IPL 2020

IPL 2020 Updates – VIVO Backs Out From IPL 13, BCCI Hunts For A New Title Sponsor

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Just as good news has set in once the IPL 2020 was confirmed to be happening in the UAE from September 19- November 10, BCCI received a large jolt as VIVO, the Chinese smartphone giants, has decided to exit from because the title sponsors for this season.

VIVO had signed a five-year deal in 2017 price over INR 2,000 Cr, set to skip this year’s edition because of rising negative sentiments towards Chinese brands and products once India-China border clashes in Galwan Valley.

VIVO has 3 years left in their contract that they can honor in 2021, 2020, and 2023 instead. Chinese portable maker VIVO is IPL’s title sponsor and it pays the BCCI Rs 440 crore annually for the 5-year deal ending in 2020.

This had left BCCI searching for a new title sponsor simply over a month before the 13th edition of the money-wealthy T20 league is set to start. The board had faced backlash for continuing with the Chinese smartphone company as sponsors.

Swadeshi Jagran Manch (SJM), the Economic wing of Rashtriya Swayamsevak Sangh (RSS), The Confederation of All India Traders (CAIT) raised voices against the Indian cricket board’s decision to continue its association with China-connected corporations.

Other firms concerned in the IPL — Paytm, Swiggy, Dream1one — have Chinese investments. Not just the IPL, the groups to attract Chinese sponsorship.

The Indian government has already banned 59 Chinese mobile applications when the PLA personnel used stones, nail-studded sticks, iron rods, and clubs to carry out a brutal attack on Indian troopers when they protested the erection of a surveillance post by China on the Indian side of the Line of Actual Control in Galwan.

twenty Indian soldiers lost their lives in the clash that was the most important confrontation between the 2 militaries when their 1967 clashes.

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