Calling on people to be “vocal for local toys”, Prime Minister Narendra Modi on Thursday said about 80 per cent of the toys were being imported by India with crores of rupees going abroad and asserted that it was very important to change this situation.
Noting that India's share is only about 1.5 billion dollars (over Rs 11,000 crore) in the global toy market of approximately $100 billion (Rs 7.5 trillion), Modi pitched for improving the country's standing in what he called ‘Toyconomy’ or the economic aspects of the toys and gaming industry.
Prime Minister Modi made the
Noting that India's share is only about 1.5 billion dollars (over Rs 11,000 crore) in the global toy market of approximately $100 billion (Rs 7.5 trillion), Modi pitched for improving the country's standing in what he called ‘Toyconomy’ or the economic aspects of the toys and gaming industry.
Prime Minister Modi made the
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