India, March 29 -- The Indian Premier League (IPL) is going from strength to strength. Recently, two big examples came through the purchase of two very old franchises -- Royal Challengers Bengaluru (RCB) and Rajasthan Royals (RR). They have been around right from the inception of the league in 2008.

A consortium led by the Aditya Birla Group, The Times Group, Bolt Ventures & Blackstone came up with 1.78 billion USD to effect the purchase of the Bengaluru-based franchise. For the Jaipur-based franchise, US-based businessman Kal Somani, in the company of Ford & Walton families, spent 1.63 billion USD to gain its ownership.

Reflecting on these developments, Delhi Capitals co-owner Parth Jindal has made a big prediction. He believes that in...