‘NIKE, Incorporated [1978-Till Date]: Whether, Model for Make in India?’/Arjun J Chaudhuri
NIKE, Incorporated [1978-Till Date], formerly-called: Blue-Ribbon Sports
[1964-78], has been brand-associated with national cricket team of India,
since 2006, when it was awarded to become the official kit sponsor of the
national cricket team, supplying the team with key equipment & sportswear.
According to news reports, in the calendar year 2016, NIKE, incorporated
[1978-till date], paid approximately Rs-370 crores to the awarding body
for cricket in India, BCCI to be, and retain its official kit-sponsorship of
the national cricket team of India till the calendar year 2016.
Additionally, NIKE, incorporated [1978-till date],pay Rs-87,34,000
per-match, to BCCI, as royalty fees.
There have been news reports, that the awarding body for cricket in
India, BCCI, is or was unhappy with NIKE, incorporated [1978-till date], for providing
sub-standard clothing to the team players, which is really difficult to believe
for the MNC company that has been at the cutting edge of manufacturing key-equipment
and sportswear to customers across affiliated or
acquired brands the world over.
That while the issue is being resolved at the highest level, it is
important to acknowledge that NIKE, incorporated [1978-till date], has been at
the forefront of local and off-shore manufacturing from USA to emerging
markets, to bring down manufacturing-Costs while at the same-time, focusing its
revenues on product development through scientific research techniques, and
innovative marketing to pull-in customers from its key competitors without
compromising on quality control, and yet commanding High-Price in Retail-Market
for its Product-Line, and Cult-Following to boost.
That NIKE, incorporated [1978-till date],
formerly called: Blue-Ribbon Sports [1964-78], is sportswear [shoe
& apparel] multi national company, head quartered in Beaverton, Oregon, USA.
That NIKE, incorporated [1978-till date],
was founded [foundation] in 1964, as Blue-Ribbon sports [1964-78], by Co-founders:
Bill Bowerman [19.02.1911-24.12.1999], the track and field coach at the University of Oregon, USA, whose innovative mix of academia
and scientific experimentation led to the creation of light weight, yet durable
Waffle-shoe, and Philip knight[President/CEO] who continues to serve the
company till date, growing it into multi-billion USD enterprise.
The teacher student relationship blossomed into business partnership
that led to the opening of the retail outlet, in 1966, and brand launched:
NIKE, whose swoosh-design, recognized the world-over, intellectually inspired
the creation of
Nike-branded shoe as its premier sports-wear
Product, in 1972.
That Part of NIKE, incorporated’s success is owed to endorsements by such
athletes [celebrity athletes] as:
[1] Michael-Jordan [Basket-Ball],
[2] Mia-Hamm [Golf],
[3] Roger-Federer [Tennis], and
[4] Tiger-Woods [Golf].
However, in cricket, they are yet to make their mark, as they have made
in the case of basket ball in USA.
But their foray into golf, and subsequent success in that sport through
celebrity endorsements, and quality control in their product line could be the
precursor of their dominant-success in cricket…
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