Addressing exhibitors, international buyers, and stakeholders, Secretary (Sports), Ministry of Youth Affairs and Sports, Hari Ranjan Rao, stated, \u201cThis is a golden period in the growth trajectory of India\u2019s sports goods industry.\u201d<\/p>\r\n\r\n
Outlining an ambitious national vision, Rao highlighted that India aims to scale sports goods exports from approximately \u20b93,000 crore to \u20b980,000 crore.<\/p>\r\n\r\n
Emphasising the scale of transformation required, he said, \u201cIf we have to move from \u20b93,000 crore to \u20b980,000 crore, every manufacturer will have to multiply their scale nearly 25 times. If you do not dream big, you will not be able to achieve it.\u201d<\/p>\r\n\r\n
Manufacturers were urged to scale aggressively, expand globally, and adopt a forward-looking approach driven by innovation and investment, with special emphasis on the role of youth and next-generation entrepreneurs in leading this expansion. \u201cLet us aim to host the world\u2019s largest sports goods exhibition in India with participation from exhibitors across the globe,\u201d Rao said.<\/p>\r\n\r\n
Reaffirming the Government\u2019s commitment, Rao noted that \u20b9500 crore has already been allocated in the Union Budget for the sector. It was underlined that while the Government will provide full policy support, execution must be led by the industry.<\/p>\r\n\r\n
\u201cWe would also like to see many more new manufacturers entering the sports manufacturing sector. The industry should actively explore joint ventures and international collaborations, and the Ministry will be happy to support such partnerships,\u201d the Secretary (Sports) said.<\/p>\r\n\r\n
Addressing the gathering, Joint Secretary (Sports), Vineel Krishna, highlighted the Government\u2019s broader vision and stated, \u201cThe Government is very ambitious about expanding the sports goods manufacturing sector, not only to meet domestic demand but also to enhance India\u2019s global export potential.\u201d<\/p>\r\n\r\n
\u201cWe are hopeful that in the next couple of months we will be able to launch the sports goods manufacturing scheme after necessary approvals,\u201d he said.<\/p>\r\n\r\n
Joint Secretary (Sports) also highlighted the increasing interest shown by several State Governments in promoting the expansion of sports goods manufacturing in the country. \u201cThe next decade is going to be transformational for the sports sector, and all of you will be part of this growth story,\u201d he added.<\/p>\r\n\r\n
\u201cWe are hopeful that in the next couple of months we will be able to launch the sports goods manufacturing scheme after necessary approvals,\u201d he said.<\/p>\r\n\r\n
The 4th edition of ISGF features 75 exhibitors showcasing a diverse range of products, including athletic goods, badminton and tennis equipment, boxing gear, cricket equipment, fitness equipment, sports apparel, indoor sports equipment, and toys.<\/p>\r\n\r\n