Will BCCI drop Indian companies with Chinese investments?

The Board of Control for Cricket in India seems to have no great pressure to pull out the Indian companies which have Chinese investments.ET report mentioned,” BCCI is not concerned with calls to drop sponsors with Chinese investments, including team India’s jersey sponsor Byju’s and IPL’s official partners Dream11 and Paytm.”

“We are here for the growth of Indian cricket and not to make a political statement. All of these companies, Paytm, Dream11, Byju’s, and even Swiggy have been incorporated in India, owned by Indians and a majority of employees are Indians. It is unfair for anyone to consider them Chinese,” a senior board official said.

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Last week, Vivo and the BCCI mutually decided to “pause” their five-year sponsorship agreement in the wake of an upsurge of anti-Chinese investment in India after the mid-June border clashes between the two countries.

BCCI got permission to hold IPL 2020 in the UAE. The tournament is scheduled to begin in the coming month. The IPL stakeholders are closely watching the developments at BCCI. The board is yet to replace the title sponsor, the board has issued an expression of interest (EoI), ids for which shall be received by August 18.