Mumbai. Further strengthening its growing international presence in cricket, Reliance Industries Limited (RIL) on Wednesday announced that it will acquire a franchise in South Africa’s upcoming T20 league. The new franchise will take the Mumbai Indians brand further. RIL will come closer to acquiring a T20 team in the UAE-based league.
Reliance Industries has been instrumental in developing the sports ecosystem through ownership of cricket franchises and football. RIL aims to uphold the best practices in leagues, sponsorship, mentorship, and athlete talent management across various sports in the country.
In addition, Reliance Foundation Sports, the CSR wing of RIL, provides opportunities to athletes across the country to become champions in multiple sports. Not only this, she is leading the country’s Olympic movement by leading India in hosting global sporting events.
Earlier this year, RIL director Nita Ambani made a successful bid to host the prestigious International Olympic Committee’s 2023 season, which was made possible after a long gap of 40 years. He said, ‘I am delighted to welcome our new T20 team to the Reliance family. We are excited to take the Mumbai Indians brand of recreational cricket to South Africa. A country that loves cricket as much as we do in India.
He further said, ‘South Africa has a strong sports ecosystem. We look forward to this collaboration and exploring cricketing potential. As we take forward the global cricket brand of Mumbai Indians, we remain committed to spreading joy and excitement through sports.
Reliance Jio Chairman Akash Ambani said, “With the South African franchise, we now have 3 T20 teams in three countries. We look forward to leveraging our sporting expertise in the cricket ecosystem and brand Mumbai Indians to help build teams and provide some of the best experiences for cricket lovers. The record 5-time IPL champion Mumbai Indians team is also owned by RIL.
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FIRST PUBLISHED : July 20, 2022, 17:10 IST