New Delhi, Oct. 28 -- The union Cabinet on Wednesday approved the Khelo India Sports Goods Manufacturing Scheme with an outlay of Rs 1,856.67 crore for the period from 2026 to 2033-34, aiming to transform India into a globally competitive hub for sports goods manufacturing, attract domestic and foreign investment, reduce import dependence and boost exports and employment.
Announcing the decision after the Cabinet meeting, Information and Broadcasting Minister Ashwini Vaishnaw said the scheme would promote investment, manufacturing, innovation and exports while strengthening India's position in the global sports goods industry. Announced in the union Budget 2026-27, the initiative seeks to expand domestic production, increase value addition...