Handball Sport News : Handball sport gets an investment of INR 240 CR

Handball sport in India gets a major boost as an entertainment company invests a massive sum of INR 240 crores for the Premier Handball League under the aegis of the Handball Federation of India. This has come as one of the biggest investments for an Indian Olympic sport. The funding will be used to accelerate the growth of both men’s and women’s handball in India in the next five years. With an investment of Rs 120 crores each for the men’s and women’s games, the company plans to spend 35 crores for grass-root development, nurturing and training junior and sub-junior talents in the country as well as implementing a well-structured program to help local coaches acquire international standards. Handball as a sport is played by over 190 countries across the world, handball has immense popularity in India at the grass-root level with more than 85000 registered players currently.