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TOY MANUFACTURING SCHEME
For investors with patience, experience, and anxiety appetite: 5 stocks from different sectors with upside potential of up to 21%For the last five years, the theme on the street has mostly been: Buy today, expect comfort tomorrow. But some of the better wealth-creatin...
India seen to line up three buffers for its economy amid the Iran storm: Fitch unitIran War: The Indian government is seen to focus on securing essential supplies, curbing business costs through subsidies and tax relief, a...
Scheme to boost toy production soon: Piyush GoyalPiyush Goyal announced a scheme to boost toy production. The scheme will focus on enhancing design, quality, packaging, and brand building....
Support to toy sector will attract FDI & create jobs for local womenfolk, says Aequs founderFinance Minister Nirmala Sitharaman's support for the toy sector has raised significant hope for industry growth. The announcement of a sch...
Union Budget 2025: Government to launch national manufacturing mission to boost 'Make in India'India's 2025-26 Budget proposes a National Manufacturing Mission to boost 'Make in India' with policy support for industries, including MSM...
Govt steps help boost toy exports, manufacturing; more work needed: DPIIT SecretaryIn the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for the Production Linked...
Commerce ministry recommends Rs 3,489 crore for PLI scheme for toys; Rs 2,600 crore for footwearAs these two schemes are yet to be cleared by the Union Cabinet, the interim Budget has made a token provision of Rs 1 lakh towards these s...
Toy manufacturing: No new PLI sops on cards for now, says DPIIT secyThe Centre is running PLI programmes worth ₹1.97 lakh crore for 14 sectors in which India aims for self-reliance. These sectors include mob...
Centre not planning any new PLI schemes: DPIIT secretaryResponding to a query on the decision to put the toy PLI proposal on hold, DPIIT secretary Rajesh Kumar Singh said, “Currently we are focus...
Indian kids are pushing the need for a robust ‘Toyconomy’. But where are the Indian toys?The toy sector is a very complex industry even though it caters to around 26% of the Indian population,
Is India’s renewed focus on ‘Toyconomy’ enough to take on China?A host of factors has given Indian manufacturers a lead in the domestic toys business. But as trade returns to pre-Covid levels, the govern...
Over 30,000 substandard toys seized so far this fiscal: Piyush Goyal in Rajya SabhaThe minister said that safety of toys is under compulsory Bureau of Indian Standards (BIS) certification from January 1, 2021 as per the To...
Govt working to extend Rs 3,500-crore PLI benefits to BIS-compliant toysWith many toy components not being manufactured in India, such as certain electronic parts and fabric used in soft toys, the government may...
Government considering PLI scheme for furniture sector to ramp up manufacturingThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
Govt planning PLI scheme for toys, lab-made gems, bicyclesWith the successful rollout of PLI schemes for 14 sectors to create national manufacturing champions, discussions are on to have similar in...
No proposal to include toy industry under PLI scheme, says CentreThe Government had launched Production Linked Incentive (PLI) schemes in 14 sectors which will make Indian manufacturers globally competiti...
Government approves eight toy manufacturing clusters worth Rs 2,300 croreThe government has approved eight toy manufacturing clusters at a cost of Rs 2,300 crore to boost India’s traditional toys industry.These c...
UP government allots land to MSMEs, apparel and toy manufacturers near Jewar airportThe Yamuna Expressway Industrial Development Authority (YEIDA) had invited applications from industries to set up manufacturing units on 1,...
UP govt receives 92 applications from domestic toy manufacturersThis comes days after Prime Minister Narendra Modi in his Mann Ki Baat address said India could become a big toy production hub.
India’s biggest toy manufacturing hub to come in Greater NoidaThe domestic manufacturers have said that following the increase in import duty on toys from China in December 2019, they were eyeing bigge...