Indo Rama as Team India’s co-sponsor in 44th Chess Olympiad

Chennai: The All-India Chess Federation (AICF) has joined hands with one of Asia’s leading chemical holding companies Indorama as co-sponsor of the Indian team for the 44th Chess Olympiad scheduled in Chennai

from July 28 to August 10.
This is also for the first time that the Indian team is striking it rich with the Tamil Nadu government providing a Rs 1 crore sponsorship for the squad while co-sponsors State Bank of India and Indorama have pledged Rs 50 lakhs each to the squad.
AICF President Sanjay Kapoor has announced that about 75 per cent of the sponsored amount will go to the players while the remaining will be utilized on conducting coaching camps and kits for the players.
“We are delighted to welcome Indorama as the Indian team’s co-sponsor. Hosting the Chess Olympiad is a dream come true moment for us and getting support from the sponsors will help us make it a memorable event. It’s great to see chess getting corporate support which will encourage and bolster the growth of the sport in India,” said AICF Secretary Bharat Singh Chauhan