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Govt steps help boost toy making, exports; more work needed: DPIIT secy
Update / Judgement Date
11 Jun 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The Indian government's initiatives, including mandatory quality control orders and increased customs duty, have propelled toy exports, but more actions are needed, stated Rajesh Kumar Singh, DPIIT Secretary. He highlighted ongoing efforts to extend fiscal incentives under the PLI scheme. \r
The proposed outlay for the scheme in the interim Budget underscores its significance. Singh emphasized the sector's potential, noting the surge in toy exports and decline in imports. The National Action Plan for Toys and workshops with industry players aim to bolster India's toy manufacturing prowess. \r
Collaborations with online platforms like Flipkart seek to enhance market access and skills, driving growth in the sector.