Toy manufacturers assured of Govt support
Commerce and Industry Minister Piyush Goyal is “actively pursuing” Airbus to begin manufacturing aeroplanes in India, according to a report by the Press Trust of India.
“I’m actively pursuing Airbus to try and get them to come to India to start manufacturing aeroplanes in India,” Goyal said at the CEOs session of ‘The India Toy Fair (TITF) 2021’ on 27 Feb 2021.
But he conceded “It is another matter that I don’t think I will be able to do it.
Tata Advanced System (TASL) had signed a joint venture in 2010 with Lockheed Martin Corporation of the United States to manufacture F-16 fighter jet but there has not been much progress.
Nevertheless, Indian manufacturers have been part of the global supply chain for aircrafts among others.
Goyal assured the CEOs at the Toy Fair that no stone will be left unturned to provide support to toy clusters, make business environment easier, get the environment clearances, and compliances with quality regulations.
He assured the Toy industry full support and cooperation from the Government’s side.
The Minister announced that wherever Toy cluster are being set-up, Bureau of Indian Standards (BIS) will establish laboratories for testing the quality of products.
He also assured that charges for testing will be soon significantly reduced, thereby bringing down the compliance cost of the industry.
Goyal urged the industry to focus on improving quality of their products, of component suppliers and meet quality standards, as this is the only way the cultural mindset will become quality conscious and we can engage with the world.
India as a manufacturer of products will have to provide quality products, stressed Goyal.
“The moment we start making good quality, we will naturally become a player in international trade. It is only the quality culture which will help us to engage with the world and help us to expand our own contribution to resilient supply chains & future businesses. Quality never comes at a cost, it is a cost-saving device. We had the Quality Council of India run a sample test on a variety of Indian & imported toys. The toys were found to be unsafe & were of poor quality.
“This was the origin of the quality control order. I have taken it upon myself to upgrade the quality of Indian products in every sphere. We have to get quality as a defining feature in every work we do in India.”
Goyal told the industry “We need to re-imagine the entire toy industry, we need to re-think our business plans; and we need to re-innovate our way of working to make the industry robust and become part of resilient global supply chain.” #manufacturing #investment #industry #makeinIndia /fiinews.com
