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TOY EXPORTS GROWTH
CII president R Mukundan projects 7% growth for India, seeks GST Council-like body to drive reformsIndia's economy is projected to grow around 7% this fiscal year, with most businesses finding growth avenues despite global cost pressures....
If India wants faster growth, it must first solve its female labour force participation problemIndia's female workforce participation lags behind peer nations. Boosting this rate could significantly increase GDP. Experts suggest focus...
Indian toy brand Legend of Toys raises Rs 21 crore in Pre-Series A roundLegend of Toys, an Indian toy brand, has raised R 21 crore in funding. This capital will drive growth in new play categories, marketing, an...
These large- and mid-cap stocks can give more than 25% return in 1 year, according to analystsAs the stock market witnesses a recovery, what one should watch for is market breadth. Also, check which sectors are leading the rally. Why...
India discusses boosting trade with UK, local currency trade settlement with TanzaniaIndia and the UK are strengthening trade and investment ties. Discussions focused on maximizing benefits from the Comprehensive Economic an...
Our aim now is to create Indian games for local use and global exports: Krafton CEO KimMakers of popular video game PUBG looks to double down on investments and IP creation. Will invest both from its balance sheet as well as a...
Toy story: US orders decline 50% as tariffs hit exportersAmidst rising tariffs, Indian toy exporters are grappling with a 50% drop in orders from the United States, prompting a shift in buyer inte...
Scheme to boost toy production soon: Piyush GoyalPiyush Goyal announced a scheme to boost toy production. The scheme will focus on enhancing design, quality, packaging, and brand building....
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...
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...
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....
Toys exports dip due to fall in global demand: Jitin PrasadaThe Indian toy export market saw a decline from USD 177 million in 2021-22 to USD 152 million in 2023-24, driven by reduced global demand, ...
These desi products became success stories in India's export pushIndia’s economy is shifting with global supply chains favoring it. Mobile phone exports rose 40.5% in FY24. PLI schemes boosted toys and fo...
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.
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...
Has India’s toy story started to falter?After hitting a high of $177 million in the financial year 2022, India’s toy exports are seeing a fall. To add to the pain, imports are als...
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...
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...
Govt hikes import duty on toys to 70%Toys worth Rs 2,960 crore were imported into India earlier but steps by the government helped in reducing the imports to Rs 870 crore in 20...
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...