Focus on ‘toyconomy’: Prime Minister Modi’s call to India’s toy industry

TIL Desk/National/New Delhi/ Noting that India’s share in $100 billion global toy market is only around one-and-a-half billion dollars, Prime Minister Narendra Modi on Thursday stressed to focus on “toyconomy” advising country’s gaming and toy industry to play a big role in this sector. By focusing on toy and gaming sector, the Prime Minister said that country’s crores of rupees going outside can be saved.

“Today, we import around 80 per cent of our toys as well. That is, crores of rupees of the country are going out on these. Today, the world wants to understand the present potential of India, the art-culture of India, the society of India in a better way. Our Toys and Gaming Industry can play a big role in this,” the Prime Minister said while addressing participants of Toycathon-2021 via video conferencing.

In the last five-six years, the Prime Minister said hackathons have been made big platforms to solve the problems of the country and that the thinking behind this is to organize the country’s potential and to give it a medium. “The effort is that our youth should be directly connected to the challenges and solutions of the country.”