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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102241) | |
1631. PM Modi’s historic Ghana visit: UPI push, 4 MoUs inked, new frontiers in defence, and minerals explored | A look
- Prime Minister of India On 2 July, 2025. held a bilateral meeting with Ghanaian President John Mahama, during which the two leaders upgraded their relationship to a Comprehensive Partnership.
- India and Ghana signed four Memoranda of Understanding (MoUs) On 2 July, 2025. to strengthen bilateral cooperation in key areas such as culture, health, standardisation, and institutional dialogue.
- The visit is expected to significantly deepen the India-Ghana partnership and signal India's continued engagement with Africa and the Global South.
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1632. Indore Launches India’s First QR-Based Digital House Address System
- On 3 July 2025, It was reported that, In a landmark move under India’s Smart Cities Mission, the Indore Municipal Corporation (IMC) had launched the Digital House Address Project, integrating QR codes and GPS technology to replace conventional address formats.
- The first-of-its-kind initiative in the country is set to redefine urban administration, improve civic service delivery, and bring standardisation to India’s chaotic addressing system.
- The first official deployment of QR-based address plates in India, seamlessly integrated with the national Digipin system, and offers a scalable model for digital urban infrastructure.
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1633. Govt working to extend Rs 3,500-crore PLI benefits to BIS-compliant toys
- The Indian government is planning a ₹3,500 crore Production Linked Incentive (PLI) scheme to boost domestic toy manufacturing as per BIS standards.
- The scheme aims to reduce unsafe toy imports from China—imports fell from $371 million (FY19) to $110 million (FY22), a drop of over 70%.
- With most toy makers being small/medium enterprises, incentives and turnover are expected to range between ₹5–7 crore. Around 1,000 toy licenses have already been issued.
- India is the 2nd largest polyester producer and holds an 8% global share in plush toys—expected to become a major toy manufacturing hub through PLI and related initiatives.
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1634. MeitY Announces Electronic Toy Hackathon (e-Toycathon)
- on 23 November 2024, The Ministry of Electronics & IT (MeitY), in partnership with C-DAC and LEGO Group, conducted a one-year training program under the project titled “Development of Electronics and IT-based Control and Automation Solutions for Consumer Electronic Goods (Toy Industry)”.
- The program focused on training young engineers, particularly from SC/ST and Northeastern Region (NER) backgrounds, in designing and developing electronic toys.
- The LEGO Group partnered as a knowledge partner, with Sam Coates (Head of Innovation, Creative Play Lab) conducting webinars and providing feedback on toy design and development standards, helping students align with global innovation practices.
- MeitY announced the Electronic Toy Hackathon (e-Toycathon) to promote innovation and competition among toy tech developers. promoting entrepreneurship and startups in the sector.
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1635. Govt creates sports and toys manufacturing zone in Khuskheda
- Rajasthan state government has developed a dedicated industrial area in Khuskheda near Bhiwadi over seven acres of land having 39 plots. Once fully operational, the zone is projected to attract approximately ₹300 crore in investments and generate around 7,500 jobs.
- A recent RIICO study shows India’s sports goods and toy sector is valued at ₹18,000 crore, but only about 20% of toy demand is met domestically; the rest—especially from China and Italy—is imported. India holds just 0.51% of the global toy market, compared to China’s over 45% share.
- The zone benefits from excellent connectivity—it is part of the NCR, just 10 km from NH 48, 67 km from IGI Airport (Delhi), and 51 km from Gurugram. It offers quality infrastructure and skilled labour suitable for large-scale production.
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1636. IG Drones Secures India’s First Patent for Defence Drone Simulator
- On July 3, 2025, IG Drones has secured a patent for the country’s first entirely indigenous defense drone simulator a tool designed for realistic combat drone training in complex scenarios like GPS denied zones.
- Packed with Artificial Intelligence, physics engines and real time terrain modeling the simulator replaces imported systems reducing dependence on foreign technology.
- The platform offers high fidelity training for the Army, Navy, Air Force and paramilitary units supporting multi drone missions with safer and more cost effective methods.
1637. Indian toy industry worth Rs 1700 cr is here to stay as toys inspired by flicks create ripples among kids
- India is set to grow at 157% between 2009 and 2014, faster than other Asian countries. Market Size- ₹1,700 crore and annual Growth Rate was 15–20%. Projected Increase in Toy/Game Spending (2009–2014) outpacing other Asian countries, India 157% almost.
- Revenue from Mattel India (Barbie, Hot Wheels) around ₹300 crore turnover and Funskool (MRF-Hasbro JV): ₹80 crore revenue (FY 2010–11). Global Toy Market (2010) was Total Size: US $83.3 billion with Growth Rate: 4.7%.
- With more dual-income households and parents spending away from home, there was a rising trend of using toys for entertainment and education. This social shift, along with film tie-ins, significantly boosted toy consumption.
- Indian companies like Funs Kool were actively launching movie-based toy lines to tap into this trend. The rise in demand encouraged domestic manufacturers to innovate and grow within the organized market.
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1638. Intertek opens toy testing lab in Gurgaon the new NABL-accredited laboratory will support toy retailers, brands, and manufacturers, in meeting standards and requirements established by the industry
- Intertek opened its first NABL-accredited toy testing laboratory in Gurgaon to support Indian toy retailers, manufacturers, and brands. The lab ensures products meet industry quality and safety standards before reaching consumers.
- The lab offers design evaluation, mock-up sample studies, initial product specification analysis, and product reviews. These services help identify potential safety risks and ensure that toys are safe and compliant before they hit the market.
- Intertek’s initiative aligns with the expanding Indian toy market, driven by a growing middle class and rising consumer safety awareness. these services help in brand protection, supply chain quality assurance, and consumer trust by ensuring toy safety—especially important for parents and children.
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1639. Saharanpur wood carvers to begin a new chapter with wooden toys
- On 8 December 2020, A district administration initiative has trained women in self-help groups to transform wood-carving scraps into crafty wooden toys, launched with just 25 women, empowering them to earn an additional ₹5,000–7,000 per month.
- wood-carving skill was dominated by men, but the program has enabled women to access rural workshops, learn carving, and become active creators. The initiative cleverly repurposes leftover wood scraps from existing carving businesses—previously burnt as waste—into valuable toys, reducing both cost and waste.
- Supported by the National Rural Livelihood Mission and local administration, the project offers training through RSETI, a dedicated workshop space, and access to local fairs and train-station stalls for selling products. This combination of skill-building, infrastructure, and market linkage drives rural economic development.
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1640. India’s first toy-making hub pins hopes on ‘vocal for local’
- Toy City, India’s first toy hub, planned in late 1990s, Over 100 plots allotted, but only 10 toy factories operate today due to Issues like power cuts, land disputes, and lack of government support slowed growth.
- Little Genius Toys Started with ₹1,500; now 300+ workers, wooden toy factory. Natkhat Toy From 600 to 6,000 toys/day. Manufacturers like Natkhat Toys and Little Genius Toys persisted despite hurdles and are now successful.
- Tin Treasurer Exports 95% of toys; annual growth 10%. Industry Size: Global toy market: ₹7 lakh crore. India’s market: ₹10,000 crore (IMARC).
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