Thestate Micro, Small and Medium enterprises (MSME) department is eyeing for more than Rs 200crore investmentfrom toy manufacturers of Madhya Pradesh, Delhi and nearby states in the current fiscal though lack of availability of industrial land near Indore may discourage some .
Toy manufacturers of Delhi have intended to invest in Madhya Pradesh in the clusters and on industrial land parcels close to well-developed cities like Indore having easy access to transport, allied Industry and labour.
Around 40 industries from 36 companies of India under the banner of the Toy Association of India (TAI), a body of toy manufacturers of India, in a meeting with the state MSME department recently in Delhi had shown inclination in putting up manufacturing units in MP lured by the benefits rolled out by the State Government to industries.
TAI has also proposed to sign a memorandum of understanding (MOU) with the MP government to explore and enhance export and domestic sale opportunities.