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IndianOil Commits Rs 40 Crore to Strengthen India's Boxing Ecosystem with SAI and NSDF

13 October 2026National

Indian Oil Corporation, the Sports Authority of India and the National Sports Development Fund signed a two-year, Rs 40 crore partnership on 13 October 2026 to strengthen India's boxing ecosystem. IndianOil contributes through CSR, the NSDF facilitates resources and SAI supplies technical expertise. Funds cover talent identification, athlete development, coaching, sports science, international exposure, boxing academies and capacity building for coaches, referees and technical officials. The MoU was signed in the presence of Sports Minister Mansukh Mandaviya, Sports Secretary Hari Ranjan Rao, Boxing Federation of India president Ajay Singh and IndianOil Director (HR) Rashmi Govil, and is linked to the revamped Khelo India Scheme.

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The National Sports Development Fund was set up in 1998 under the Charitable Endowments Act, 1890, administered by the Ministry of Youth Affairs and Sports | The Sports Authority of India was established in 1984 after the 1982 Asian Games and is headquartered in New Delhi | Indian boxers won six medals - three gold, three bronze - at the 2026 Asian Games

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