"We have been a sponsor for the brand till it was suspended and we want to continue to be on the back of their jersey in future. It gives us reach across the country," said Rakesh Singh, Executive President, India Cements.
The Chennai franchise was suspended for two years from IPL by Justice R M Lodha Committee in 2015, as it convicted Gurunath Meiyappan, son-in-law of Srinivasan as guilty of betting. Rajasthan Royals, another IPL team was also suspended along with it. There were also allegations related to the conflict of interest of Srinivasan owning the brand while he was the head of BCCI. Srinivasan, who was also heading the ICC, is currently not in both the ICC and BCCI management.
In May, 2015, the franchise rights of CSK was transferred to a separate entity- the Chennai Super Kings cricket Ltd (CSKCL). CSK has been one of the major brands in the IPL in the past, according to studies.
Kasi Viswanathan, Consultant Sports, India Cements and former Secretary, TNCA said the inaugural ceremony of the second edition of TNPL in Chennai will be sponsored by CSK Cricket Ltd. The firm has plans of engaging in a lot of promotional activities, besides using the event as a curtain raiser for the return of the brand to IPL, next year. The two-year ban on CSK ended on July 14, this year.
Commenting on the brand building activities of India Cements, Singh said that the company has identified opportunities for building royalty of its dealers, stockists, masons, contractors, engineers, through the TNPL event. The brand has been associated with the TNPL since last year and is looking to reach out and connect with 350 dealers operating within the state this year. Apart from this, it is also eyeing to build its brand by increasing its connect with its customers, masons and staff located in the neighbouring state of Kerala as well.
Tamil Nadu is a core market for India Cements, accounting for around 52 to 60 per cent of its total sales. By the end of this year's TNPL event, the company's marketing expenditure would have gone up by 10 per cent a year, which would translate into an increase of around Rs 4-5 crore on an annual basis.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)