PGTI scouts for title sponsor as Aircel pulls out

MUMBAI: Professional Golf Tour of India (PGTI) is scouting for a title sponsor after telecom major Aircel pulled out of the deal.

Aircel has decided to focus completely on the Indian Premier League (IPL) where it sponsors the Chennai Super Kings team,. The company, thus, did not go ahead with the renewal of its title sponsorship deal with PGTI.

PGTI director Padamjit Singh Sandhu said, “We had a very healthy partnership with Aircel for three and a half years, but they have decided not to renew the deal.”

While Sandhu refused to reveal the financials of the sponsorship agreement, the three-year agreement is believed to be in the region of Rs 150 million.

An Aircel spokeswoman confirmed that the company was not renewing its sponsorship of PGTI without specifying any reason.

The telecom company, which has its roots in Chennai, had last year renewed its partnership with CSK for three more years.

Sandhu, however, affirmed that the professional golf body was in talks with three potential sponsors – two Indian business conglomerates and one MNC - to replace Aircel.

“I can’t say anything right now but we should be able to sign-up a sponsor in two months,” Sandhu asserted.

Sandhu also revealed that the PGTI has already signed-up two more partners which include a soft beverage partner and a magazine partner in Golf Plus. Without divulging the name of the soft drink partner, he hinted it’s between Pepsi and Coca -Cola.

Aircel had associated with Golf to engage with consumers from the higher income socio-economic category.

Latest Reads
Havas Group India appoints Priyanka Mehra as director marketing and communications

Havas Group India has appointed Priyanka Mehra as director marketing and communications. The appointment is in line with unifying communications across all disciplines under the Havas Group umbrella. Her remit includes working with the senior leadership in India and the regional communications team...

MAM Media and Advertising People
Avvatar sports nutrition urges people to take up a habit instead of a resolution in their new-year digital campaign #aadatbanalo

New year approaches and everyone starts making resolutions. And not surprisingly, most of those resolutions are about getting fit, losing weight and getting in shape.

MAM Marketing MAM
Worldwide Media’s marquee digital property filmfare short film awards announces the 3rd edition

Filmfare, the most credible name in the Indian entertainment industry is back with the 3rd edition of the prestigious Filmfare Short Film Awards 2019. The platform is inviting entries till 31st January.

MAM Marketing MAM
Qatar Airways launches Hollywood-style campaign 'A World Like Never Before'

Qatar Airways started the new year with the launch of the airline’s biggest and most cinematic brand campaign to date, ‘A World Like Never Before’. Conceived and created by 180 Kingsday – Qatar Airways’ agency on record – and produced by London production company, Ridley Scott Associates Films, the...

MAM Marketing MAM
Niine launches period tracker app in Hindi, English

Made-in-India sanitary napkin brand Niine has launched, in collaboration with Federation of Obstetric and Gynaecological Societies of India (FOGSI), a period tracker app. The app has been developed in consultation with medical professionals and is said to be the first to be developed by a sanitary...

MAM Marketing Brands
Ipsos Study 74% Indians are content with their current body weight

According to a new study by Ipsos that explores world’s food habits, insights about Indians are particularly interesting as they bust myths about food habits of Indians

MAM Marketing MAM
91% Indians to spend more on e-com sites in 2019

Factors like growing traffic congestion across the cities are prompting more and more people to shop online reveals the business and brands predictions report 2019.

MAM Marketing Brands
Celebrating the self, Blenders Pride Fashion Tour 2018-19 arrives in Mumbai

The 14th edition of the Blenders Pride Fashion Tour celebrated the self and the individual through its extraordinary new concept-‘Pride’, in Mumbai.

MAM Marketing Brands
MS Dhoni turns world upside-down in Orient Electric's new ad for Aeroslim fan

Orient Electric, part of the USD 1.8 billion CK Birla group, launched an integrated advertising campaign to promote Aeroslim, “India’s first smart ceiling fan”. Aeroslim fan is IoT-enabled and can be controlled via Orient Smart mobile app or by using voice commands via Alexa or Google Assistant. It...

MAM Marketing Brands

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories