New Delhi, May 11 (PTI) In a big boost to badminton in India, the national federation has inked a Rs 75 crore deal with sports equipment manufacturer Yonex Sunrise, which will now supply equipments to BAI for all their tournaments, camps and academies in India. Also Read - Will Convert All State-Run Madrasas Into a General School: Assam Minister Himanta Biswa Sarma
In return, the equipment-manufacturing giants will hold title sponsorship rights for all tournaments held under the aegis of the Badminton Association of India (BAI) for the next three years. Also Read - Monsoon Session Day 2: Lok Sabha Passes Essential Commodities Bill to Raise Farmer Income, Boost Agri Sector | Highlights
Speaking on the development, BAI President Himanta Biswa Sarma said,”We would like to thank Yonex-Sunrise for their continuous support to Indian badminton. We are really very happy with this new deal going through and will give us financial stability going forward and will help us to develop and promote the sport further in the country. According to a press release, the contract was penned on Thursday after inviting tenders from leading equipment companies. Also Read - PV Sindhu to Play in Thomas and Uber Cup After Request From President Himanta Biswa Sarma
Ajay Singhania, secretary general of BAI, said, This is a huge development for badminton in the country and further cements our reputation as one of the best Olympic sports federations in India. This is unprecedented and will take Badminton to the next level in the country.
This is published unedited from the PTI feed.