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India's toy exports dip to $152 million in FY24 due to global headwinds

Business Standard LogoBusiness Standard10h ago

India's toy exports dip to $152 million in FY24 due to global headwinds - Business Standard

Quick Summary:

This is a 76 per cent fall compared to 2014-15, Prasada said.

In June, a report emerged that the Centre is aware of this challenge and is engaged in implementing methods to boost toy exports.

In the interim Budget in February, the commerce ministry had recommended allocating Rs 3,489 crore to the toy sector under the PLI scheme to boost local manufacturing.


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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 17:19:04 (10 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 348 words

Reading Time: 2 minutes read

Sentences: 13 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21998664

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 300 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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