( PM Narendra Modi interacts with participants of Toycathon-2021, through video conferencing, in New Delh)

Speed Post News Network

New Delhi :  Prime Minister Narendra Modi interacted with participants of Toycathon-2021 on June 24, 2021, via video conferencing. Union Ministers  Piyush Goyal and Sanjay Dhotre were present on the occasion.

Speaking on the occasion, the Prime Minister said that in the last 5-6 years, youth of the nation has been connected with the key challenges before the country through the platform of Hackathons. Thinking behind this is to organise the capabilities of the country and to give them a medium, he said.

Apart from the importance of toys as the first friend of the children, the Prime Minister also emphasised the economic aspects of toys and gaming. H called it ‘Toyconomy’. The Prime Minister said that global toy market is about 100 billion dollars and India have only 1.5 per cent of this market. India imports almost 80 per cent of its toys. This means that crores of rupees are being drained out of the country. This needs to change, said PM Modi. He underlined that, beyond numbers, this sector has the capacity to bring progress and growth to the neediest segments of society. Toy industry has its own small-scale industry, artisans comprising rural population, dalits, poor people and tribal population.

The Prime Minister singled out the contribution of women in the sector. In order to take the benefits to these segments, we need to be vocal for local toys. The PM called for new models of innovation and financing to make Indian toys competitive at the global level. There is a need for new ideas to be incubated, new start-ups promoted, taking new technology to traditional toy makers, and creating new market demand. This is the inspiration behind events like Toycathon, the Prime Minister said, according to a PIB release.

The Prime Minister referred to the cheap data and growth of Internet led rural connectivity and called for exploration of possibilities in virtual, digital and online gaming in India. He rued the fact that most of the online and digital games available in the market are not based on Indian concepts and many such games promote violence and cause mental stress.

PM Modi highlighted that the world wants to learn about India’s capabilities, art and culture. and society.Toys can play a big role in that. India has ample content and competence for digital gaming. He called upon the young innovators and start ups to be mindful of their responsibility of projecting the true picture of India’s capabilities and ideas to the world.

The Prime Minister mentioned that 75th anniversary of India’s Independence is a huge opportunity for the innovators and creators of the toy industry. Many incidents, stories of our freedom fighters, their valour and leadership can be created into gaming concepts. These innovators have a big role in connecting ‘folk with the future’. “There is a need to create interesting and interactive games that ‘engage, entertain and educate,” said the Prime Minister.

PMO India
@PMOIndia
खिलौनों से जुड़ा एक और बहुत बड़ा पक्ष है, जिसे हर एक को जानने की जरूरत है। ये है Toys और Gaming की दुनिया की अर्थव्यवस्था- Toyconomy: PM @narendramodi
PMO India
@PMOIndia
Global Toy Market करीब 100 बिलियन डॉलर का है। इसमें भारत की हिस्सेदारी सिर्फ डेढ़ बिलियन डॉलर के आसपास ही है। आज हम अपनी आवश्यकता के भी लगभग 80 प्रतिशत खिलौने आयात करते हैं। यानि इन पर देश का करोड़ों रुपए बाहर जा रहा है। इस स्थिति को बदलना बहुत ज़रूरी है: PM @narendramodi

PMO India
@PMOIndia
भारत के वर्तमान सामर्थ्य को, भारत की कला-संस्कृति को, भारत के समाज को आज दुनिया ज्यादा बेहतर तरीके से समझना चाहती है। इसमें हमारी Toys और Gaming Industry बहुत बड़ी भूमिका निभा सकती है: PM @narendramodi