Tata Steel has planned to extend its support to the Professional Golf Tour of India (PGTI), as an umbrella partner for three more years starting from the 2022 season. The sponsorship commitment is pegged at a higher value, compared to the previous occasion.
It will be doubling the prize money of the season-ending Tata Steel Tour Championship to Rs 3 crore, from this year onwards. Tata Steel first came onboard as umbrella partner of PGTI in 2019 by signing a three-year contract with the controlling body for professional golf in India.
Tata Steel, the flagship company of the Tata group, is the first integrated steel plant in Asia and is now the world’s second most geographically diversified steel producer and a Fortune 500 company.
