Toy industry

‘Bright future’ for historic farm toy industry | State and Region

DYERSVILLE, Iowa — Some form of farm toy has been around since the dawn of civilization, but over the past 100+ years, makers have taken advantage of improving technology to create true art. Doug Harke writes a monthly column for Toy Farmer magazine, and says farm toys began to become …

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Lego joins the online transformation of the toy industry

When Lego was founded in 1932, its name was derived from a shortened version of the Danish words “leg godt” or “play well”. Now, 90 years later, the giant privately-owned toy company is embarking on an unprecedented investment that will transform the notion of “good play” to include more electronic …

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Is Mattel a winner in the toy industry?

Mattel, Inc. (MAT) in El Segundo, Calif., is one of the world’s leading manufacturers of children’s toys and entertainment. Its popular products include Barbie, Hot Wheels, American Girl and Polly Pocket. The Company operates through three segments: North America; International; and American Girl. Additionally, it has an ISS Governance QualityScore …

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Toy Industry Vet Ed Gershowitz Joins Snorble • The Toy Book

Ed Gershowitz | Source: Snorble Inc. A familiar face has resurfaced in a new place. Ed Gershowitz, the former chairman of Hornby America and Carrera of America, has been named chief revenue officer and executive vice president of sales at Snorble Inc. The move comes as the tech startup prepares …

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How the toy industry comes up with various innovations

India is untapped toy has enormous potential for growth in the global toy industry. The Government of India has highlighted the promotion of toy exports and manufacturing in our country by developing various schemes. At the same time, it is essential for Indian toy manufacturers to come up with new …

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Toy industry bets on Licensing Expo 2022 as exhibitors make plans for Las Vegas • The Toy Book

Source: Licensing Fair The American toy industry is rolling the dice and placing bets for big payouts in Las Vegas this year. Licensing Expo – the world’s largest licensing trade show – will return to the Las Vegas Strip May 24-26, 2022 when Informa Markets and Licensing International open their …

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The global toy industry supports Ukraine during the Russian conflict [Updated] • The Book of Toys

A girl plays in Ukraine | Source: Adobe Stock Originally published Mar 1, 2022 11:03 a.m. ET | Updated: March 4, 2022, 3:21 p.m. ET The Russian invasion of Ukraine creates a new ripple effect of challenges for toymakers around the world. Following the invasion, the Ukrainian Toy Industry Association …

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Overseas Toy Industry Trends • The Toy Book

Source: The Toy Book Please note that this survey was conducted before the crisis in Ukraine. The toy book met with several publishers of toy trade publications and members of the International Toy Magazine Association for a panel discussion on current toy trends, events and challenges in their respective countries. …

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Predicting the Toy Industry and Market Trends for 2022 and Beyond • The Toy Book

Source: Adobe Stock by STEPHANIE WISSINK, Managing Director, Jefferies As I write, it has been over two years since the first identified case of COVID-19. It’s as if we could call COVID-19 endemic compared to a pandemic, given that this is our new living reality. Consumers and business leaders operate …

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Wooden toy industry seeks government support after COVID

By Niranjan | Update: February 22, 2022 05:37 STI Chandīgarh [India]Feb 22 (ANI): Punjab’s wooden toy industry is seeking government support after the COVID pandemic to help the industry thrive again. One of the many toy shops on the way to Sangrur from Chandigarh is Gurpreet Singh’s. He makes and …

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Wooden toy industry calls for government support after COVID-19

Punjab’s wooden toy industry is seeking government support post COVID pandemic to help the industry thrive again. One of the many toy shops on the way to Sangrur from Chandigarh is Gurpreet Singh’s. He makes and sells these wooden toys in his shop. In a conversation with ANI, Gurpreet said …

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Wooden toy industry seeks government support after COVID – ThePrint

Chandīgarh [India]Feb 22 (ANI): Punjab’s wooden toy industry is seeking government support after the COVID pandemic to help the industry thrive again. One of the many toy shops on the way to Sangrur from Chandigarh is Gurpreet Singh’s. He makes and sells these wooden toys in his shop. In a …

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Government, Retail News, ET Retail

New Delhi: There are currently no proposals from the government to include the toy industry in the Production Linked Incentives (PLI) scheme, although it is providing comprehensive support to the sector to make it more competitive , Parliament was informed on Friday. The government has taken a series of measures …

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No proposal at present to include the toy industry in the PLI programme: government

There are currently no government proposals to include the toy industry in the Production Linked Incentives (PLI) scheme, although it provides overall support to the sector to make it more competitive, has been informed Parliament on Friday. The government has taken a series of measures such as …

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Toy Industry Veteran Jacob R. Miles III Featured in The Strong Museum’s American Journal of Play

My American Toy Story by Jacob R. Miles III Jacob R Miles at the Toy Industry Hall of Fame Awards Gala Diversity in Toyland, Toy Engineer, Executive and Entrepreneur, Jacob R. Miles III An interview titled “A Life of Making Toys, Games and Games” chronicles a career of firsts The …

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The toy industry’s biggest trade show could leave New York after COVID cancellations

The toy industry’s largest trade show – which attracts 1,000 vendors from around the world and has been held in New York for more than a century – could take attendances and leave town, The Post has learned. After two shows canceled due to the pandemic, big names in the …

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Policy Framework, Uniform GST Rate on Toy Industry Budget 2022 Wishlist, Retail News, ET Retail

New Delhi: Finance Minister Nirmala Sitharaman will present the Union Budget for 2022-23 on February 1 in Parliament. Prior to the budget, the toy industry announced its expectations, which include an industry blueprint, a policy framework and a uniform GST rate. “The toy industry is calling for a staged manufacturing …

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Licensing Expo returns to Las Vegas with toy industry support • The Toy Book

Source: Information Markets The show must continue! Licensing Expo – the world’s largest licensing trade show – is back in action and will return to Las Vegas May 24-26, 2022. Informa Markets and Licensing International have confirmed plans to move forward with a show in no one to reunite the …

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US toy industry grows 13% in 2021 • The Toy Book

Source: Adobe Stock Play prevailed in another year of challenges and uncertainty for the toy industry. Despite the ongoing supply chain crisis, the lingering effects of the COVID-19 pandemic, and other unpredictable factors, U.S. toy retail sales totaled $28.6 billion in 2021, compared to $25.4 billion in 2020, according to …

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LEGO Wins Two 2022 Toy Industry Awards With Non-2022 Sets

The LEGO Group won two Toy Industry 2022 awards for sets that were definitely not released in 2021 or 2022. Although it did not take part in this year’s London Toy Fair, the LEGO Group was apparently in the running for the Toy Industry Awards, which are presented by the …

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Winners of the 57th Toy Industry Awards Announced – ToyNews

Barbie Day to Night Dreamhouse, Mattel and Smyths triumphed at this year’s Toy Industry Awards, winning Toy of the Year, Supplier of the Year and Toy Retailer of the Year, respectively. A TRA Outstanding Contribution Award was presented to Gary Grant of Dream Toys for his individual contribution to the …

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E-commerce, real estate, fintech and the toy industry expect robust growth in 2022

Despite the ongoing Covid-19 pandemic, different sectors including e-commerce, real estate, fintech and toy industry in the country are expecting robust growth in 2022. Mr. Rajiv Kumar Aggarwal, Founder and CEO of StoreHippo, said that 2022 will see e-commerce evolve further with more emphasis on personalization, next-generation customer touchpoints, rapid …

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Watch Making it in the Toy Industry podcast season 3 – ToyNews

Making It In the Toy Industry, a podcast hosted by The Toy Coach, Azhelle Wade, celebrates the launch of its third season. MIITTI is the only toy podcast designed to support and inspire corporate toy inventors, entrepreneurs, and people with insider tips and advice on concept development, marketing, sales, and …

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Imibongo kaMakhulu Handmade Dolls hopes to promote diversity within the toy industry

John Maytham interviews Nondumiso Gogela, founder of the Imibongo kaMakhulu handmade dolls. Nondumiso Gogela had the idea for the business when she was pregnant with her daughter She noticed a lack of colored dolls in toy stores Imibongo Ka’Makhulu makes handcrafted dolls Meet Nondumiso Gogela, a mother from Cape Town …

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The trends that will guide the toy industry in 2022

The pandemic restrictions have caused trends to change in the toy manufacturing industry. The nationwide lockdown has confined children to their homes all day. Fear of the virus forced parents to prevent them from going out, cutting off small minds from the social world. To keep children’s social learning process …

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The toy industry’s Christmas stocking this year? An effective strategy against counterfeiting

In the middle of the holidays, against the backdrop of a changing economy, you might have found something lurking among the ads on shopping sites like eBay and Amazon Marketplace: products that look like real, but who are not. Counterfeit lists have become more problematic for consumers and businesses. But …

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“The Playground Podcast” Presents the Second Annual Roundtable of Toy Industry Thought Leaders • The Toy Book

Clockwise from top left: Chris Byrne, James Zahn, Richard Gottlieb and John Baulch | Source: The Toy Book After an inaugural chat last December, four of the toy industry’s most visible and vocal figures are back together for another conversation. In a special edition of “The Playground Podcast” Toy book …

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GST rate on toys: the toy industry has suffered an electronic shock! – Tax

India: GST rate on toys: the toy industry has suffered an electronic shock! 25 November 2021 Legal phoenix To print this article, simply register or connect to Mondaq.com. We all enjoyed playing with different “toys” during our childhood and they are still popular with children today. Toys have evolved a …

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US toy industry sales increased 11% in third quarter, according to NPD • The Toy Book

Source: Adobe Stock The global supply chain crisis is causing headaches, but it has yet to officially make a financial hole in the U.S. toy industry‘s cash registers. According to the latest data from The NPD group, the toy industry’s total dollar sales in the United States climbed 11% in …

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Sex toy industry adopts voluntary safety standards

The multibillion-dollar sex toy industry has passed its first global safety standards amid a sales boom, but sex experts warn the voluntary program is not enough to protect consumers. Australian retailers such as Wild Secrets and Adulttoymegastore have reported booming sales of sex toys such as vibrators throughout the pandemic, …

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The toy industry is becoming more and more gender neutral

Just over a week ago, California passed a law requiring department stores to create gender-neutral sections with a “reasonable selection” of gender-neutral toys and childcare items. To be clear: Stores may still have sections for boys and girls, but they Also need to have an unlabeled section. Revival and anti-revival …

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The impact of streaming services on the toy industry • The Toy Book

It’s been almost 15 years since Netflix began offering its subscribers a library of online video content for a flat monthly fee, introducing a new way to watch TV and movies that would eventually eclipse – or more accurately, erase – his existing DVD. -mail rental service. Today, streaming content …

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Crowded supply chain creates problems for toy industry this holiday season

item NEW YORK – Three months before Christmas, toy company Basic Fun has made an unprecedented decision: to leave a third of its iconic Tonka Mighty Dump dump trucks destined for U.S. store shelves in China. Why? With soaring prices for shipping containers and clogs in the supply network, the …

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What the holiday season 2021 could look like for the toy industry • The Toy Book

through GERRICK JOHNSON, Senior Analyst, BMO Capital Markets Although a lot of people in the toy industry know who I am, few know what I actually do. I am an equity research analyst for BMO Capital Markets and, in summary, I make equity recommendations to institutional investors (mutuals, hedge funds …

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IIT Kanpur partners with MSME to transform the toy industry with sustainable design, like the use of ‘grain leather’

IIT Kanpur FIRST’s business incubator has partnered with MSME to promote the creation of toy clusters with new-age, sustainability-focused designs and more. FIRST, or Foundation for Innovation and Research in Science and Technology (also known by the brand name, SIIC IIT Kanpur) is working with the Ministry of Micro, Small …

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The sex toy industry needs to take racism into account.

Kandi Burrus seemed to be agitated. She has already won a Grammy Award, scored a platinum album and was also the main character of The Real Housewives of Atlanta. However, regardless of his accomplishments in 2011, hardly anyone wanted to be the star face of a specific advertising campaign. There …

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Toy industry grapples with supply chain issues ahead of busy holiday shopping season

Ahead of the Paw Patrol movie release this summer, Toys “R” Us Canada and toy maker Spin Master Corp. have done something rarely seen before in the toy industry. They airlifted Liberty toys – the latest member of the animated search and rescue team – from China to Canada to …

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Phased mnfg program, dedicated policy to help promote the growth of the toy industry: report

Outlook September 29, 2021 9:14 PM IST Phased mnfg program, dedicated policy to help promote the growth of the toy industry: report perspectivesinde.com 1970-01-01T05: 30: 00 + 0530 New Delhi, September 29 (PTI) Government measures such as a phased manufacturing program, the implementation of a dedicated policy and the simplification …

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Canadian toy industry faces supply chain crisis ahead of busy holiday season – National

Ahead of the Paw Patrol movie’s release this summer, Toys “R” Us Canada and toymaker Spin Master Corp. have done something rarely seen before in the toy industry. They airlifted Liberty toys _ the latest member of the animated search and rescue team _ from China to Canada to put …

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Toy industry mourns the loss of former Galoob Toys director Robby Kanoff • The Toy Book

Robby Kanoff | Source: The Nacelle Co./ The toys that made us A toy industry veteran with legendary ties to the world of wrestling action figures has passed away. The toy book has learned that Robby Kanoff, former executive vice president of sales at Galoob Toys, passed away yesterday, September …

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Remembering Arnold Irwin, pioneer of the toy industry

Anyone who’s ever hiked a Hula Hoop, guided a Slinky up the stairs, thrown a Frisbee, cuddled a bear, engaged in a Star Wars minifigure battle, cooked a snack in an easy-bake oven, or challenged an opponent on a game system video Atari was touched by the Irwin family of …

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Playmonster’s Bob Wann among four industry icons to join Toy Industry Hall of Fame – ToyNews

Playmonster CEO Bob Wann has joined a list of esteemed names in the toy industry – including Jim Pressman, former President of Pressman Toy Corporation, and Raggedy Ann and Andy creator, the late Johnny Gruelle – to be inducted into the Toy Industry Hall of Fame. This year’s list of …

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Four toy industry icons to be inducted into the 2022 Toy Industry Hall of Fame

NEW YORK, August 31, 2021 / PRNewswire / – The Toy Association announced today that it will introduce Jim pressman, former president of Pressman Toy Corporation; Bob wann, Chief PlayMonster at PlayMonster LLC; the end Johnny Gruelle, creator of Raggedy Ann and Andy; and the end Lucille King, founder of …

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Toy Association reveals 2022 Toy Industry Hall of Fame inductees • The Toy Book

Source: The Toy Association / The Toy Book The Toy Industry Hall of Fame will induct four industry legends into its ranks for 2022. After a month of voting and reflection, The association of the toy revealed two living legends and a pair of posthumous inductees. Jim Pressman, former president …

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Get lucky during COVID – Sales in the sex toy industry are skyrocketing

From tourism to the restaurant industry, COVID-19 has had a devastating effect on all levels. But, one industry seems to be coming out on top… peaking, if you will. The sex toy industry has apparently seen a surge in sales despite a devastating harsh lockdown. Talk to IOL, Allure Sensuality …

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Global Toy Industry Q2 2021: Supply Chain Chaos and Inflation to Squeeze Revenue – ResearchAndMarkets.com

DUBLIN – (COMMERCIAL THREAD)–The “Toy industry quarterly report – 2nd quarter 2021” report was added to ResearchAndMarkets.com offer. Key observations: Despite historic gains at the start of 2021, 2021 will not be a repeat of 2020 with its industry-wide double-digit increases. Chaos in the supply chain and inflation will reduce …

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How the toy industry is changing in India

The toy the industry, over the past year, has been the center of attention more than ever before. Starting with our Prime Minister’s call to industry in his monthly “Mann Ki Baat” speech last year to be “Atmanirbhar” in toys and become a global toy hub, there has been a …

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Toy industry digital sales increase 6.5% in China in the first half of 2021, according to NPD • The Toy Book

LEGO Technic Lamborghini Sián FKP 37 | Source: The LEGO Group The toy industry continues to grow globally, and in China e-commerce sales soared 6.5% in the first half of 2021, according to The NPD group. Licensed toys have done big business with Ultraman leading the charge as the # …

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Construction toy industry players create sustainable products for ecological and safety concerns

Construction Toys Market Report 2021 Growth and Change COVID-19 The Business Research Company Global Construction Toys Market Report 2021: Growth and Change in COVID-19 LONDON, GREATER LONDON, United Kingdom, August 11, 2021 /EINPresswire.com/ – The introduction of environmentally friendly construction toys is the key trend that is gaining popularity in …

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Actors in the construction toy industry create sustainable products …

(MENAFN-EIN Presswire) Construction Toys Market Report 2021 Growth and Change COVID-19 The Business Research Company Global Construction Toys Market Report 2021: Growth and Change in COVID-19 LONDON, GREATER LONDON, UK, Aug 11, 2021 /EINPresswire.com/ – The introduction of eco-friendly construction toys is the key trend that is gaining popularity in …

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Let’s take over the toy industry

Last Sunday, as we were walking through the market with my son, we came across a cute toy store with a wide variety of colorful toys on display. There were guns, dolls, stuffed animals, plastic Avengers, maces, swords, and a horde of other play items safe enough to spark any …

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NPD Says Global Toy Sales Increase 15% in H1 2021

Pokémon Mega Construx | Source: Mattel / The Pokémon Co. International Despite shipping issues and empty shelves in some places, the global toy industry is still on a roll with famous brands including Pokémon, Barbie, Star Wars, LOL Surprise! and Marvel Universe topped the charts. According to The NPD group, …

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Indian government prepares master plan to promote toy industry

Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem and that a very comprehensive master plan for toys has been prepared with various ministries and state governments involved. to promote the toy industry. Please follow NewsGram on Facebook …

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Launch of the STEAM accreditation program for the toy industry

The association of the toy and the Good game guide announced the launch of a new STEAM accreditation program for the toy industry that assesses and certifies STEAM (science, technology, engineering, arts and math) products for children. Any toy company or brand involved in the manufacture, design and marketing of …

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Toy industry grows 19% in first half

The U.S. toy industry grew nearly 20% in the first half of 2021, up $ 1.7 billion to $ 11 billion, according to The NPD group. The industry experienced a compound annual growth rate (CAGR) of 9% in dollars and average selling price from 2018 to 2021, but the unit …

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Global toy industry to 2025

Dublin, July 28, 2021 (GLOBE NEWSWIRE) – The “Global Toys Market Overview, 2020-25” report was added to ResearchAndMarkets.com offer. This report presents valuable insights on the global toys market for the period 2014 to 2019 and forecasts the market for 2025, with due consideration for the macroeconomic, demographic and social …

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Toy Industry Veterinarian Ashley Mady Joins IT’SUGAR as Vice President of Brand Development • The Toy Book

Ashley Mady | Source: IT’SUGAR / The Toy Book A familiar veteran of the toy and licensing industry has joined specialty retailer IT’SUGAR. Ashley Mady Joins Basic Fun Company! assume the newly created role of Vice President of Brand Development. Mady will lead the visual merchandising, private label, licensing, public …

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Prime Minister Narendra Modi’s appeal to the toy industry in India

Prime Minister Narendra Modi on Thursday explained how the government will focus on the “toy economy” by advising the country’s game and toy industry to play a major role in the sector globally by focusing on the toys and games sector. Today we also import around 80% of our toys. …

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Focus on the “toy economy”: Prime Minister Modi’s appeal to the Indian toy industry

Noting that India’s share of the $ 100 billion global toy market is only around $ 1.5 billion, Prime Minister Narendra Modi on Thursday stressed that the focus should be on “l ‘toy economy’ by advising the country’s game and toy industry to play an important role in this sector. …

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The toy industry switches to crypto

SYLMAR, California., June 24, 2021 / PRNewswire / – It’s a TIC Tac, doing it for the “Gram,” pay the simplest generation, and Beverly Hills Teddy Bear Company is taking action to enter the cryptocurrency galaxy with the rest of the world! From June 18, 2021, Beverly Hills Teddy Bear …

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Prime Minister’s appeal to the Indian toy industry

New Delhi: Noting that India’s share in the global $ 100 billion toy market is only around $ 1.5 billion, Prime Minister Narendra Modi on Thursday stressed that the focus should be on “toy economy“advising the country’s game and toy industry to play an important role in this sector. Focusing …

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License sustainability | Toy industry sustainability needs ‘relentless innovation’, says ZURU – ToyNews

Sustainability in the toy industry will not be achieved in a single gesture, but through “constant and progressive improvements”, as well as relentless innovation, is the message promoted by the international toy manufacturer, ZURU , ahead of the sustainability conference in licensing this week. . Speaking to ToyNews ahead of …

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How YouTube Unboxing Videos Helped Kids Take Over the Toy Industry

(Bloomberg) — About five years ago, MGA Entertainment was a middle-of-the-road toymaker struggling with relevance. And then one night, founder Isaac Larian stumbled upon a growing trend on YouTube generating millions of views: iPhone unboxing videos. “I was frankly shocked and flabbergasted,” Larian said on the latest episode of System …

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How YouTube Unboxing Videos Helped Kids Take Control of the Toy Industry

(Bloomberg) – About five years ago, MGA Entertainment was a mediocre toy maker struggling for its relevance. And then, one night, founder Isaac Larian stumbled across a growing YouTube fad generating millions of views: iPhone unboxing videos. “I was frankly shocked and stunned,” Larian said in the latest episode of …

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China’s toy industry e-commerce sales peak 16% • The Toy Book

A 2021 LEGO Lunar New Year set | Source: The LEGO Group The toy industry is booming in China, especially digitally. E-commerce sales in the first quarter of 2021 climbed 16% to $ 1.2 billion, according to The NPD group. The increase is largely due to the Chinese New Year …

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NPD Group Reports First Quarter 2021 Toy Industry E-Commerce Sales in China

January sales posted the strongest growth in the quarter thanks to toy purchases around the Chinese New Year holiday PORT WASHINGTON, NY, June 7, 2021 / PRNewswire-PRWeb / – Toy industry e-commerce sales in China increased by 16% for $ 1.2 billion (USD) in the first quarter (Q1) of 2021 …

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Matchbox joins LEGO and Hasbro in environmental initiatives within the toy industry

Many toy brands are striving to make their products more environmentally friendly. The latest to announce environmental initiatives is Matchbox, which is launching a series of miniature electric cars inspired by real vehicles. Matchbox, a former UK company, is now owned by Mattel, an American company that also produces Hot …

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How toy giants including Lego, Hasbro and Mattel are going green

Whether it’s using plant-based plastics, recycled materials, or collecting old items from consumers, the toy industry is striving to go green. In recent years, major brands in the industry – such as LEGO, Hasbro and Mattel – have launched various initiatives as part of a larger movement towards environmental responsibility. …

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How the giants of the toy industry are going green

Whether it’s using plant-based plastics, recycled materials, or collecting old items from consumers, the toy industry is striving to go green. In recent years, major brands in the industry – such as Lego, Hasbro and Mattel – have launched various initiatives as part of a larger movement towards environmental responsibility. …

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The boss | Tim Ives of Basic Fun: “The toy industry is heading in an exciting direction” – ToyNews

This quarter, ToyNews is catching up Tim ives, the new Managing Director for UK and Basic Fun’s ROI to find out what the role means to him, his best career moments and the fortuitous nature of Lincoln Logs launch in the UK Hi Tim, congratulations on the latest news and …

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The toy industry should start in 2021: 3 actions to watch

The outbreak of the COVID-19 pandemic in 2020 saw schools switch to online classes. In addition, parents were reluctant to take their children to the playgrounds because the risk of exposure to the virus was high. Therefore, with schools and playgrounds inaccessible to children, they needed another form of engagement …

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“Acche Din” for the Varanasi wooden toy industry is mentioned in Prime Minister Modi’s “Mann Ki Baat”

ANI | Update: 09 Apr 2021 10:04 AM STI Varanasi (Uttar Pradesh) [India], April 9 (ANI): Varanasi’s wooden toy industry experiences ‘Acche Din’ as sales increase after Prime Minister Narendra Modi mentioned the industry on his monthly radio show ‘Mann Ki Baat’ in September of last year.Varanasi, Prime Minister Modi’s …

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Return kick | Has the toy industry helped fuel an increase in the number of female skaters? – ToyNews

The increased engagement of the toy industry with the UK skateboarding scene is one of the many factors contributing to an increase in participation in the sport, especially among young girls who are starting out for the first time. According to Skateboard GB, the official body for skateboarding in the …

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Women soldiers finally get their due in the toy industry | New

While women have served in the military since its incarnation, female soldiers have been absent from the army of children’s imaginations. Until now. The little man of the Green Army, who faces the fighting in the courtyards, bedrooms and back seats, will finally be joined by the little woman of …

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Toy Industry 2021: The outlook for the global toy industry

Kids Brand Insights CEO Steve Reece details his outlook for the global toy industry this year. Despite the difficult times we are going through, the outlook for the global toy trade in 2021 is good. 2020 has been a terrible year for humanity in terms of disrupting our way of …

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How will 2021 unfold for the toy industry?

The toy industry saw significant growth in 2020 amid the COVID-19 pandemic as parents turned to toys to keep children engaged while they remained homebound. During this period, some categories such as building sets, board games, and digital games have grown in popularity, generating sales for their manufacturers. Looking ahead, …

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Government prepares master plan for the toy industry

New Delhi, March 1 (IANS): Guruprasad Mohapatra, secretary of the Department for Promotion of Industry and Internal Trade, said that toys are a serious economic problem and that a very comprehensive master plan for toys has been prepared with various ministries and state governments involved. to promote the toy industry. …

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