Extinction March 2014 (2014-03) | Head Laxmi Mittal | |
Formation 9 November 2003 (2003-11-09) | ||
Mittal Champions Trust (2005 to 2014) 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.
Contents
It was founded on 9 November 2005 by Mahesh Bhupathi. The first beneficiary was Joshna Chinappa, India's best squash player. 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. 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. MCT also plans to develop training facilities in the country.
Boxing
Shooting
Swimming
Wrestling
Archery
Squash
Athletics
Sailing
Awards
L N Mittal announced a 1.5 crore cash award for Abhinav Bindra for winning the gold medal in Olympics.