Toy Industry: Imports Decline by 70 percent while Exports Surge by 61 percent over last 3 years
The success behind the growth of exports in the toy industry can be attributed to a number of initiatives by the government. July 16, 2022 The toy imports in the country have gone down by 70 percent while the toy exports have grown 61 percent over the last three years, as per the data from […]
Funskool Wins Exclusive Manufacturing and Distribution Rights from Goliath Games for ‘Sequence’ in India
“We believe this partnership will have a significant role in providing a unique synergy of strengths to build the brands further,” said Mr. R Jeswant, CEO of Funskool India. May 2, 2022 Funskool India has acquired the rights from Goliath Games to manufacture and distribute their board game ‘Sequence’ in India. Netherlands-headquartered Goliath Games was […]
Playshifu to Expand Manufacturing in India, Plans to Bring ‘Tacto’ to the Country
PlayShifu had introduced the ‘Tacto’ toy product in April this year in the US. The toy focuses on bringing board games to life using the power of touch screens. July 28, 2021 Playshifu, a tech-based education toymaker, is planning to ramp up its manufacturing capacity in India, with the key focus on in-house consumption and […]
Government Approves Eight Toy Manufacturing Clusters Worth Rs 2,300 Crore
The plan to establish toy clusters is under the existing set of schemes such as SFURTI and the eventual goal is to set up 35 toy clusters across the nation. February 22, 2021 With the aim to propel the ‘Make in India’ initiative for domestic manufacturing of toys, the Central Government has granted approval for […]
Chemco Group – Projected to reach INR 1000 crore mark very soon
Started in 1980, Chemco Group is a leading manufacturer of all kinds of PET preforms, plastic pet bottles, plastic water bottles, and so on. The company has six manufacturing facilities in India and a few other units around the world. Mommy & Baby Times interviewed Mr. Gaurav Saraogi, Managing Director of Chemco Group of Companies, […]