Arun Dhumal, treasurer of the Board of Control for Cricket in India said that the board has no plan to end the current contract with IPL title sponsor Vivo. While the money is helping India’s cause, the board may consider reviewing the sponsorship for the next cycle, according to him.
“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 told PTI.
The recent tension between India and China at Galwan Valley earlier this week which is the first clash at the India-China border in more than four decades has given birth to controversy over Chinese trade in Indian territory.
A lot of Indians have raised voice to boycott Chinese products in every possible way after at least 20 Indian soldiers lost their lives at the clash. Dhumal said that Chinese companies sponsoring Indian event is actually serving the country’s cause. The Indian cricket board current gets 440 crore annually from Vivo and the deal will end in the year 2020.
“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.”
Dhumal argued, “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). 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).”
Dhumal explained that the board is not giving any money to the Chinese and instead of that the Indian economy is being benefited by the Chinese sponsorship. “Cricketing infrastructure worth thousands of crores were created across country and none of the contracts was awarded to a Chinese company. 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.”
Dhumal opined, “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.”