Reliance Industries and IMG Worldwide Announce Alliance

Posted by Samron Jude on March 16th, 2010 in Technology | No Comments

Reliance Industries Limited (RIL) and leading sports marketing and management Company,IMG, have announced that they are entering into a joint venture that will help the market of sports and entertainment in India.

According to reports, this new venture of IMG Reliance Pvt. Ltd., “will have parallel complementary strategies: to provide and operate world class infrastructure and coaching facilities in the country to unlock India’s sporting potential and; to create and operate major sports and entertainment assets in the country.”

This alliance will help India in a big way since it will help to develop new sports and entertainment market places that will benefit the country’s sports and entertainment industries.

Source: IPRW


 

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