Bengaluru, Feb. 13 -- Union Minister of Commerce and Industry, Piyush Goyal, announced that the government will soon introduce new policies to further promote the manufacturing of toys and footwear in India. The aim is to make the country a global leader in these sectors.

Speaking at the Invest Karnataka 2025 - Global Investors Meet in Bengaluru on Wednesday, Goyal highlighted the success of the government's focused efforts in the toys industry.

He said, "Our import of toys has reduced to 50 per cent. Our exports are now 3.5 times what it was 5 years ago, and we will soon come out with policies to further promote manufacturing in toys, in footwear, so that we can become a global champion in these sectors."

He noted that the upcoming po...