Herbalife joins MPL, Amul and JSW as sponsor for Indian contingent

Tokyo Olympics: Herbalife joins MPL, Amul and JSW as sponsor for Indian contingent: 9 days forward of the upcoming Tokyo Olympics, Indian Olympic Affiliation (IOA) on Wednesday roped in world diet firm Herbalife as one among its sponsors.

“We’re comfortable to tell you about another sponsorship which is confirmed by International Diet firm — Herbalife for the Tokyo 2020 Olympic Video games since our final replace to you on June 17,” stated Rajeev Mehta, Secretary Basic, IOA. “Herbalife has confirmed to us sponsorship of Rs 2.25 crore to IOA,” he added.

In June, the IOA had introduced that JSW Group had been roped in as a sponsor for the Tokyo 2020 Olympic Video games. This got here a day after IOA entered a sponsorship settlement with MPL Sports activities Basis because the ‘Principal Sponsor’ protecting the Tokyo Olympic Video games, 2022 Asian Video games, and Commonwealth Video games.

In an announcement issued by IOA chief Narinder Batra and secretary Rajeev Mehta, the IOA stated Parth Jindal, CEO of JSW, had confirmed the sponsorship of Rs 1 crore to the governing physique.

“We’re comfortable to tell you about another sponsorship supply which is confirmed with JSW Group for the Tokyo 2020 Olympic Video games since our final replace to you on June 17,” learn an announcement.

“Parth Jindal, CEO of JSW has confirmed to us for the sponsorship of Rs 1.00 crore to IOA,” it added.

As per the IOA, MPL can pay a complete of Rs 8 crore to IOA and along with this sports activities equipment for the 2022 Asian Video games and Commonwealth Video games, the Indian contingent may even be equipped by them.

Furthermore, Amul additionally has come ahead to assist IOA for the Tokyo 2020 Olympic Video games.

Amul’s sponsorship is for Rs 1 crore for a interval until December 31, 2021.

Tokyo Olympics will start on July 23 and the Video games will run as much as August 8 this 12 months. The occasion was slated to be held final 12 months, however it was postponed because of the COVID-19 pandemic.