime Minister Narendra Modi praised Coldplay’s concerts and said that concerts have emphasized on the development of the economy, this can create employment for the youth, officers for local business for the state governments
The successful organization of Coldplay is a new beginning. According to experts, India’s live events and entertainment is likely to cross Rs 14,300 crores by 2026
Coldplay not only gave a memorable experience to music lovers but also proved that India has given new energy to the local national economy through big cultural events
