The Union Government has approved eight toy manufacturing clusters at a cost of Rs 2,300 crore.
- The objective behind these clusters is to boost India’s traditional toys industry.
- The government has approved three clusters in Madhya Pradesh, two in Rajasthan, and one each in Karnataka, Uttar Pradesh and Tamil Nadu.
- These clusters will manufacture toys made of wood, lac, palm leaves, bamboo and fabric.
- The Department for Promotion of Industry and Internal Trade (DPIIT) and the Ministry of Micro, Small and Medium Enterprises (MSME) are looking to develop toy clusters under existing schemes such as the Scheme of Fund for Regeneration of Traditional Industries (Sfurti).
(Source: Economic Times)
