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Fandom or FOMO: The Concert Economy

Nasir

Updated: 3 days ago

Concerts in India are creating a buzz like never before, making the country a big destination for live music events. Fans are now travelling to different cities to watch amazing performances, showing how much Western concert culture has grown in our country. From Coldplay in Mumbai and Ahmedabad to Diljit Dosanjh’s Dil-uminati tour, these events have created excitement across the country, boosting not only ticket sales but also industries like travel and hospitality. Concert tourism has also seen over 30% growth in recent years, showcasing its growing importance in the entertainment landscape. However, while these events bring people together, they also reveal challenges like black-market ticket sales, where prices skyrocket beyond affordability, highlighting the darker side of this booming trend.



Every sold-out concert isn’t just about demand—it also highlights some bigger problems. When Coldplay announced their shows in Mumbai, tickets were sold out within minutes, leaving many fans disappointed. Surprisingly, some so-called fans, who could barely name a song beyond Yellow, rushed to buy the tickets, adding to the chaos. Immediately after, some resale platforms listed these tickets at sky-high prices—tickets originally priced between ₹2,000 and ₹35,000 were being resold for as much as ₹10 lakh. A ₹12,500 ticket was going for over ₹3.36 lakh, and standing tickets worth ₹6,450 were resold for ₹50,000. Even Instagram became a marketplace, with users reselling tickets at steep prices to cash in on the high demand. The overwhelming demand caused BookMyShow’s servers to crash, fueling the black-market issue. Despite efforts to control it, the problem continues, with calls for stricter regulations. The situation even called for the Mumbai Police to step in to investigate potential wrongdoing by ticketing platforms and resellers.



It’s not just Coldplay driving fans into a frenzy; Punjabi music stars like Diljit Dosanjh and Karan Aujla are showing that when people are deeply connected to an artist, they’re ready to pay any price to be part of the experience. Diljit’s "DIL-UMINATI" tour was a perfect example—his Delhi concert sold out so quickly that he had to announce a Day 2, and that was also sold out in under 4 minutes.This kind of demand shows how powerful fan loyalty can be, with people willing to pay a premium for tickets and exclusive merchandise. Even brands like Levi’s capitalized on this by teaming up with Diljit for exclusive merchandise. This advertising opportunity was also captured by Air India, who provided a customized plane to Diljit dedicated to the Indian leg of the tour. AP Dhillon’s concert followed a similar trend, while Karan Aujla, whose popularity is currently at its peak, saw his shows sell out almost immediately, prompting him to announce more dates. This surge in demand not only highlights the power of strong fan connections but also reinforces how, when brands or artists capture the hearts of consumers, they’re willing to invest in unforgettable experiences, creating a significant impact across industries.



Concerts aren’t just boosting ticket sales; they’re also driving a massive surge in the travel and hospitality sectors. Coldplay's Mumbai shows, for example, have caused hotel prices near DY Patil Stadium to skyrocket, with some three-night stays priced as high as INR 640,000. The demand for accommodations has been so high that many hotels in the area were completely booked long before the concert dates. Airlines, too, have experienced a significant uptick in bookings, with flight bookings to Mumbai increasing by an incredible 350% ahead of the Coldplay concert.



Similarly, other cities on Diljit Dosanjh’s DIL-UMINATI tour, such as Chandigarh and Delhi, reported up to a 300% rise in flight bookings during the concert period. Fans are increasingly viewing these events as more than just a concert—they’re willing to spend considerable amounts on flights, hotels, and other travel-related expenses, transforming their concert experience into a full-scale adventure. Whether it’s luxury hotel stays, premium flights, or local experiences, the concert craze is fueling a thriving tourism boom, with fans eager to turn these musical events into memorable, once-in-a-lifetime experiences.



Concerts have become more than just musical events—they’re now full-scale experiences that mix entertainment, travel, and commerce. From soaring ticket sales and exclusive merchandise to booming hospitality and travel industries, these events show how strong fan loyalty and emotional connections can be. The fear of missing out adds fuel to the excitement, and with black-market resellers inflating prices, it’s harder for real fans to get tickets. As India’s concert culture grows, it’s not just about the music anymore; it’s about making memories, building status, and creating an economic impact that stretches far beyond the concert itself. After all, what’s a concert experience if it’s not captured perfectly for social media, right?



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