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GLOBAL HUB FOR TOYS
New indicator for New India: 25 stocks whose numbers can reveal what is in store for the economy and the stock marketFor decades, there was a familiar way to understand the Indian consumer. Economists waited for GDP, industrial production, inflation, credi...
India eyes a global play after changing China's toy story at homeIndia is seeking to raise its global toy market share from under 1% to 5% by 2032, after higher import duties, safety standards and governm...
Iran warns of military ship ban in Hormuz under potential deal with OmanIran and Oman are negotiating arrangements to manage commercial shipping through the Strait of Hormuz, excluding military vessels, as Qatar...
PM Modi to inaugurate Bhogapuram Airport in Andhra on August 1The state government views Bhogapuram Airport not merely as an infrastructure project, but as a transformational asset for the entire North...
Digital content is driving demand for physical toys in India, says MattelRising screen time is surprisingly increasing toy purchases among Indian children. Digital content inspires children to recreate online wor...
Tariff war opens door for India to emerge as global toy export hubIndian toy industry leaders see the US-China tariff war as a golden opportunity to boost exports, particularly to the US. With the US impos...
Union Budget 2025 focuses on ease of doing biz: Institute of Chartered Accountants of IndiaThe ICAI lauded the Budget for focusing on ease of doing business, promoting domestic manufacturing, and positioning India competitively in...
Budget 2025: A big boost for India’s industrial and logistics sectorsBudget 2025 sets the stage for a significant transformation in India's industrial and logistics sectors, highlighting the toy manufacturing...
Support to toy sector will attract FDI & create jobs for local womenfolk, says Aequs founderFinance Minister Nirmala Sitharaman's support for the toy sector has raised significant hope for industry growth. The announcement of a sch...
Union Budget 2025: Government to launch national manufacturing mission to boost 'Make in India'India's 2025-26 Budget proposes a National Manufacturing Mission to boost 'Make in India' with policy support for industries, including MSM...
Budget 2025: FM Sitharaman announces scheme to make India a global hub for toysFinance Minister Nirmala Sitharaman highlighted initiatives through which the government will undertake specific policy and facilitation me...
Inspiring the builders of tomorrow: Unleashing India’s toy industry potentialIndia's toy industry is experiencing significant growth, attracting global manufacturers due to its competitive costs and expanding market....
Govt, industry to discuss ways to promote growth of Indian toy sector on Jul 8Government and industry to meet for discussions on boosting toy manufacturing and exports.
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...
India’s FY24 toy exports fall, separate strategies for each group key: GTRIIndia's toy exports declined to $152.34 million in FY24. GTRI advises strategies like inviting international manufacturers, building a dome...
Government may announce formulation of policy for toys sector in Budget 2021The commerce and industry ministry is already taking steps to promote domestic manufacturing of toys. It has come out with a quality contro...
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...
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...
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.