Does India need PLI to become a toy manufacturing powerhouse?

Toy imports have come down by 70% in the last three years, while export is up by 60%. Govt is now mulling a PLI scheme to give the sector a fillip. Will the scheme help the toy manufacturing sector?

Channapatna toys - traditionally known as keel kudure — Channapatna toys

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1 min read Last Updated : Dec 27 2022 | 1:31 PM IST

The horizon for Indian startups may not be that bright. But things are certainly looking up for India’s toy manufacturers. Import of toys has come down by 70% in the last three years while the export is up by 60%. The government is now mulling a production-linked scheme to give a fillip to the sector. So will a PLI scheme help the country’s toy manufacturing sector? This podcast offers an insight