The BCCI is open to reviewing its sponsorship coverage for the subsequent cycle however has no plans to end its association with present IPL title sponsor Vivo as the cash coming in from the Chinese firm helps India’s trigger and never the opposite method spherical, board treasurer Arun Dhumal mentioned on Friday.
Anti-China sentiments are working excessive in India following the border conflict between the 2 international locations at Galwan valley earlier this week. The first skirmish on the India-China border in additional than 4 a long time left a minimum of 20 Indian troopers useless. Since then, calls have been made to boycott Chinese merchandise. But Dhumal mentioned Chinese corporations sponsoring an Indian occasion just like the IPL solely serve his nation’s pursuits. The BCCI will get Rs 440 crore yearly from Vivo and the 5-12 months deal ends in 2022.
“When you talk emotionally, you tend to leave the rationale behind. We have to understand the difference between supporting a Chinese company for a Chinese cause or taking help from Chinese company to support India’s cause,” Dhumal instructed PTI.
“When we are allowing Chinese companies to sell their products in India, whatever money they are taking from Indian consumer, they are paying part of it to the BCCI (as brand promotion) and the board is paying 42 per cent tax on that money to the Indian government. So, that is supporting India’s cause and not China’s.”
Oppo, a cell phone model like Vivo, was sponsoring the Indian cricket workforce till September final 12 months when Bengaluru-based academic know-how Byju’s begin-up changed the Chinese firm. Dhumal mentioned he’s all for decreasing dependence on Chinese merchandise however so long as its corporations are allowed to do enterprise in India, there’s no hurt in them sponsoring an Indian model just like the IPL.
“If they are not supporting the IPL, they are likely to take that money back to China. If that money is retained here, we should be happy about it. We are supporting our government with that money (by paying taxes on it),” he mentioned.
“If I am giving a contract to a Chinese company to build a cricket stadium, then I am helping the Chinese economy. GCA built the world’s largest cricket stadium at Motera and that contract was given to an Indian company (L&T). Cricketing infrastructure worth thousands of crores was created across country and none of the contract was awarded to a Chinese company.”
Dhumal went on to say the BCCI is spoilt for selection when it comes to attracting sponsors, whether or not Indian or Chinese or from every other nation.
“If that Chinese money is coming to support Indian cricket, we should be okay with it. I am all for banning Chinese products as an individual, we are there to support our government but by getting sponsorship from Chinese company, we are helping India’s cause,” he defined.
“We can get sponsorship money from non-Chinese companies also including Indian firms. We can support our players any way but the idea is when they are allowed to sell their products here, it is better that part of money comes back to the Indian economy. The BCCI is not giving money to the Chinese, it is attracting on the contrary. We should make decision based on rationale rather than emotion.”