Mobile handset producers, for example, Vivo, Oppo, Xiaomi, Motorola, and Intex are said to be in the race to get the title sponsorship rights for the Indian Premier League (IPL) for the following five years. The BCCI has set the base cost for its lead property’s title rights at INR 120 crore for every year.
The prevalence of IPL and Oppo’s current offered for the Team India sponsorship has offered certainty to the BCCI to build the base cost steeply. Prior in March, when BCCI had looked for offers for the Indian group’s principle sponsorship rights, Oppo Mobile had outbid gather firm Vivo.
So, the greatest ever wears sponsorship bargain in the country will bring BCCI INR 1,079 crore more than five years.
BCCI started the way toward welcoming offers on May 31 when it requested that invested individuals gather delicate reports from its office in Mumbai on installment of INR 3 lakh. The reports were accessible until June 21 and the most recent day for accommodation is 12 twelve on June 27.