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Cricket BusinessCricket Business NewsDelhi CapitalsIndian Premier League 2021IPL 2021 NewsSponsorsSports Business News

IPL 2021: Delhi Capitals sign JSW Group as the principal sponsor for 2021-2023

Abhinav Kumar Singh
Last updated: March 5, 2021 5:24 PM
By Abhinav Kumar Singh
IPL 2021: Delhi Capitals sign JSW Group as the principal sponsor for 2021-2023
IPL 2021: Delhi Capitals sign JSW Group as the principal sponsor for 2021-2023
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Delhi Capitals announced the JSW Group as the team’s Principal Sponsor for the years 2021–2023 ahead of the 14th season of the Indian Premier League (IPL 2021). Through this association, the JSW insignia will be sported on the front of the team’s jersey and complemented by in-stadia branding of the JSW product portfolio during the tournament. The JSW Group is co-owner of the Delhi franchise, Delhi Capitals and first came on board as the team’s Principal Sponsor in IPL 2020.

Speaking on the association, Kiran Kumar Grandhi, Chairman & Co-Owner, Delhi Capitals said, “I am delighted that we continue to deepen our association with the JSW Group. We share the same ethos and philosophy, and that makes our franchise one of the most formidable brands in the IPL. I am confident that this association will be a fruitful one for our team.”

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JSW Group has been consistently investing in Indian sports, with associations including, being the principal sponsor of their football club, Bengaluru FC, building one of Asia’s most respected Olympic Training Institutes, Inspire Institute of Sport and supporting an over 50-member Olympic Sports Athlete portfolio that includes Wrestling World Champion Bajrang Punia, Junior Javelin World Champion, Neeraj Chopra and Olympic Medallist Sakshi Malik.

Speaking on the three-year association, Parth Jindal, Co-Owner, Delhi Capitals, and Managing Director, JSW Cement and Paints, Founder Inspire Institute of Sport and Director JSW Sport said, “IPL continues to attract the world’s best talent from the sport, making it a globally respected and aspirational brand, attracting a number of national brands with a global recall value. While the league sponsorships consisted of a number of new-age enterprises from the Tech space, they were complemented by well-established national brands such as ourselves. This varied combination of brands is a testament of how the IPL as a single platform provides the best outreach into a very diverse demographic. This is a unique proposition that no other Indian origin platform can provide.”

Commenting on the value creation in being Principal Sponsors for the team in IPL 2020 as well, Parth Jindal added, “Cricket and cricketers are a part of India’s DNA. And as Principal Sponsors of the Delhi Capitals, we are able to add this talented cricketing squad to our JSW Family. A community that includes an employee base of over 67,000 Employees and a network of over 10 Lakh Dealers and Retailers. Our experience last year was that rooting for Delhi Capitals, galvanized & united this JSW Family, while also sparking joy during a trying time for humanity. This ability to refer to some of the best cricketing talent globally as family also provides a huge sense of pride and accomplishment for all within the JSW Group.”

Speaking on the development, Vinod Bisht, Director & Interim CEO, Delhi Capitals, said, “We are a young team, that has grown remarkably over the last few seasons. I am confident that this association will be a successful one, that will help both brands, Delhi Capitals and JSW, to grow tremendously.”

Commenting on JSW’s partnership with the team, Jayant Acharya, Director – Commercial, Marketing and Corporate Strategy, JSW Steel, added, “The IPL and the IPL brand has weathered the pandemic storm, and successfully ensured that brand value creation continues. At the close of the IPL in 2020, through our advertising mix on TV and Digital, JSW Group reached out to more than 125 Million of our audiences which made a strong case for the extension of this association. We also achieved strong growth in our brand awareness scores driven slowly by our association.”

TAGGED:CricketCricket BusinessCricket Business NewsCricket NewsDelhi CapitalsIndian Premier LeagueIndian Premier League 2021IPLIPL 2021IPL 2021 NewsIPL NewsJSW GroupNewsSponsorsSports BusinessSports Business News

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