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More incentives for Toy industry in the offing

Updated: Mar 01, 2021 08:32:55am
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More incentives for Toy industry in the offing

New Delhi, Mar 1 (KNN) The government wants Indian toys to achieve both quality and competitiveness and is exploring what kind of incentives are required by the toy industry, said Dr Guruprasad Mohapatra, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).

He said this while speaking at a webinar on Driving Investments to India - Making India the next Global Hub for Manufacturing and Sourcing of Toys, during the India Toy Fair-2021.

''Toys are of serious economic concern and a very comprehensive toy master plan has been prepared with various ministries and state governments involved to promote the toy industry,'' he added.

The webinar provided an overview of India’s competitive advantages, regulatory support available, guidance on doing business in India and highlighted experiences of toy associations and companies in India.

The second day of The India Toy Fair-2021, being held on virtual platform at theindiatoyfair.in, hosted over 35 eminent speakers from industry, academia and the Government.

There were seven panel discussions/ webinars and three activities were organised.

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