Koppal Toy Cluster in Karnataka to be Operational from March
The upcoming toy cluster is expected to attract an investment of INR 4000 crore and it will contain more than 100 large and small manufacturing units along with an incubation centre for toy manufacturing and ancillary activities. January 10, 2022 The Koppal Toy Cluster (KTC), the first-of-its-kind toy manufacturing cluster in the country, is all […]
IKEA looking to source children’s range from India
The multinational furniture retailer is intending to scale local sourcing from India as part of its expansion plans in view of the increasing demand. For toys, IKEA works with a single-sourcing partner from where it procures soft toys. March 01, 2021 Swedish furniture retailer IKEA is planning to scale sourcing of toys and its children’s […]
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 […]