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Top FMCG Stocks in India Profitable Trading Recommendations ✌️【Asset Allocation】✌️ Real-time updates on global stock trends and expert market analysis to help you select profitable stocks and grow your wealth effectively. The competition was tight until the very last shot.India’sAbhinav Bindra was level with his closest rival going into the final round of the men’s 10-meter air rifle at the 2008 Summer Olympics in Beijing.

It was a historic achievement that many in India hoped could prove a turning point for the giant country following many decades of underperformance at the Olympics.

But 16 years, four Summer Games and just one additional gold medal later, those dreams have largely failed to materialize.

India, home to more than 1.4 billion people, is the world’s most populous country, according to theUnited Nations. In 2022, India surpassed Britain as the world’s fifth largest economy, and last year became one of just four countries to successfully land a spacecraft on the moon. And it’s led by an ambitious prime minister who has widespread influence on the global stage.

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India ranked 71st in the medal table, below nations with much smaller populations including Georgia, Kazakhstan and North Korea.

“There is no doubt that India has been an underperformer in the Olympics and generally in global sports,” said Ronojoy Sen, author of “Nation at Play: A History of Sport in India.”

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Vinesh Phogat, known for her high-profile role in anti-sexual harassment protests, became the first Indian woman to qualify for a wrestling final in the women’s 50kg freestyle – only to be disqualified for failing to make her weight class. On Wednesday, her appeal for a silver medal was rejected by theCourt of Arbitration for Sport.

India’s history of untapped Olympic potential can be explained by several factors, according to experts, with underinvestment in sports being a major culprit.

Top FMCG Stocks in India Profitable Trading Recommendations ✌️【Asset Allocation】✌️ Free access to stock market forums, expert advice, and real-time data to help you stay informed and grow your investments. New Delhi has never poured resources into a national training program like those of traditional Olympic powerhouses, which have long regarded gold medals as a symbol of national strength, Sen said.

“For nations like the USA, China and the (then) Soviet Union, sport was very much a part of their nascent national story, it was a means for global recognition and glory,” he said.

Top FMCG Stocks in India Profitable Trading Recommendations ✌️【Asset Allocation】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. The most successful Olympic nations also identify and develop talent from a young age, he added, pointing to China, where “you see kids being trained right from the moment they can walk.”

Indian athletes often face obstacles such as inadequate funding and a lack of access to facilities, analysts say.

“When people say 1.4 billion people and only (six) medals, that is a totally wrong headline, because … 1.39 billion people don’t have access to sports facilities,” said Boria Majumdar, sports analyst and author of “Dreams of a Billion: India and the Olympic Games.”

India sends far fewer athletes and support staff to the Olympics than top teams like the US, Majumdar said. For example, 117 Indian competitors went to Paris, compared with nearly 600 Americans.

India also faces broader health challenges that impede development and curtail sporting potential from childhood, experts say.

India ranked 111th of 125 countries in the2023 Global Hunger Indexreport. At 18.7%, it has the world’s highest child wasting rate – the number of children who are too thin for their height – reflecting acute undernutrition. More than one third of children under age 5 in India are stunted due to malnutrition, meaning they are too short for their age, according to the report.

“Until we address some of these basic concerns around nutrition, it will be very hard for us to achieve greater excellence at the highest level of sport where victories are counted in milliseconds,” Sen said.

Top FMCG Stocks in India Profitable Trading Recommendations ✌️【Asset Allocation】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. Another challenge to Olympic progress is the additional barriers faced by women athletes in India, in what remains a deeply patriarchal nation.

“Right from childhood, when I started wrestling, people would tease me saying that ‘she’s a girl what can she do, why is she entering a male sport?’” said Sakshi Malik, an Indian wrestler who won bronze at the 2016 Rio Olympics.

Top FMCG Stocks in India Profitable Trading Recommendations ✌️【Asset Allocation】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. Malik quit wrestling last year amid controversy over sexual harassment allegations against India’s wrestling chief, which saw Malik, Phogat and other wrestlers sleeping on the streets of Delhi for weeks demanding action.

“I gave up my sport which I love beyond all else for this fight because I bear that responsibility of protecting the younger athletes who come after me,” Malik said. “Things have to change.”

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“To think that the entire country is watching javelin at 2 a.m. because of one man, that is a revolution,” he said, referring to the millions watching back home as India’s Chopra won silver in Paris.

India’s massive Olympic potential is perhaps best underlined by its status in cricket, by far the country’s most popular sport and one in which it has become the dominant global force.

Cricket has not been included in the Olympics since 1900 but is set to return at Los Angeles 2028, to the excitement of Indian fans and players, who will be chasing gold.

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In 2018, Prime Minister Narendra Modi launched “Khelo India” or “Let’s Play India,” a nationwide program to “revive the sports culture” in the country with the aim of identifying and funding promising young talent, particularly in rural areas.

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“I appreciate the efforts of the Indian contingent through the games,” Modi wroteon Xon Monday. “All the athletes have given their best and every Indian is proud of them.”

During the International Olympic Committee’s annual meeting in Mumbai last year, Modi told sports officials that India would bid to host the 2036 Summer Games,the Associated Press reported.

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“I think the journey has started but it’s not going to happen overnight,” he said, pointing out that India spends just a fracture of US expenditure on sports infrastructure.

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