Monday, April 2, 2007

NISA to pump in $150m for 11 new stadia

Mumbai-based sports training, marketing and management company Neo International Sports Academy (NISA) plans to pump in $150 million over the next two years to set up 11 indoor sports arenas across India. It is setting up the country’s biggest indoor sports facility “NISA Phoenix Indoor Cricket Arena” in Gandhinagar in seven months. The company will then put up two other indoor stadia with facilities for cricket, beach volleyball, soccer and golf in Ahmedabad and Vadodara.

Courtesy: EconomicTimes
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