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DOMESTIC TOY MAKERS
DPIIT steps led to investment commitments of over Rs 1100 cr from global tyre makersLeading global tyre makers, including Bridgestone, Michelin, and Goodyear, are investing over Rs 1,100 crore in India following DPIIT's tem...
International toy fair to begin on July 6; over 100 foreign buyers to participateWooden toy maker Gautam said that different categories of toys will be showcased to buyers such as electronics, soft toys, playground equip...
Govt steps help boost toy exports, manufacturing; more work needed: DPIIT SecretaryIn the interim Budget in February, the Commerce and Industry Ministry has recommended an outlay of Rs 3,489 crore for the Production Linked...
DPIIT officials, Flipkart, toy makers to meet on Wednesday on ways to increase sourcingSenior officials from the Commerce and Industry Ministry, Walmart group firm Flipkart, and domestic toy makers will discuss ways to enhance...
Domestic toy makers’ tie ups with Snapdeal, Walmart in pipeline: GovtThe Indian government announced plans for tie-ups with international toy giants like Snapdeal and Walmart. The announcement comes amid Indi...
Toys to account for significant portion in Walmart's $10 bn exports target from India: OffiicalIn December 2020, Walmart committed to triple its exports of goods from India to $10 billion each year by 2027, providing a significant boo...
Govt, global retailers, domestic toy makers to discuss ways to promote toy exports from IndiaThis event brings together key industry stakeholders, renowned international companies, and leading Indian manufacturers to explore the imm...
India is winning PM Modi's toy war on China. Will this trend continue?India's toy industry has the potential to showcase Prime Minister Narendra Modi's project of creating a self-reliant India that manufacture...
Walmart looking at sourcing toys, shoes, bicycles from IndiaIn 2020, the government issued a Toys (Quality Control) Order. As per the order, toys have to conform to the requirements of relevant India...
Indian toy manufacturers scale up amid rise in demand; eyes global marketsNow the 'made-in-India' toys have a very clear edge in the domestic markets and the manufacturers are scaling up their production capacity ...
Toy industry needs to think big to boost manufacturing, exports: Commerce Ministry"Their revenues have grown, but to become a unicorn (companies having valuation of over USD 1 billion), the industry has to reach to anothe...
A phased manufacturing plan for toys in works as India looks to become export hubThis follows Prime Minister Narendra Modi’s Mann Ki Baat address on August 30 in which he had said India could become a big hub of toy prod...
Can India be a toy hub of the world, as PM Modi has exhorted? It’s a tough gameIndustry experts also say the PM’s call to develop India into a toy hub and the commerce ministry’s move to make BIS certification compulso...
UP govt receives 92 applications from domestic toy manufacturersThis comes days after Prime Minister Narendra Modi in his Mann Ki Baat address said India could become a big toy production hub.
National toy fair, toy labs, Indian-themed toys in the offingThe government is also deliberating forming producers’ companies for all the clusters and link all the clusters and artisans with them.
India’s biggest toy manufacturing hub to come in Greater NoidaThe domestic manufacturers have said that following the increase in import duty on toys from China in December 2019, they were eyeing bigge...
Children, parents won’t let toy sales slow downPestering by children and parental guilt has helped the toy industry grow to $1.5 billion in the past few years.
GMR plans to build toy manufacturing hub in Kakinada to take on importsThe group has earmarked 300 acres of the 10,000-acre SEZ exclusively for toy-makers -both soft and plastic -from India as well as abroad.
- Mahindra & Mahindra opens first toy store Beanstalk to give tough competition to Mukesh Ambani-led Reliance Retail
Mahindra & Mahindra has launched a toy store and driven into a new market that pits it directly against the Mukesh Ambani-led Reliance Reta...
- Domestic toy makers to revive Rs 500 cr Toy City to survive Chinese onslaught
Domestic toy makers are set to revive Rs 500-crore Toy City project in Greater Noida to survive the Chinese onslaught. The 125-acre city of...