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TOY MANUFACTURING IN VIETNAM
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...- Chinese toymaker takes drastic action to survive Trump’s tariffsAh Biao, a Chinese toy factory owner, navigated US tariff fluctuations by shifting production to Vietnam and back to China, demonstrating t...
- This US-owned factory in China made toys for Walmart, tariffs put it on life supportFacing 145% US tariffs, toy maker Huntar Inc. halted China production, slashed jobs, and is racing to relocate to Vietnam. CEO Jason Cheung...
- Garment, toy companies go full throttle as US buyers look beyond ChinaUS tariffs on Chinese imports are opening doors for Indian garment and toy exporters, potentially boosting their capacity utilization to 90...
- India's toy industry ready to take advantage of high US tariffs on competitors like China, VietnamIndian toy industry sees opportunities from US tariff hikes on China, Vietnam, and other competitors. Local firms are expanding and forming...
- Why did tiny Vietnam face Donald Trump's ire as the country was imposed 46% tariffs on Liberation Day? Here's the reasonUS President Donald Trump has imposed a 46% tariff on Vietnam, affecting a range of industries including apparel, footwear, furniture, and ...
- 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...
- 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...
- 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...
- India's toy exports slip to $152.34 mn in 2023-24; need strategy to push it: GTRI reportIndia's toy exports saw a slight decline to USD 152.34 million in 2023-24 from USD 153.89 million the previous year. Despite quality contro...
- Have high import tariffs helped India improve manufacturing & counter China?The government has successfully used tariff protection in some segments, but the policy needs a review if the country has to see improvemen...
- Toy manufacturers' shift from China is no child's play as India, others struggle to match upToy manufacturers struggle to shift production from China due to surging costs. Hasbro approached Indian supplier Aequs to sub-contract toy...
- 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...
- Nike, Carrier have a problem as India rubBIShes China factories' quality certification applicationsThese firms have now written to the government to seek certification for manufacturing units in other Asian nations, a senior government of...
- 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...
- 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 $...
- Government considering PLI scheme for furniture sector to ramp up manufacturingThe government has already rolled out the scheme with an outlay of about Rs 2 lakh crore for as many as 14 sectors, including automobiles a...
- 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.
- 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...
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