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'Toyconomy': PM Narendra Modi asks people to be vocal for local toys

Prime Minister Modi made the remarks after interacting with participants of Toycathon-2021 via video conferencing

Narendra Modi
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Prime Minister Narendra Modi interacts with Toycathon participants through video conferencing, in New Delhi Photo: PTI

Press Trust of India New Delhi
Calling on people to be “vocal for local toys”, Prime Minister Narendra Modi on Thursday said about 80 per cent of the toys were being imported by India with crores of rupees going abroad and asserted that it was very important to change this situation.
 
Noting that India's share is only about 1.5 billion dollars (over Rs 11,000 crore) in the global toy market of approximately $100 billion (Rs 7.5 trillion), Modi pitched for improving the country's standing in what he called ‘Toyconomy’ or the economic aspects of the toys and gaming industry.
 
Prime Minister Modi made the

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