The Trust has been set up to identify, support and enhance the performance of young Indian sportspersons. Steel baron Lakshmi Mittal would like to see Indian sports persons being trained professionally to compete in Olympics.

The Indian Olympic Association is responsible for the preparation and participation of competitors in the Olympic Games as well as in Regional events like Commonwealth and Asian Games. There is a separate federation at national level in each game/sport which assists the Indian Olympic Association and preparation of sportsmen.