Reliance Industries and IMG Worldwide Announce Alliance
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
