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TOY MANUFACTURING CLUSTERS
India’s desi gaming startups tap culture and storytelling to break China’s grip on toy and board game marketIn the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired op...
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....
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...
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...
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.
Aequs to make Marvel toys for Disney in India and METhe company has signed a contract with Stone Sapphire, licensee for Disney in India, to design and manufacture collectible pullback cars in...
After aircraft parts and toys, Karnataka-based Aequs now eyes engine componentsKarnataka regions Koppal and Belgavi have become hubs for contract manufacturing for toys and aircraft components. Aequs, a contract manufa...
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...
PE firm Amicus invests Rs 225 crore in Aequs to help contract manufacturer scale upAequs, which partners with several global and domestic original equipment manufacturers in the toys, aerospace and consumer goods segment, ...
Is India’s renewed focus on ‘Toyconomy’ enough to take on China?A host of factors has given Indian manufacturers a lead in the domestic toys business. But as trade returns to pre-Covid levels, the govern...
Aequs in talks with investors to build manufacturing clusters in North KarnatakaAequs has attracted investments of about $500 million in its Belagavi, Hubballi and Koppal clusters and the company is aiming for another $...
No proposal to include toy industry under PLI scheme, says CentreThe Government had launched Production Linked Incentive (PLI) schemes in 14 sectors which will make Indian manufacturers globally competiti...
Aequs founder Melligeri seeks PLI for toy making, plans IPO after 5 yearsAequs is developing the country’s first and largest toy manufacturing cluster spread over 400 acres at Koppal in Karnataka, besides an indu...
No kidding: India gears up to create its own toy storyBored kids make good business and with a new toy manufacturing policy, India wants a piece of the global pie.
India holds export potential in toy sector, says Commerce Secretary Anup Wadhawan"Toy manufacturing clusters should be developed by State Governments to attract international players to set up their manufacturing base in...
Foxconn of toy world to set up India's first toy cluster in KarnatakaIndia imports USD 1.2 billion worth of toys annually, mostly from China and the toy cluster being developed is to raise domestic manufactur...
Government approves eight toy manufacturing clusters worth Rs 2,300 croreThe government has approved eight toy manufacturing clusters at a cost of Rs 2,300 crore to boost India’s traditional toys industry.These c...
Six firms propose Rs 1500 crore investment as Karnataka bets big on Koppal toy clusterChief Minister BS Yediyurappa performed the ground-breaking at the site, on Saturday, for the toy cluster being developed by Aequs Group, p...
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.