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Mittal Champions Trust

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Mittal Champions Trust
Formation9 November 2003 (2003-11-09)
DissolvedMarch 2014 (2014-03)
Location
Founder
Mahesh Bhupathi
Head
Laxmi Mittal
Administrator
Manisha Malhotra
Budget$9million

Mittal Champions Trust (2005 to 2014)[1] was a trust which supported Indian athletes with world-beating potential. It was funded by Lakshmi Mittal and was initiated by his son-in-law Amit Bhatia.

It was founded on 9 November 2005 by Mahesh Bhupathi. The first beneficiary was Joshna Chinappa, India's best squash player.[2] The trust was formed due to Mittal being disappointed by the dismal performance by Indians, who won just one bronze medal in the 1996 Summer Olympics, another bronze in the 2000 Summer Olympics and a silver medal in the 2004 Summer Olympics.[3] The initial funding is $9 million. The trust developed Indian athletes for the 2012 Olympics in London.

The sports focused on were Squash, Badminton, Archery, Boxing, Shooting sports, Swimming and Heptathlon. The foundation did not support cricket.

Players supported

Mittal Champions Trust has 40 athletes as of now. They had supported Abhinav Bindra when he had problem in importing ammunition. The trust supported Abhinav with 50 lacs.[4] MCT also plans to develop training facilities in the country.

Boxing

Shooting

Swimming

Wrestling

Archery

Squash

Athletics

Sailing

  • Nitin Mongia

Awards

L N Mittal announced a 1.5 crore cash award for Abhinav Bindra for winning the gold medal in Olympics.

References

  1. ^ Indian sport suffers big blow as Mittal Champions Trust shuts down Siddharth Parikh 12 March 2014 Sportskeeda Retrieved 01 August 2014
  2. ^ "Press Articles of Joshna Chinappa sponsored by Mittal champion trust". www.ispsquash.com. Archived from the original on 27 September 2007.
  3. ^ "Mittal's Olympic dream is worth Rs 40 crore".
  4. ^ Sapre, Omkar. "Mittal Champions Trust to invest more in sports". The Economic Times.

See also