Tata group had taken over as title sponsors in 2022 from Vivo.
The TATA group had taken over from Chinese mobile manufacturer Vivo back in 2022 due to political tensions at the time. Dream XI had taken over from Vivo in 2020 and then Vivo returned for 2021 IPL. But then pulled out of the title sponsorship with TATA taking over.
BCCI announced the news via an official press release on Tuesday, 12 December.
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"The Governing Council of the Indian Premier League (IPL) invites bids from reputed entities for acquiring the Title Sponsor Rights for the Indian Premier League Seasons 2024-2028.
The detailed terms and conditions governing the tender process including eligibility requirements, process for submissions of bids, rights and obligations, etc. are contained in the ‘Invitation to Tender’ (“ITT”) document which will be made available on receipt of payment of a non-refundable fee of INR 5,00,000 (Indian Rupees Five Lakh Only) plus any applicable Goods and Services Tax. The procedure to procure the ITT documents is enlisted in Annexure A to this notice. The ITT will be available for purchase till January 8, 2024," the BCCI said in its press release.