Toy companies in India

India has cutting-edge industries, creating unique opportunities. With a population of over 1.3 billion, the country presents an enormous consumer base that attracts international businesses. From the tech-savvy hubs of Bangalore and Hyderabad to the manufacturing prowess of Gujarat, India’s diverse commercial sector offers a wealth of possibilities. The Make in India campaign has inspired entrepreneurs, fostering innovation and growth.

See also: Leading printing companies in India

 

Business landscape in India

With its expanding commercial and industrial sectors, India is becoming a major economic force. With a vibrant and quickly expanding economy, the country has drawn foreign enterprises and investors looking for chances in a market with more than 1.3 billion customers. India’s business landscape provides a wide range of opportunities, from its powerful information technology and software services industry to a booming manufacturing sector.

 

Top toy companies in India

Funskool

Industry: Entertainment, Online Games

Company Type: Industry Top

Location: Chennai, Tamil Nadu, India – 600002

Founding Date: 1987

Established in 1987 and with its headquarters in Chennai, Tamil Nadu, Funskool (India) is a pioneer in the country’s toy production sector. Funskool, a joint venture between MRF and renowned American toy maker Hasbro, Inc., has established a distinct position for itself in the market. In addition to its own brand items, the business offers a variety of licensed goods from prestigious worldwide toy companies, including Disney, Warner Bros., Takara Tomy and Ravensburger. The exports of Funskool reach all corners of the world, including Africa, Bangladesh, Bhutan, Europe, the countries of the Gulf Cooperation Council, the Maldives, Nepal, Sri Lanka and the United States.

 

Fisher-Price

Industry: Toy Industry

Company Type: Industry Top

Location: Lower Parel, Mumbai, Maharashtra- 400013

Founding Date: 1930

In the intensely competitive market for infant and preschool toys, Fisher-Price, Inc. is a trailblazer, confirming its position as the world leader in producing furniture and toys for young members. Fisher-Price, which caters to newborns, toddlers and preschoolers, offers a wide range of goods that encourage early childhood development. Fisher-Price has been a dependable brand for years, offering children both fun and learning while upholding a dedication to quality and creativity. Their products range from captivating rattles and crib toys to constructive playthings and soft, cuddly toys.

 

Firstcry

Industry: Toy Manufacturing

Company Type: Industry top

Location: Pune, Maharashtra- 411001

Founding Date: 2010

Firstcry is one of India’s fastest-growing e-commerce companies manufacturing and retailing children’s items. It was established in 2010 and is based in Pune, Maharashtra. Brainbees Solutions owns the firm, which is ideal for all of your child’s needs. Firstcry provides a comprehensive selection of children’s items, including clothing, diapers, toys, and more. The firm is well-known for producing high-quality goods at reasonable prices.

 

Chicco

Industry: Toy Industry

Company Type: Industry top

Location: Sector 54, Gurgaon, Haryana- 122002

Founding Date: 1958

Chicco, based in Como, Lombardy, Italy, was founded in 1958 and is a global leader in children’s clothes and toys. It has a large consumer base in India and sells to over 120 countries. Chicco caters to children ages 0 to 36 months with a wide choice of safe, fun and soft toy products ranging from feeding gear to bath care items, trendy attire and toys. It is a one-stop shop for improving early children’s coordination, balance and accuracy.

 

Toy Zone Impex

Industry: Toy Manufacturing

Company Type: Industry Top

Location: Rajouri Garden, Delhi 110027

Founding Date: 2001

Founded in 2001, Toy Zone Impex Private Limited is a renowned toy supplier and manufacturer in India. It produces a broad variety of age-appropriate toys that are of the highest quality, safe and instructive. All Toy Zone items adhere to BIS requirements, and the majority of them also do so in accordance with global quality standards. The primary toy supplier to all significant contemporary trade retailers and e-commerce platforms in India is Toy Zone.

 

Jumboo Toys and Crafts LLP

Industry:  Toy Manufacturing

Company Type: Industry Top

Location: Ahmedabad, Gujarat-  380051

Founding Date: 2005

A renowned toy company in India with its headquarters in Ahmedabad, Gujarat, Jumboo Toys and Crafts LLP was established in 2005. For kids ages 2 to 12, the business offers a huge selection of high-quality wooden, plastic and educational toys. One of the top 10 toy makers in India is Jumboo Toys and Crafts LLP, which is renowned for its low prices and extensive distribution network.

 

Plastech International (Buddyz)

Industry: Toy Manufacturing

Company Type: SMEs

Location: Palghar, Maharashtra – 401208

Founding Date: 1995

One of the top toy producers in India is Plastech International (Buddyz), which was established in 1995. For kids ages 2 to 12, the firm creates a wide variety of puzzles, educational games, and toys. Buddyz’s toys are renowned for their excellent craftsmanship, reasonable cost and well-established brand name. The business is regarded as one of the top 10 toy producers in India, and it exports its goods to more than 20 different nations.

 

Centy Toys

Industry: Toy Manufacturing

Company Type: Industry top

Location: Kirti Nagar, New Delhi- 110015

Founding Date: 1990

Centy Toys is a renowned Indian maker and supplier of car toys for children. Founded in 1990, the firm has risen to become one of the country’s top toy makers. Centy Toys sells a variety of toys, including pull-back toys, battery-operated toys, instructional toys and various children’s vehicles. The company’s goods are popular with children of all ages in India and throughout the world.

 

Brainsmith

Industry: Toy Manufacturing, Retails

Company Type: Industry Top

Location: Mumbai, Maharashtra 400018

Founding Date: 2005

Brainsmith, a toy business based in India that was started in 2005, is a major maker of educational toys, STEM toys, and creative toys for children aged 3 to 12. Brainsmith provides a comprehensive choice of high-quality, creative and educational goods to stimulate and engage youngsters, with the goal of assisting carers in unlocking their child’s full potential.

 

Masoom Playmates

Industry: Toy Manufacturing

Company Type: Industry top

Location: Noida, Uttar Pradesh – 201305

Founding Date: 1942

Masoom Playmates is a well-known Indian toy manufacturer that has been in business for over 70 years. Kailash Chand Jain created it in 1942 and is noted for its high-quality, safe, and non-toxic toys. The firm has a significant web presence, and its items are popular among children of all ages. Masoom Playmates specialises in mechanical and battery-operated toys, but they also provide a large selection of vinyl roto moulded items.

 

Commercial real estate demand in India

Office space: The arrival of toy firms in India has altered the need for office space. As these companies extend their operations, the commercial real estate sector sees increasing leasing, which has a knock-on impact on the growth and dynamics of the office space market.

Rental property: The influx of toy companies in India has significantly impacted the rental property market. With the increased demand for warehouses, office spaces and distribution centres, rental prices have surged, offering property owners and landlords lucrative opportunities in this thriving sector.

Impact: The rise of toy firms in India has increased demand for commercial real estate dramatically. Warehouses, distribution centres and retail spaces have seen a rise in development, reflecting India’s expanding prominence in the global market.

 

The impact of toy companies in India

Toy businesses have made a significant impact on the Indian market. The entry of multinational toy producers, as well as the rise of domestic competitors, has not only broadened the choice of toys accessible but has also raised quality and safety requirements. This has not only increased consumer alternatives but it has also increased job and investment prospects in production and distribution. Furthermore, the toy sector has joined India’s ‘Make in India’ effort, which has increased indigenous toy manufacturing and exports.

 

FAQs

Which toys are most popular in India?

Barbie dolls, Lego construction sets, Play-Doh, Matchbox Cars, Tonka Trucks, hula hoops and Frisbees are among the most popular toys in India.

What are the major toy companies in India?

Major toy companies in India include the following: Funskool, Fisher-Price, Firstcry, Chicco, Toy Zone Impex, Jumboo Toys and Crafts LLP, Plastech International (Buddyz), Centy Toys, Brainsmith, Masoom Playmates.

How many toy manufacturing facilities exist in India?

The MSME Sector includes about 4,000 toy units that play a vital role in both manufacturing and supplying toys to important global and local brands, contributing significantly to the industry's output and exports.

What is the size of India's toy industry?

According to industry report, the Indian toy sector is worth $1.5 billion and accounts for 0.5% of the worldwide market.

What types of toys are currently popular and sought after in the Indian market?

The toy business in India has seen a shift in demand as a result of technological improvements. Robots, interactive games and remote-controlled gadgets are among the most popular electronic toys. Furthermore, there is a growing trend towards educational toys, which promote learning and skill development.

Which hand-made toy is well-known in India?

Lattu, or spinning tops, have been a popular toy in India for ages. These traditional Indian toys are constructed using a piece of wood, a nail and a thread.

How has the concept of toys evolved throughout the history of India?

India has a 5000-year history of toy production, as shown by the artefacts from Harappa and Mohenjo-Daro that were uncovered and included miniature carts, dancing figures, and other toys. India has developed a thriving history of utilising toys as a vehicle for storytelling within this historical setting, reflecting its rich cultural legacy.

Which Indian city is well-known for its handcrafted toys?

Channapatna, India's toy town, is a small hamlet just 70 miles from Bangalore, where the streets are lined with stores selling handcrafted coloured toys.

Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]