RIL, IOA ink a long-term agreement

In this association, the two parties involved will create a first-ever India house at Paris Olympics 2024.

Reliance Industries Limited (RIL) has signed a long-term agreement with the Indian Olympic Association (IOA) to enhance the performances of Indian athletes and support the national sports entities. 

In this association, the two parties involved will create a first-ever India house at Paris Olympics 2024. The Mukesh Ambani-backed Reliance Industries will also help Indian athletes in several elite multi-sporting events like Asian Games, the Olympics and Commonwealth Games, as the IOC’s principal partner. 

Mrs Nita M. Ambani, IOC Member and Director, Reliance Industries Ltd, said, “It is our dream to see India take centre stage in the global sporting arena. Our partnership with the IOA reinforces Reliance Foundation’s deep commitment to supporting and empowering young athletes across the country with world-class infrastructure and opportunities. We are also very excited to host the first-ever India House at the Paris Olympic Games in 2024. It will be a great opportunity to showcase India’s immense talent, potential, and aspiration to the world!”

IOA Secretary General, Mr Rajeev Mehta, “I thank Reliance Industries and Mrs Nita Ambani for this partnership with the Indian Olympic Association and for their continued support over the years in supporting Indian sports and inspiring the next generation of children to join the Olympic movement. It will be a momentous occasion to have an India house at Paris 2024. This is a giant step in reiterating India’s commitment to the Olympic Movement.”

Ahead of the Paris 2024, India will host the IOC Session in June 2023 at the state-of-the-art Jio World Centre in Mumbai. The hosting of the IOC Session will display the role of sport in the country and also commemorate India’s contribution to the Olympic Movement. 

At Olympics, several countries create their own hospitality house, at the 2016 Olympics over 50 countries made it.

In the forthcoming Olympics, India will set up its first-ever hospitality house.

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