Delhi-based real estate developer, DMC International today said that Swen Realty & Media has entered into an agreement with Traditional Karate Federation of India (TKFI), a national governing body of Karate in India, to solely market, manage and execute "2008 Euro Karate Championship" to be held in April, 2008 in Delhi.Sixteen countries, eight each from Europe and Asia will participate in the event, which includes 'International Workshop on Martial Art for Better Management.'The revenue from both the events is expected to be around Rs 100 million by way of sponsorship fees, workshop participation fees etc.DMC International had earlier said that its board had approved merging Swen Realty and Media with itself.DMC International (formerly DMC Vaults) is a player in the safety solutions market and is looking to develop real estate in Tier II and III cities in India.
