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Hindustan Times
07-07-2025
- Entertainment
- Hindustan Times
Toy Story Reloaded: Youngsters turn kids for playtime at Toy Biz 2025 @ Bharat Mandapam in Delhi
A dollhouse with a functional lift and fan? Playtime just got an upgrade! Price: ₹3,950.(Photo: Isha Yadav/HT) Dil To Bachcha Hai Ji… is the Bollywood song that comes to mind as one enters Bharat Mandapam, Pragati Maidan to visit the ongoing Toy Biz International Expo 2025. It's here that one feels like forgetting budgets and splurging for just the sight of toys on display is enough to entice not just children but even adults. 'Youngsters buy these toys as showpieces and some of the toys often act as a stress buster for the. So not just children but toys are these days very popular among all age groups,' says Eshika Jaipuria, an exhibitor at the ongoing expo. Miniature bike models (10 cm x 8 cm) are perfect collector's keepsakes. Price: ₹940.(Photo: Isha Yadav/HT) Make tea time playtime with this adorable kettle set. Price: ₹3,000.(Photo: Isha Yadav/HT) Cuddle the plushies or snack on Price: ₹50 (wholesale) per box.(Photo: Isha Yadav/HT) 'In the past two-three years, Indian toy manufacturers have increasingly focused on exports rather than imports. We have been receiving orders from around the world, as businesses globally are placing substantial import orders for Indian toys. Through expos like this, international buyers get to witness the high quality products made by the Indian brands. Countries like the USA, UK, Germany, and Mexico are among the top importers of Indian toys,' says Ajay Aggarwal, president of the Toy Association of India (TAI) that organises this annual expo. Handmade puppets from Karnataka are delightful pretend-play toys that instantly win hearts. Price: ₹600 onwards (per piece).(Photo: Isha Yadav/HT) Catch It Live What: 16th Toy Biz International Expo Where: Hall 2 to 5, Bharat Mandapam, Pragati Maidan When: July 4 to 7 Timing: 10am to 7pm Entry: Free (Registration at the venue) Nearest Metro Station: Supreme Court on the Blue Line Story by Isha Yadav For more, follow HT City Delhi Junction
Economic Times
04-07-2025
- Business
- Economic Times
Scheme to boost toy production soon: Piyush Goyal
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Commerce and Industry Minister Piyush Goyal on Friday said a scheme to boost toy production in the country will be finalised soon after consultation with the said that huge potential is there to boost toy manufacturing and exports."For toy production, we are coming out with a scheme soon," Goyal said here while inaugurating Toy Biz International B2B Expo 2025, organised by Toy Association of India (TAI).Further, he said the government's upcoming support measures will not be export incentives; instead, they will be based on the criteria of enhancing production and job scheme, he explained, will aim to help Indian toy manufacturers become world-class by enhancing design capabilities, ensuring quality manufacturing, strengthening packaging, and supporting brand toy industry, once heavily dependent on imports, is now manufacturing domestically and exporting to 153 countries, he said, adding that this shift has been made possible through consistent policy support, the enforcement of quality standards, and the strengthening of local manufacturing implementation of the Quality Control Order (QCO), he added, has helped make India a quality-conscious country and enabled domestic toy manufacturers to meet global minister stated that India's population of 1.4 billion offers a vast captive market, which creates a natural advantage for scaling up capture the global market, Goyal stressed the need for the industry to focus on good branding, attractive packaging, and strong product said that if these three aspects are prioritised, Indian toys can gain stronger appeal across international he informed that startups developing innovative toy concepts have received significant support through the Pradhan Mantri Mudra Gupta, promotor of Playgro Toys India, said that huge potential is there to increase expires of toys from similar views, Greater Noida-based Little Genius Toys Pvt Ltd CEO Naresh Kumar Gautam said, "Our products received huge appreciation, be it wooden education toys or soft toys in the world market".
Time of India
04-07-2025
- Business
- Time of India
Scheme to boost toy production soon: Piyush Goyal
Piyush Goyal announced a scheme to boost toy production. The scheme will focus on enhancing design, quality, packaging, and brand building. India's toy industry is now exporting to 153 countries. This shift is due to policy support and quality standards. The government will support startups with innovative toy concepts. Industry leaders see huge potential to increase toy exports from India. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Commerce and Industry Minister Piyush Goyal on Friday said a scheme to boost toy production in the country will be finalised soon after consultation with the said that huge potential is there to boost toy manufacturing and exports."For toy production, we are coming out with a scheme soon," Goyal said here while inaugurating Toy Biz International B2B Expo 2025, organised by Toy Association of India (TAI).Further, he said the government's upcoming support measures will not be export incentives; instead, they will be based on the criteria of enhancing production and job scheme, he explained, will aim to help Indian toy manufacturers become world-class by enhancing design capabilities, ensuring quality manufacturing, strengthening packaging, and supporting brand toy industry, once heavily dependent on imports, is now manufacturing domestically and exporting to 153 countries, he said, adding that this shift has been made possible through consistent policy support, the enforcement of quality standards, and the strengthening of local manufacturing implementation of the Quality Control Order (QCO), he added, has helped make India a quality-conscious country and enabled domestic toy manufacturers to meet global minister stated that India's population of 1.4 billion offers a vast captive market, which creates a natural advantage for scaling up capture the global market, Goyal stressed the need for the industry to focus on good branding, attractive packaging, and strong product said that if these three aspects are prioritised, Indian toys can gain stronger appeal across international he informed that startups developing innovative toy concepts have received significant support through the Pradhan Mantri Mudra Gupta, promotor of Playgro Toys India, said that huge potential is there to increase expires of toys from similar views, Greater Noida-based Little Genius Toys Pvt Ltd CEO Naresh Kumar Gautam said, "Our products received huge appreciation, be it wooden education toys or soft toys in the world market".
Time of India
17-06-2025
- Business
- Time of India
Toy industry booming with 239% rise in exports in FY23 over FY15
HighlightsIndia's largest toy trade event, Toy Biz International 2025, will feature over 350 Indian toy brands and attract more than 10,000 buyers from 25 countries, including major international retailers like Walmart and Hamleys India. With the Indian government raising basic customs duties on imported toys from 20% to 60%, the country has seen a significant reduction in toy imports by over 70% and a growth in toy exports by more than 60% from FY2018-19 to FY2023-24. The Toy Association of India reports that the Indian toy industry is among the fastest-growing globally, projected to reach USD 3 billion by 2028, driven by tariff advantages, international outreach, and expanding exports to key markets. India's largest toy trade event, Toy Biz International 2025, is set to return with its most impactful edition yet -- bringing together over 350 Indian toy brands and 10,000+ buyers from 25 countries, including international retail giants like Walmart, Hamleys India, Landmark, and Lulu Group. Organized by the Toy Association of India (TAI), this event will spotlight India's rising stature in the global toy manufacturing arena, especially as the global toy supply chain undergoes a major transformation, thanks to a combination of domestic policy support and international trade shifts. With the United States imposing 25% tariffs on $300 billion worth of Chinese goods, including toys -- and tightening scrutiny on Vietnamese and other Southeast Asian imports -- Indian toy makers are stepping up to seize the opportunity. As a result: * Global sourcing is diversifying, and India is emerging as a preferred alternative manufacturing base for American and European buyers. * Indian companies are forging global joint ventures, expanding capacity, and aligning to international compliance norms. * Major US retailers are showing increased interest in Indian suppliers, with early discussions on bilateral trade deals further accelerating optimism. Moreover, in a bold move to uplift local industries, the Indian government has raised basic customs duties on imported toys from 20% to 60%, enforced mandatory BIS certification, and implemented stricter safety and quality norms to curb low-quality imports -- particularly from China, which accounted for over 70% of India's toy imports until recently. These efforts have already begun to yield results: * Toy imports have declined by over 70% between FY2018-19 and FY2023-24 * Toy exports have grown by more than 60% in the same period As the global toy supply chain undergoes a strategic shift, India is emerging as a serious contender in the international toy export market. With increased high-value exports, this year's Toy Biz International is a testament to the innovation and quality of Indian toy manufacturers who are meeting international standards and offering customized solutions," said Pawan Gupta, Official Spokesperson and Former Vice-President, the Toy Association of India (TAI). "The Indian toy industry is among the fastest-growing globally, expected to reach USD 3 billion by 2028, growing at a CAGR of 12% between 2022-2028. With tariff advantages, international outreach, and expanding exports to the US, Middle East and Africa, Indian manufacturers are increasingly seen as credible, scalable, and globally competitive partners. Our industry is stepping into a leadership role not just with volume, but with innovation and safety. India is now on the global radar for high-quality toy manufacturing," he added.
Business Standard
16-06-2025
- Business
- Business Standard
Toy industry booming with 239% rise in exports in FY23 over FY15; Toy Biz International Expo expecting buyers from 25 countries in July
VMPL New Delhi [India], June 16: India's largest toy trade event, Toy Biz International 2025, is set to return with its most impactful edition yet -- bringing together over 350 Indian toy brands and 10,000+ buyers from 25 countries, including international retail giants like Walmart, Hamleys India, Landmark, and Lulu Group. Organized by the Toy Association of India (TAI), this event will spotlight India's rising stature in the global toy manufacturing arena, especially as the global toy supply chain undergoes a major transformation, thanks to a combination of domestic policy support and international trade shifts. With the United States imposing 25% tariffs on $300 billion worth of Chinese goods, including toys -- and tightening scrutiny on Vietnamese and other Southeast Asian imports -- Indian toy makers are stepping up to seize the opportunity. As a result: * Global sourcing is diversifying, and India is emerging as a preferred alternative manufacturing base for American and European buyers. * Indian companies are forging global joint ventures, expanding capacity, and aligning to international compliance norms. * Major US retailers are showing increased interest in Indian suppliers, with early discussions on bilateral trade deals further accelerating optimism. Moreover, in a bold move to uplift local industries, the Indian government has raised basic customs duties on imported toys from 20% to 60%, enforced mandatory BIS certification, and implemented stricter safety and quality norms to curb low-quality imports -- particularly from China, which accounted for over 70% of India's toy imports until recently. These efforts have already begun to yield results: * Toy imports have declined by over 70% between FY2018-19 and FY2023-24 * Toy exports have grown by more than 60% in the same period As the global toy supply chain undergoes a strategic shift, India is emerging as a serious contender in the international toy export market. With increased high-value exports, this year's Toy Biz International is a testament to the innovation and quality of Indian toy manufacturers who are meeting international standards and offering customized solutions," said Pawan Gupta, Official Spokesperson and Former Vice-President, the Toy Association of India (TAI). "The Indian toy industry is among the fastest-growing globally, expected to reach USD 3 billion by 2028, growing at a CAGR of 12% between 2022-2028. With tariff advantages, international outreach, and expanding exports to the US, Middle East and Africa, Indian manufacturers are increasingly seen as credible, scalable, and globally competitive partners. Our industry is stepping into a leadership role not just with volume, but with innovation and safety. India is now on the global radar for high-quality toy manufacturing," he added. Join us at the Toy Biz International 2025 to witness how India's toy sector is transforming challenges into global opportunities, backed by smart policy, growing demand, and a world-class manufacturing ecosystem. Event Details Dates: July 4-7, 2025 Venue: Pragati Maidan, New Delhi, India What to Expect at the Exhibition Exhibitor Profile: Indian manufacturers, contract producers, and suppliers Product Showcase: * Battery-operated toys * Educational & electronic toys * Board games, puzzles, and hobby kits * Dolls, plush toys, and craft toys * Ride-ons, cycles/tricycles, and outdoor games * Traditional Indian toys, babywear, and children's furniture About the Toy Association of India (TAI) The Toy Association of India (TAI) represents over 5,000 toy industry members and plays a pivotal role in promoting Indian toy manufacturing through trade shows, policy advocacy, and global partnerships. As a member of the Asian Committee of Toy Industries (ACTI), TAI upholds the highest standards of quality and compliance, aligning Indian toy makers with international benchmarks. For media queries, contact: Oshin Kharb (+91 8800672438)
