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NRI, Mittal launched Rs. 40 crore "Mittal Champions Trust" for young Indian sports men


Mumbai, Nov. 09, 2005
NRI press

NRI, UK steel tycoon Lakshmi Mittal, announced Rs. 40 crore `Mittal Champions Trust'. His ambition is to support and performance of talented young Indian sportsmen and women to win medals at the Olympic Games at Beijing in 2008, New Delhi Commonwealth Games in 2010 and 2012 Summer Olympiad in London.

Mr. Mittal said, "I went to Athens to see the Olympics last year and was excited by the performances, but was disappointed to see India languishing at the bottom. When Lithuania can win medals why not India?

"There are many districts in India and I am sure there's plenty of talent to be tapped there. Someone like M.S. Dhoni has emerged from Jharakand. I hope more Indian corporates would start similar initiatives to support Indian sports. We will do our best, train athletes in India or abroad in order to achieve excellence in sports," said Mr. Mittal.

Congratulating Mr. Mittal, the Union Civil Aviation Minister, Mr. Praful Patel, said cricket has received maximum patronage in independent India and was happy that Mr. Mittal had decided to support sports persons.

"He's the third richest man in the world. I hope he becomes the richest man so that he will be able to support sports in India in a much bigger way."

India's cricket captain Rahul Dravid is one of the trustees on the board, apart from Messrs. L.N. Mittal, Aditya Mittal (L.N. Mittal's son), Amit Bhatia (son-in-law) and Mahesh Bhupathi. "We will get a different perspective from Rahul, that's why he's in the trustee board," said Mr. Mittal.

"Mittal Champions Trust" will provide chosen youngsters, from the age groups of 17 and above, 13-17 year olds and 10-12 year olds, with the highest quality training available for their sport.

Joshna Chinappa first beneficiary of "Mittal Champions Trust"

Tennis star, Joshna Chinappa (Nine time doubles Grand Slam winner) who was present at the launch of the trust, is the first beneficiary by signing as athlete

Mahesh Bhupathi met Mr. Mittal at the All England Tennis Club last June as a result of which the trust modalities were completed with a catch phrase, "India's first trust dedicated to win medals and prestige for Indian sport".

Attention will be given to every aspect that makes a sportsman successful," said Bhupathi, who had initiated the idea with the Mittals.






Mahesh Bhupathi, Joshna Chinappa, Aviation Minister Mr. Praful Patel and Lakshmi Mittal at the announcement of "Mittal Champions Trust" in Mumbai

Mr Praful Patel, Minister for Civil Aviation, Mr Murli Deora, Congress leader and Mr Lakshmi Mittal to announce the launch of "Mittal Champions Trust" in Mumbai