New Delhi, April 30 -- Coldplay's concert in Ahmedabad, which drew over 2,22,000 fans, had an economic impact of Rs.641 crore, highlighting the emerging concert industry in India.

A report released by EY-Parthenon and BookMyShow states that "Coldplay's 'Music Of The Spheres' concert generated an estimated economic impact of Rs.641 crore across multiple industries".

This includes Rs.392 crore generated in the local economy of Ahmedabad through spending on accommodation, restaurants, local transportation and shopping.

The financial impact spanned across various sectors such as tourism, hospitality, transport, logistics, and retail. Furthermore, these events foster opportunities for local creators and professionals, promote sustainable pr...