To give a fillip to the India’s traditional toys industry, eight toy manufacturing clusters have been approved by the government. The combined worth of the clusters is estimated to be Rs 2300 crore. The clusters will produce 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), as per an Economic Times report.
“We are looking to establish toy clusters under the existing schemes of the government,” an official said. “The government has approved eight new toy clusters in a recent meeting,” a senior official in the MSME ministry said. The government has approved three clusters in Madhya Pradesh, two in Rajasthan, and one each in Karnataka, Uttar Pradesh and Tamil Nadu.
Two toy clusters are currently being implemented in Karnataka and Andhra Pradesh under the Sfurti scheme, which offers incentives such as skill development, capacity building, creation of facilities such as common facility centres, rehousing facilities and marketing and e-commerce assistance to local industries. The plan is to have 35 toy clusters under the scheme, another official said.
“The government is working very swiftly to develop clusters. Approvals are now coming in about six months and it takes another six months for them to be set up,” the MSME ministry official added.
