E-Sports Athletes Earning Almost Same As IIT Graduates In India


Mohul Ghosh

Mohul Ghosh

Aug 31, 2024


Once a specialized form of competitive video gaming, esports is now a realistic career path with pay on par with IIT grads.

With games like Battlegrounds Mobile India (BGMI) growing in popularity and being televised on Indian television, top esports players may make incomes that reach into the crores.

With its inclusion in the Olympics and Asian Games, esports has gained popularity.

Rising Esports Popularity: Comparing Salaries with IIT Graduates

Competing globally or as a member of a professional team, skilled esports players can make anywhere from Rs 15 lakh to Rs 30 lakh annually.

Top esports earners have the ability to make over Rs 1 crore from tournament prizes, sponsorships, and endorsements, in addition to earning over Rs 50 lakh.

IIT graduates typically earn between Rs 10 lakh and Rs 25 lakh annually, with top graduates in highly sought-after sectors making much more.

For instance, IIT Bombay graduates made an average gross pay of Rs 16.66 LPA on average, with an average CTC of Rs 21.82 LPA in 2022–2023.

Tier-3 esports competitors usually make between Rs 3 lakh and Rs 6 lakh a year from content production, sponsorships, and minor competitions. Tier-2 players can make anywhere from Rs 5 lakh to Rs 15 lakh a year from team pay, bigger events, and sponsorships.

Pro or proficient esports players can make more than Rs 1 crore a year from prestigious competitions, sponsorships, original content production, streaming, and product sales.

Because of the popularity of the game, the big prize pools, and the strong corporate sponsorships, BGMI players typically make the most money in Indian esports.

Pro BGMI players have monthly earnings ranging from Rs 2.5 lakh to Rs 4 lakh. With over 100 million cumulative users, BGMI rose to the top of the app charts in India upon its relaunch in May 2023.

FIFA, Pokémon UNITE, and Valorant are among the other well-liked video games in India.

Growing Revenue in Esports

Brave sportsmen make between Rs 3–4 lakh and Rs 7-8 lakh a month, with elite athletes like SKRossi earning much more.

In 2023, the count of notable esports titles in India more than doubled to 19, with 1.8 million players across 20 platforms.

In the last year or two, esports players have made between fifty and one hundred percent more money thanks to bigger events, increased popularity, increased viewership, and improved sponsorship deals.

Prize pools for major esports competitions have increased significantly; for example, the 2024 BGIS prize pool doubled to Rs 2 crore.

The BGMI Master Series (BGMS) has grown in popularity and prize money because to its broadcast on Star Sports.


Brand Sponsorships, Government Policies, and Global Recognition

Companies such as AMD and Puma have formed partnerships with esports teams; for example, Revenant Esports and AMD, and Orangutan and Puma India, have linked up.

Players’ wages have increased as a result of brands’ increased interest in sponsoring esports.

More Indians are thinking about pursuing professions in esports because to supportive government legislation; esports are now officially recognized as multi-sport events in India.

In 2025, Saudi Arabia and the International Olympic Committee (IOC) will host the first-ever Olympic Esports Games.

India advanced to the Asian Games’ League of Legends quarterfinals and won a bronze medal in DOTA 2 at the Commonwealth Esports Championships.

Notable players in esports come from Tamil Nadu, Punjab, and Assam, among other minor cities and towns.

A significant source of income, game streaming is becoming more popular in smaller cities. Additionally, viewership for game streamers increased by 20–25 percent, especially in Tier II cities.


Mohul Ghosh
Mohul Ghosh
  • 1637 Posts

Subscribe Now!

Get latest news and views related to startups, tech and business

You Might Also Like

Business
Dec. 8, 2022

Beat The Burden Of Medical Inflation With A Health Insurance

As disease rates rise and medical technology develops, treatment costs climb. It’s essential to understand that medical costs are not exclusively associated with hospitals. The cost of prescription drugs, diagnostic procedures, ambulance and operating room fees, consultations with doctors, and other costs are also constantly increasing. All of them could put a big strain on […]

Business
Dec. 8, 2022

3 Biggest Changes Of iOS 16.2 Update That Every iPhone User Should Know!

In its latest update Apple said that it is preparing for the iOS 16.2 update for iPhones across the world. Notably, like the previous release, there are a couple of changes coming for the iPhones.  iOS 16.2 Update Release Date So far, Apple has not announced a release date for iOS 16.2 update. Reportedly, the […]

Business
Dec. 8, 2022

300 Microsoft Employees Create Employee Union, First Time Ever: This Is How Microsoft Reacted

Around 300 workers at Microsoft Corp.’s ZeniMax Studios have commenced the process of forming a union which is said to be the first at the software giant in the US.  Here, Microsoft Corp.’s ZeniMax Studios known for popular video games including Skyrim and Fallout. Forming Union In Microsoft Corp Moreover, the quality assurance employees at […]

Business
Dec. 7, 2022

India Beats China In Air Travel Safety: Ranking Jumps From 102 To 48 In Global Aviation Safety

India’s air safety protocols and executions have improved drastically over the years, as validated by the findings of a specialized agency of the United Nations, the International Civil Aviation Organization or ICAO. The UN watchdog has upgraded India’s ranking in terms of aviation safety to the 48th position, jumping past the rankings of countries like […]

Recent Posts

Related Videos

   

Subscribe Now!

Get latest news and views related to startups, tech and business

who's online