Indian Toy industry can generate 30K jobs in TN
Indian Toy industry – The Tamil Nadu toy industry may easily generate up to 30,000 jobs, boosting the sector, if the state government provides it with the necessary support.
Given the lack of toy manufacturers in the area and their proximity to ports, Chennai and Tuticorin may be advantageous places for the business, according to Santosh Kumar, president of the Tamil Nadu Toy Dealers Association.
Further explaining, he stated that the Telangana government had allocated 1,000 acres of land for the business when the national level toy show was held in New Delhi.
It is a very significant and encouraging step, and many professionals in the field have already reserved their seats (in Hyderabad). Here in Tamil Nadu, a comparable (kind of) support is needed.
He claims that Chennai, with its significant investors, is the centre of the southern region’s toy sector.
Because of our port connectivity and the ease of logistics assistance, people from neighbouring Andhra Pradesh and Kerala have moved here, he said.
According to Kumar, the worth of the toy sector in Tamil Nadu alone is Rs 600 crore, and it has room to develop provided the government offers land at discounted prices for both production and warehousing.
Indian Toy industry
The toy market in India is expanding at a rate of above 12%. Almost 80% of the toys on the market three years ago were imported. However, the situation has altered now as a result of a sharp decline in imports, according to Agarwal, who spoke at the city’s most recent toy fair.
Over five lakh artisans were employed in the toy industry, and over 75% of toy manufacturing facilities were made up of micro, small, and medium-sized businesses, according to Agarwal.
According to him, Tamil Nadu, Andhra Pradesh, and New Delhi are the next three biggest toy markets.
According to Kumar, areas like Uttar Pradesh, New Delhi, Noida, and Mumbai have good manufacturing infrastructure.
“I think in Tamil Nadu we can easily produce direct jobs to the tune of 20,000 to 30,000,” he said, “provided the Tamil Nadu government offers help on the lines of Andhra Pradesh government, which allocated roughly 1,000 acres of land.”
He mentioned soft toys, battery-operated toys, baby products, and wooden instructional things as the products that may be produced in Tamil Nadu.
“Tamil Nadu does not have montessori equipment. These toys for children are not produced locally. Maria Montessori is a French educational philosophy, which is excellent since it ensures that students will never forget what they have learned. These products are not produced in Tamil Nadu. However, in Karnataka, people, “said he.
A toy manufacturing plant can be established with a minimum of one acre of land and Rs 50 lakh in capital. “It is a straightforward sector. It’s not complicated science “said he.