India Launches Strategy to Boost Sports Equipment Exports
The Ministry of Youth Affairs and Sports, supported by NITI Aayog, has launched a strategic report aiming to turn India into a major sports goods manufacturing hub by 2036. The plan outlines an ambitious target to increase sports goods exports to USD 8.1 billion, emphasizing the significance of the sector for employment and economic growth. Key strategies include administrative reforms, fiscal incentives, and developing new manufacturing clusters.
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