Lakshya Shooting Club (LSC) has signed a Memorandum of Understanding (MoU) with a private sector bank to establish a state-of-the-art High Performance Centre (HPC) in Navi Mumbai. The name of the facility is 'Axis Bank Lakshya Shooting Club High Performance Centre' as the leading private sector bank is involved in the venture. Under the MoU, Axis Bank will "extend financial and developmental support" to LSC to establish a holistic centre which will include two advanced shooting ranges for air rifle, air pistol, and simulated 50m rifle, an integrated sport science centre with performance analysis, injury prevention, and recovery support, a sports psychology unit to support the emotional and mental well-being of the athletes, and residential accommodation for athletes and coaches, and additional training facilities.