The Indian government has taken a significant step to enhance its sports goods manufacturing sector by approving the Khelo India Sports Goods Manufacturing Scheme. The Union Cabinet, led by Prime Minister Narendra Modi, has allocated ₹1,856.67 crore for this initiative, which is set to run from 2026 to 2033-34. This funding aims to bolster investment, manufacturing, and innovation in the sports goods industry, while also promoting exports to strengthen India's position on the global stage.

The Khelo India scheme is designed to support various aspects of the sports goods value chain, including the establishment of manufacturing clusters and encouraging private investment. By focusing on research and innovation, the initiative intends to create employment opportunities and foster a more robust sports goods ecosystem in India. This move is expected to attract both domestic and international players to invest in the sector, enhancing the overall competitiveness of Indian sports goods.S1

As the scheme unfolds, it will likely play a pivotal role in transforming India's sports goods landscape, which has been gaining traction in recent years. With a commitment to promoting local manufacturing and innovation, the government aims to position India as a key player in the global sports market, potentially increasing exports and creating a sustainable industry that can support athletes and sports enthusiasts alike.S2