Latest Toy Association of India News & Updates

New Delhi, July 7 (IANS) Finance Minister Nirmala Sitharaman on Tuesday called on India’s toy industry to aim for a significantly larger share of the global market, urging the sector to target one-fourth of the worldwide toy business, which is projected to reach $179 billion by 2032.Addressing the 17th Toy Biz International B2B Expo 2026 organised by the Toy Association of India in New Delhi, the Finance Minister said the country’s current market projections should be viewed in the context of th…

New Delhi, July 4 (IANS) The government would establish modern testing facilities across toy manufacturing clusters in the country through the Bureau of Indian Standards (BIS), National Test House and other government and semi-government laboratories, Commerce Minister Piyush Goyal said on Saturday, urging industry stakeholders to identify and communicate the testing equipment required to ensure that Indian toys meet the highest quality standards for both domestic and international consumers.The…