Hockey India League: Vedanta acquires hockey team Kalinga Lancers ...Middle East

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Hockey India League: Vedanta acquires hockey team Kalinga Lancers
source : Business Standard ( Middle East ) () 93
Vedanta Ltd on Friday announced acquisition of Bhubaneswar-based hockey team Kalinga Lancers ahead of Hockey India League (HIL). This acquisition reinforces the company's commitment to promoting sports in Odisha, a region where Vedanta has played a key role in socio-economic development for over two decades. The Kalinga Lancers, former HIL champions, were previously co-owned by Odisha Industrial Infrastructure Development Corporation (IDCO) and Mahanadi Coalfields Limited (MCL). Vedanta Aluminium now assumes full ownership. "With our acquisition of the Kalinga Lancers, we are investing not only in the team but also in the future of Indian hockey," Priya Agarwal Hebbar, Non-Executive Directo

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