New Delhi, March 20 -- A NITI Aayog report has proposed roadmap envisaged an investment of around Rs 7,500 crore between 2027 and 2031 to strengthen India's sports goods manufacturing capabilities and export competitiveness.
The report titled Realising the Export Potential of Indias Sports Equipment Manufacturing Sector has outlining Indias manufacturing capabilities, global market opportunities, and policy measures required to enhance the countrys competitiveness in the sector.
The report has identified several challenges affecting export competitiveness of the sector, including a 15-20 percent cost disadvantage compared to competing countries, high duties on raw materials, certification costs, logistics inefficiencies, limited access ...