For a short time, within the first week of the Paris Olympics 2024, three Asian nations topped the medals chart. The highly effective island nation Japan pipped China to prime the chart, whereas the communist superpower stood second adopted by South Korea.
Whereas Japan & China’s emergence on the prime appear apparent, given the 2 nation’s financial prowess and their respective investments into sports activities for many years, inspite of its comparatively small inhabitants – of about 5 crore folks – South Korea staying forward of the USA might shock many. As compared, India’s inhabitants is estimated to have surpassed China’s with its 140 billion-plus folks. However their medals’s tally tells a contrasting story. Whereas India bagged 7 medals (together with one gold) within the final version held in Tokyo in 2021, S. Korea was the third Asian nation, behind China & Japan, within the tally with its 20 medals (together with six golds).
Nonetheless, the numbers differ learning nations like China – which was until Seventies was pretty low-income nation – and the likes of S. Korea – one factor turns into obvious. Constant investments in sports activities, backed by scientific strategies to establish and prepare athletes pays off ultimately. Each of them, not solely got here up with methodical techniques devoted to sports activities analysis, but additionally poured in billions of {dollars} to arrange world class sports activities infrastructure. And, importantly, transformed sports activities right into a sustainable profession for athletes – an area the place corporates performed a key function.
After encouraging efficiency by the Indian consignment within the Tokyo Olympics, within the Commonwealth Video games 2010 (held in India) and Asian Video games 2023, is slowing driving the nation’s company group’s in direction of sports activities. From India’s prime enterprise teams like Tata and Reliance to JSW, the company world is coming forward to supply top-notch sports activities infrastructure, academies, expertise sorting and sponsorships – offering impetus to the sports activities and the athletes.
Take Reliance Basis, as an example. Beginning in 2019 with an intention to enhance the nation’s efficiency at Olympics and different prestigious worldwide occasions, Reliance Basis – billionaire Mukesh Ambani’s philanthropic enterprise, partnered with the Odisha Authorities for operation of a excessive efficiency centre for athletics in Bhubaneswar. It presently helps near 250 athletes. Taking the initiatives in sports activities ahead, the muse is now aiming to convey the Olympics video games in India in 2036.
One other main conglomerate Adani Group, beginning 2016, has been backing athletes by its GarvHai initiative and is the Principal Sponsor for the continuing Paris Olympics. Sajjan Jindal’s JSW Group is spending Rs 300 crore for improvement of sports activities. It has not solely spent Rs 150 crore and constructed large sports activities infrastructure like Encourage Institute of Sports activities, however can also be backing dozens of athletes for the Olympics 2024.