Borussia Dortmund mulling "long and sustainable relationship" with India

Image
Press Trust of India New Delhi
Last Updated : Jun 25 2018 | 4:10 PM IST

German giants Borussia Dortmund could enter the Indian market in a big way, and the Bundesliga club's chief marketing officer Carsten Cramer says they are looking at a long and sustainable relationship with their next "obvious destination" in Asia after China and Japan.

In the last few years, Dortmund officials have made a lot of trips to Asia, and they are now trying to establish their presence in India, having observed the market here for some time.

"India is a market that we have been observing and monitoring in the last few years and the growth of football is very much prevalent. After establishing our Asia presence in 2014 and thereafter China in 2016, India seems the obvious destination," Cramer told PTI.

He said the club will not merely borrow from its model in China and Japan as far as India is concerned.

"We have made our presence in many Asian markets -- South East Asia, Japan, China, and Mongolia and all these cities are unique in its own way. We are not copy pasting our plans and business models from these markets into India.

"It will be given its own merits and we came to learn, study and understand the culture, industry from the different stakeholders and at the same time take back some impressions.

"We will work out a strategy for the Indian market. It will be a bottom up approach hence it should begin in this fashion."
"However, we are looking at a long and sustainable relationship in India and we want to make it right from the beginning. We should have something in place in the coming months."
"This is the DNA of Dortmund and we stand united to fight against these atrocities. The pain may have disappeared but the memory remains."

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Jun 25 2018 | 4:10 PM IST

Next Story