Prime Minister Narendra Modi, in his Man ki Baat on Sunday,30 August, highlighted the importance and need for working towards developing the Indian Toy industry.
— PMO India (@PMOIndia) August 30, 2020
He appealed to Indians to come forward and work to increase our global market share in the toy industry. He said the worldwide toy industry is over Rs 7 trillion. Yet, India’s offer is minimal, as he worried about the need to expand it. He called business people to ‘collaborate for toys’ and said the time has come to get vocal for nearby toys.
He stated that our country needs computer games too, that is Indian centric. He said -“Both young and old play them. But most of the games are influenced by the West. We should have India-centric games. We can be ‘Aatma Nirbhar’ in this regard.”
Prime Minister Narendra Modi also stressed the importance of toys for children’s development. “Toys can be used to build minds. Even Rabindranath Tagore has spoken about the importance of toys,” PM Modi said.
Let us team up for toys.
We are working to ensure youngsters get access to more (Indian made) toys…
— Narendra Modi (@narendramodi) August 30, 2020
Addressing the toy industry’s issue by Prime Minister himself has hoped to give local makers a boost and prompted many people to come forward after this ‘Man ki Baat’
In line with PM @narendramodi 's vision of #VocalForLocal & boosting toy manufacturing, Koppala will have India's first toy manufacturing cluster. With the eco-system to support toy cluster in place, this 400 acres SEZ will have top-class infra & generate 40,000 jobs in 5 years. pic.twitter.com/xFOJbo5Z4H
— B.S. Yediyurappa (@BSYBJP) August 30, 2020
On this note, let’s see current three top toy companies in India:
1. Funskool (India) Ltd-
Funskool (India) Ltd is viewed as a most loved on the rundown of top toy organizations in India. Funskool (India) Ltd was built up in 1987 at Chennai, Tamil Nadu, India, by a joint endeavor between Hasbro Inc from the US and MRF Ltd in India.
2. Hot Wheels-
Hot Wheels is viewed as outstanding amongst other toys producing organizations in India. Hot Wheels was propelled in the US in 1968 as a 1:50 scale toy vehicle by Elliot Handler.
Hot Wheels, the best toy organization in India, has likewise forayed into computer games and film tasks to brace its prevailing market situation. Hot Wheels has been one of India’s top toys producing organizations for more than thirty years and is very famous for the 3-8-year-old gathering kids.
3. Mattel Inc
Mattel Inc is recorded as one of the best ten toy organizations in India. Mattel Inc, the leading toy producing organization in India, was joined in 1945 at Hawthorne, California, the US by Harold Matson and Elliot Chandler.