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| Jan 01, 1970 | Daily Report |
| RISING BHARAT | News Count (102631) | |
1661. 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.
1662. 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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1663. 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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1664. 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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1665. 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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1666. Gujarat government proposes toy manufacturing clusters
- On 27 September 2020 announced by the Gujrat government, Toy Clusters: Gujarat is setting up dedicated toy manufacturing clusters. investment with ₹2,300 crore Materials with Focus on wood, lac, bamboo, palm leaves, and fabric.
- Policy Support like Backed by National Toy Action Plan and SFURTI scheme. for Quality Control BIS certification mandatory, import duties increased.
- industry Growth by 100+ toy units launched in Gujarat, mostly small-scale. Market Share Rise: From 20% (2019) to 50%+ (2024) and Exports Surge: From US$ 88.6M (2013) to US$ 347M (20220)
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1667. Karnataka’s Koppal Toy Manufacturing Cluster: A Game Changer
- The Indian government is promoting self-reliant toy manufacturing to reduce dependence on imports (mainly from China), especially after COVID-19 disrupted global supply chains. PM Modi has emphasized making India a global toy hub.
- India’s toy market is growing faster (15–20% CAGR) than the global average (5%). However, 85% of toys are still imported, due to cheaper prices and lack of structured local industry support.
- Schemes like Make in India, increased import duties by 200%, and support for MSME loans and e-commerce are helping local toy manufacturers grow and compete.
- Karnataka, home to Channapatna and Kinhal toys, holds 9% of India’s toy market. The state has a well-developed ecosystem including design hubs, testing labs, skilled labour, and plastic toy manufacturing SEZs in Belagavi.
- The Koppal Toy Cluster in Karnataka is a 400-acre integrated facility for plastic and electronic toy making. It includes SEZ zones, export-import facilities, and aims to create 40,000 jobs and attract ₹5,000 crore investment in 5 years.
- Koppal is connected to major highways, seaports, airports, and has 52 ITIs and 5 polytechnic colleges to ensure a steady supply of skilled manpower. The government also offers labor law flexibility and fiscal incentives to attract manufacturers
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1668. Centre charts out comprehensive plan to boost toy production
- 8,366 MSMEs registered in toy manufacturing (NIC codes). Annual National Toy Fair to be conducted by Ministry of Textiles. BIS certification mandatory for all toys since Jan 1, 2021.
- Focus on toys made from recyclable materials and Indian values. IITs, NID, MSME Ministry to support design, technology upgrades, and innovation. Media campaigns via DD & AIR to promote toys and warn about harmful online games.
- The Indian government is involving various ministries like Textiles, Education, Railways, Culture, and MSME to promote indigenous toy development, education-based use of toys, and export potential.
- Toys will be used as teaching tools in schools and Anganwadi’s—based on folk tales, farm tools, and Indian legends. Plans include Toy Labs, Made-in-India Toy Day, and science fairs with toy themes.
- Government will promote toys made from recyclable materials, develop toy clusters, establish toy circles and resource centers, and curb low-quality imports through quality testing in certified labs.
- Public broadcasters like Doordarshan and AIR will air toy-related programmed. Campaigns will also highlight the dangers of violent online games while promoting Indian ethos in toys and games.
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1669. मोदी ने किया नए युग के इंडिया पोस्ट पेमेंट्स बैंक का उद्घाटन, अब आपके घर पर चलकर आएगा बैंक
- 1 सितंबर, 2018 को प्रधानमंत्री नरेंद्र मोदी ने नई दिल्ली के तालकटोरा स्टेडियम में इंडिया पोस्ट पेमेंट्स बैंक (आईपीपीबी) का उद्घाटन किया। इस बैंक का उद्देश्य डाक विभाग के विशाल नेटवर्क और लगभग 300,000 डाकियों और ग्रामीण डाक कर्मचारियों के माध्यम से देश के हर नागरिक तक बैंकिंग सेवाएँ पहुँचाना है, जिससे सबसे दूरदराज के इलाकों में भी बैंकिंग की सुविधा पहुँच सके।
- आईपीपीबी अन्य बैंकों की तरह काम करता है लेकिन ऋण या क्रेडिट कार्ड जारी नहीं करता है; ग्राहक 1 लाख रुपये तक जमा कर सकते हैं, और धन हस्तांतरण, मोबाइल भुगतान, एटीएम/डेबिट कार्ड, नेट बैंकिंग और तीसरे पक्ष के फंड ट्रांसफर जैसी सेवाओं का लाभ उठा सकते हैं।
- लॉन्च के समय, आईपीपीबी की 650 शाखाएं और 3,250 एक्सेस प्वाइंट थे, जिसका लक्ष्य दिसंबर 2018 तक देश भर के सभी 155,000 डाकघरों को जोड़ना है। बैंक आधार, क्यूआर कार्ड और बायोमेट्रिक्स के माध्यम से खाता खोलने और लेनदेन की अनुमति देता है, जिससे ग्रामीण और दूरदराज के क्षेत्रों में वित्तीय समावेशन को बढ़ावा मिलता है।
Click here to find 173 similar incidents of Bharat Economic Growth -> Digital Economy
1670. Amazon India Launches Toyathon Challenge 2020 to Support Aatmanirbhar Toy Tech Innovation
- Amazon India launched the Toyathon Challenge on 3 December 2020, a pan-India toy hackathon, to foster innovation in the Indian toy industry and support aatmanirbhar Bharat (self-reliant India).
- The challenge, a 9–12-week virtual event, aimed to discover unique and innovative toy ideas from students in Indian higher education institutions.
- It encouraged the development of eco-friendly, physical, or hybrid toys using technologies like IoT, sensors, AR/VR, and AI.
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