India's steel tycoon Sajjan Jindal feels it is an exciting time for Indian football as his $15 billion Indian conglomerate, JSW Group, is all set to launch its I-League club from the forthcoming season.
"We believe these are exciting times for Indian football and are happy to be entering the league at this stage. We would like to thank the All India Football Federation (AIFF) for awarding us the Bangalore franchise," said Jindal, a former chairman of I-League.
"The popularity of football is growing rapidly in India and we are excited at the opportunity to do our bit to enhance the standards of the beautiful game. In keeping with JSW philosophy of building a strong India, we hope to build a strong and successful football franchise," he added.
The JSW franchise will be playing their home games in Bangalore and also have plans to set up a football academy, spearhead by a renowned coach and also provide better infrastructure to the youth in the vicinity.