What is Hockey India’s Rs 3640 crore plan? Big announcement made regarding HIL

Rahul Tiwari

khelja|05-10-2024

The Indian hockey men's team has performed brilliantly in the last few years. Has won 2 consecutive medals in Olympics and recently also won the Asian Champions Trophy. Hockey India League is said to be a major reason behind this success. At the same time, the women's hockey team is also getting better day by day. Therefore, the craze of Indian fans regarding hockey has increased. In view of this, Hockey India (HI) got the Hockey India League (HIL) back after 7 years of exile. Also, for the first time, women were also given entry in this franchise based league. Hockey India now does not want this league to be closed again. Therefore, a master plan has been brought, due to which it can be operated for the next 10 years.

What is Hockey India's plan?

Hockey India League (HIL) will start from December 2024. Before this, the auction of players is to be held between 13th and 15th October. Meanwhile, Hockey India has taken a big step. According to the report of Times of India, a total of Rs 3640 crore will be spent on HIL in the next 10 years. For this, Hockey India itself will invest Rs 112 crore every year. HI does not want this league to be closed like last time.

Therefore, it has pledged to invest a total of Rs 1120 crore. The remaining Rs 2520 crore will be spent by the franchise. According to the report, an agreement has also been made for this. This will promote hockey in India, new infrastructure can be created and players will get a platform to join this game. Let us tell you that before this, HIL was organized between 2013 and 2017, in which apart from India, many famous hockey players from all over the world were also included.

Auction in HIL

This time 8 men's and 6 women's teams will participate in HIL and the league will start on 28th December, while its final match will be played on 5th February. Whereas the final of the women's event will be held on 26 January 2025. All the matches of the league will be played in Rourkela and Ranchi. This time, like IPL, auction of players will be conducted in this league. Every team has to prepare a squad of 24-24 players. For this, the base price of players has been kept at Rs 2 lakh, 5 lakh and 10 lakh. Players have the freedom to choose their base price. Like IPL, bidding for each player will start from the base price only.

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