Commonwealth club for PPP in sports biz

The Commonwealth Business Club of India (CBCI) and the Organising Committee Commonwealth Games 2010 Delhi has urged business leaders worldwide to come forward and develop public-private partnerships to build sports in India.

At a two-day Global Sports Summit ‘Turfs’ at Federation of Indian Chambers of Commerce and Industry (FICCI), the delegates discussed about investment in sports industry.

“I encourage Indian and international business leaders to come forth and develop key Public Private Partnerships to sustain and build the future of sport in India,” said Suresh Kalmadi, chairman, CBCI and Organising Committee Commonwealth Games 2010 Delhi.

The summit focussed on the need to channelise the funds both in the rural and the urban areas of the country.