PM Modi Hails Coldplay’s India Concerts: A New Era for Live Music
PM Modi Hails Coldplay’s India Concerts: A New Era for Live Music
In a significant boost to India’s live music and entertainment industry, Prime Minister Narendra Modi has praised the recent concerts by the British band Coldplay in Mumbai and Ahmedabad. Speaking at the Utkarsh Odisha – Make in Odisha Conclave 2025, PM Modi emphasized the vast potential India holds for hosting international live music events.
Coldplay’s “Music of the Spheres” World Tour concluded with two sold-out concerts in Ahmedabad, including a Republic Day performance at the Narendra Modi Stadium, and three highly successful shows in Mumbai. These events not only drew massive audiences but also garnered widespread attention through live streaming on Disney+ Hotstar.
Key Takeaways
- PM Modi highlighted the massive scope for live concerts in India, citing Coldplay’s successful tour as evidence of the country’s potential to attract big-name global artists.
- The concerts, which included sold-out shows in Mumbai and Ahmedabad, demonstrated the growing demand for live music events in India, driven by a youthful population and increasing urbanization.
- The Prime Minister urged the state and private sectors to invest in necessary infrastructure and skills to support the burgeoning concert economy, which is projected to contribute significantly to India’s economy.
- The live music industry is expected to grow substantially, with the market valued at ₹88 billion in 2023 and projected to reach ₹143 billion by 2026, driven by technological innovations and changing consumer preferences.
- The economic impact of live music events extends beyond ticket sales, boosting tourism, hospitality, and creating job opportunities across various sectors.
The Concert Economy Boom
India’s live music and entertainment industry is on the cusp of a significant transformation. The recent success of Coldplay’s tour, along with other high-profile concerts like Diljit Dosanjh’s “Dil-Luminati India Tour,” has underscored the country’s potential as a major hub for live music events. PM Modi’s call for investment in infrastructure and skills is aimed at capitalizing on this trend, which is expected to generate a spending spree of Rs 6,000-8,000 crore in the coming days.
The industry’s growth is driven by several factors, including a youthful demographic that prioritizes experiential entertainment over material possessions. Gen Z and Millennials, who account for 88% of live event attendees, are driving the demand for concerts, festivals, and other live performances. This demand is no longer limited to metropolitan cities but has also seen a significant rise in smaller towns and Tier 2 cities.
International Artists and Global Music Festivals
India is increasingly becoming a hotspot for international artists and music festivals. Events like Lollapalooza India, NH7 Weekender, and Mahindra Blues Festival attract global talent, drawing both Indian and international audiences. These high-profile events not only enhance India’s global profile but also boost ancillary industries such as hospitality and tourism.
Technological Innovations and Economic Impact
Technology is playing a crucial role in the growth of India’s live entertainment industry. Innovations such as blockchain-based ticketing, AI-driven marketing, and hybrid events are making live music more accessible and efficient. These technological advancements, combined with the economic contributions from ticket sales, sponsorships, and tourism, are creating a robust ecosystem that fosters job creation and increases disposable income circulation.
Future Prospects and Global Recognition
PM Modi’s vision for a thriving concert economy includes hosting significant international events. India is set to host the first-ever World Audio-Visual Summit next month, which will showcase the country’s creative power globally. This initiative, along with the growing number of high-profile concerts, is expected to further solidify India’s position as a major player in the global live music scene.
As India continues to embrace live music and entertainment, the future looks promising, with a potential for significant economic growth, cultural enrichment, and global recognition. The success of Coldplay’s tour has set the stage for a new era in India’s live music industry, and with the right infrastructure and support, this sector is poised to reach new heights.