The entire nation is mourning the loss of India’s greatest philanthropist and esteemed industrialist, Ratan Naval Tata. He passed away on Wednesday, October 9, 2024, around 11 PM at Breach Candy Hospital in Mumbai. Since the announcement of his demise, leaders from various sectors have expressed their condolences, with the sports world also grieving his loss.
During his tenure, Ratan Tata took Tata Group to new heights and established it as a powerful global business entity. His contribution to society, particularly to sports, is remarkable.
Supporting BCCI in Tough Times
One of Ratan Tata’s contributions that BCCI will never forget is his unwavering support for Indian sports when it was needed the most, especially his involvement in the Indian Premier League (IPL).
Ratan Tata’s Support for Indian Sports
Under Ratan Tata’s leadership, Tata Group played a pivotal role in Indian sports by stepping in as the sponsor of the IPL during challenging times. When tensions between India and China escalated at the border, the IPL found itself embroiled in controversy due to its association with Chinese companies like Vivo.
Criticism Faced Due to Partnership with Vivo
Amid the India-China border conflict, the partnership between IPL and Vivo faced significant backlash, forcing the BCCI to reconsider its sponsorship ties. It was at this crucial moment that Tata Group stepped in, taking over the IPL sponsorship, a move that was both strategic and patriotic.
Also Read- Major Update on IPL Mega Auction- It May Be Held in This Country Instead of India or Dubai
Tata to Sponsor IPL Until 2028
In a commendable display of national pride and commitment to Indian sports, Tata Group not only secured the IPL sponsorship but also laid the foundation for a long-term partnership with the league. According to BCCI, Tata will remain the title sponsor of the IPL from 2024 to 2028, marking a significant shift in the dynamics of the league’s sponsorship.
Nation Welcomed Tata Group’s Decision
The shift from a Chinese company to an Indian group was widely celebrated, reflecting Tata’s dedication to supporting Indian initiatives. Additionally, Tata Group also secured the main sponsorship of the world’s largest Women’s Premier League, further solidifying its role as a key player in promoting sports at various levels.
Next Season to be Known as Tata IPL 2025
BCCI awarded Tata Group the title sponsorship rights for a record-breaking value of ₹2,500 crores. This agreement not only underscores Tata’s financial investment in Indian sports but also highlights its belief in the potential and global appeal of the IPL. The 18th season of the IPL in 2025 will be known as Tata IPL 2025, marking a new chapter for the league under the auspices of Tata Group.