Hero Honda and the Anil Ambani-led Reliance Communications are among those which are likely to bid for sponsorship of the Indian cricket team after the BCCI opened tenders on Monday.
With the Indian cricket board’s deal with Sahara ending next month, the BCCI, through a notice issued by its secretary N Srinivasan, has called on companies to bid for sponsorship of the men’s, women’s, India A and India under-19 teams.
Reliance Communications and Hero Honda officials were not available for comments, but industry sources said these two firms are likely to bid for deal.
The bid documents are available for a non-refundable amount of Rs five lakh. Sahara had recently bought the new Pune IPL franchise for Rs 1700 crore. Earlier, they had bagged the sponsorship for the Indian team for Rs 400 crore for a four-year period that ended on December 2009. However, they had agreed to continue for 6 more months as BCCI could not find any sponsors.