New Delhi: Around 80 member team from India will take part in the much anticipated London Olympics 2012, acting President of Indian Olympic Association (IOA) VK Malhotra said on Monday.

Malhotra also announced a prize money of Rs 2 lakh for each player of Indian hockey team who qualified for London Olympics.

Earlier, IOA signed a contract with milk production company Amul which got clearance from IOA general secretary and managing director of Amul RS Sodhi.

“Our players will be able to clinch more medals this time” Malhotra said.

“We have received an amount of Rs 1 crore after a deal from Amul and Rs 50 lakh in sponsorship from Samsung. This amount will be given to the players. We have decided to give Rs 2 lakh to each player who booked London tickets, defeating France in the Olympic Qualifiers” he said.

Giving an overview of the players who qualified for London Games, Malhotra said, “Eleven in shooting, eight in Archery, four each in athletics and boxing, and two in swimming have been qualified for London Games.”

“Apart from Tennis, Table Tennis, Wrestling, Boxing, and Badminton, we are expecting players from other games as well to qualify for Olympics” he said.

Bolstering the confidence of youngsters Malhotra said, “If any of the players want to visit London for practice purpose prior to Olympics, IOA would provide facility. We want players to perform and give their best in London, for that we are ready to afford any facility.”