97% licences granted to MSMEs among toy making units, says government

This, sources said, has been done to promote startups and women entrepreneurs and also to facilitate domestic manufacturers, especially MSMEs.

97% licences granted to MSMEs among toy making units, says government

As many as 97 per cent licences have been granted to micro, small, and medium enterprises (MSMEs) among toy manufacturing units by the government.

According to Commerce Ministry sources, out of the 1,097 licences granted by the Bureau of Indian Standards (BIS) to toy manufacturing units till date, as many as 1,061 or 97 per cent of them have been granted to MSMEs.