The Union Budget 2025-26 introduced a new scheme focused on establishing India as a global hub for toy manufacturing, with the goal of promoting high-quality toys that represent the ‘Made in India’ brand. The scheme will focus on the development of clusters, enhancement of skills, and the creation of a robust manufacturing ecosystem to produce unique, innovative, and sustainable toys. By supporting local manufacturing and fostering innovation, the initiative aims to position India as a key player in the global toy market, enhancing both domestic production capabilities and export potential.
