Union cabinet
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‘Khelo Bharat Niti 2025’ Will Cut India's Dependency On Sport Goods Imports: Report
Khelo Bharat Niti: Union Cabinet's approval of ‘Khelo Bharat Niti 2025’ will unlock substantial economic value by building new startups and boosting domestic manufacturing, a report said on Wednesday.
India now exports 60 per cent of its sporting goods. While the global sports industry contributes approximately $600 billion annually, India’s current share remains modest, and even moderate progress on this front could unlock substantial economic and social value.
“The policy promotes innovation through startups, encourages CSR investments, supports domestic manufacturing, and fosters public-private partnerships," credit rating agency CareEdge Ratings said in the report.
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