New Delhi, Feb. 13 -- Union Minister of Commerce and Industry Piyush Goyal announced that the Indian government will soon introduce new policies to strengthen the country's toy and footwear manufacturing sectors.

The announcement came during his address at the Invest Karnataka 2025 - Global Investors Meet in Bengaluru on Wednesday.

Highlighting recent successes in the toy industry, Goyal reported that toy imports have decreased by 50 percent, while exports have surged to 3.5 times their volume from five years ago.

The upcoming policies aim to build on this momentum and establish India as a global leader in both sectors.

The announcement is part of a broader push to enhance India's manufacturing capabilities. Goyal detailed that the go...