The Formula 1 Grand Prix race in India could generate revenues of over Rs 90,000 crore in the next 10 years and create 15 lakh new job opportunities for technical workers, industry body Assocham said on Friday.
The first ever Indian Formula 1 event at Greater Noida this weekend is expected to generate business worth Rs 10,000 crore from sale of tickets, advertisements, hospitality and travelling, besides creating new business hubs and giving a boost to commercial and residential properties, it added.
From: http://ping.fm/eOA53
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