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India


"Import of toys gone down, exports up": PM Modi

"Import of toys gone down, exports up": PM Modi

New Delhi, July 31 (UNI) Imports of toys into India has gone down, and export of Indian toys has increased, Prime Minister Narendra Modi said on Sunday in his radio program Mann ki Baat.
He recalled that in one of the episode of 'Mann Ki Baat', he had talked about the potential of India as a toy manufacturer.
"I had specially discussed the rich heritage of India in Sports and Games. The local toys of India are eco-friendly, consonant with both tradition and nature," he said.
"Due to our Youngsters, Start-ups and Entrepreneurs, what our toy industry has achieved, the successes we have achieved, no one could have imagined... Earlier, where toys worth more than Rs 3 thousand crore used to come from outside, now their import has reduced by 70 percent and it is a matter of joy that during this period, India has exported toys worth more than two thousand six hundred crore rupees to foreign countries," the Prime Minister said.
He said all this happened during the Corona period.
"India's toy sector has proven its mettle by transforming itself. Indian manufacturers are now making toys based on Indian Mythology, History and Culture".
He added that Indian toy manufacturers are also working closely with the world's leading Global Toy Brands.
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