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New incentive scheme for toy manufacturing soon financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
Government is providing all round support for creating conducive manufacturing ecosystem for the Toys industry. Some of the measures include promoting Made in India toys; designing of toys based on Indian values, culture, and history; using toys as a learning resource; organizing hackathons and grand challenges for toy designing and manufacturing; monitoring quality of toys;… ....
The government assures that the crisis in the Red Sea has not significantly impacted container availability in most ports. However, there has been a rise in freight costs and container sailings from India have been redirected via the Cape of Good Hope route. The Indian Navy has increased maritime surveillance efforts in the Arabian Sea and is working closely with the Coast Guard. The closure of the Tuticorin smelter plant has affected domestic copper production. The government is closely monitoring the situation. ....
The Indian Toy industry witnessed remarkable growth with a decline in imports by 52%, a rise in exports by 239%, and a development in the overall quality of the Toys. The efforts of the Government have enabled the creation of a more conducive manufacturing ecosystem, doubling the number of manufacturing units, reducing dependence on imported inputs, and increasing gross sales value. India is emerging as a top exporting nation with a strategic plan of action. ....
Indian toy industry sees 52% fall in imports, 239% rise in exports zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.