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 […]
Noida Set to become a Toy Manufacturing Hub
A total of 134 big toymakers have acquired land at Noida’s Toy Park to set up their factories at the cost of INR 410.13 crore. August 11, 2021 Noida, the industrial town in Gautam Budh Nagar district of Uttar Pradesh, is set to become a major manufacturing hub of toys in the country. With Noida’s […]
Toycathon: PM Modi Urges to be Vocal for Local Toys
Emphasizing the importance of toys, PM Modi has reiterated the focus should be on developing toys and games that represent the Indianness in interesting and interactive ways. June 28, 2021 Urging people to be “vocal for local toys”, PM Shri Narendra Modi said that about 80 percent of the toys were being imported by India […]
India Toy Fair: The Virtual Toy Fair Inaugurated by PM Modi
PM Modi advocated for bringing out the potential of the Indian toy industry so that it can have an identity and called this an important part of the ‘Atmanirbhar Bharat’ initiative. March 09, 2021 The India Toy Fair 2021 which was held virtually from 27 Feb to 02 March was inaugurated by Prime Minister Shri […]
Aequs, Foxconn of Toy World to Set Up India’s First Toy Cluster in Karnataka
Aequs Private Limited is developing a 400-acre toy manufacturing cluster at Koppal in Karnataka at an investment of USD 500 million, its Chairman Aravind Melligeri said. March 01, 2021 It is Foxconn of the toy world, manufacturing some of the most popular superhero figures and toy dart guns at a factory in Karnataka for some […]
Toy’ing With Design – the theme for Ahmedabad Design Week
A five-day event – Ahmedabad Design Week was held virtually at Karnavati University, and it was organized in collaboration with i-Hub, a Gujarat government initiative. February 11, 2021 Emphasizing Prime Minister Narendra Modi’s urge for going vocal about toys made in India and encouraging the growth of the domestic toy industry, Ahmedabad Design Week 2021’s […]
Mandatory BIS norms for toys aimed at curbing low-quality imports
The production of quality of toys has been The Quality Control Order issued by the BIS has been come into effect since January 1. January 08, 2020 The government has made BIS quality standards mandatory for toys from January 1 to curb cheaper and low-quality imports, Consumer Affairs Minister Mr. Piyush Goyal said, even as […]
Toys Sector: PM Modi pushes for toys and games inspired by Indian culture to boost toy manufacturing
PM Modi convened a meeting with senior Ministers and officials to discuss ways to encourage the growth in the manufacturing and global imprint of Indian toys. He has also called for promoting domestic toy clusters through innovative and creative ways. August 24, 2020 Prime Minister Shri Narendra Modi held a meeting with senior Ministers and […]