The All India Chess Federation (AICF) on Saturday said it will be bidding to host the 44th Chess Olympiad later this year after the prestigious event was moved out of Russia following its invasion of Ukraine.
The Chess Olympiad is a biennial event in which teams from some 190 countries compete over a two-week period. The 2022 edition was supposed to take place in Moscow from July 26 July to August 8.
"Yeah, we are bidding for the chess Olympiad this year. The budget for the event would be $10 million (about र75 crore)," AICF secretary Bharat Singh Chauhan told PTI.