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30/09/2022 01:30pm

Tamil Nadu Toy industry seeks special policy for sector

image Tamil Nadu Toy industry seeks special policy for sector

Chennai, Sept 30 (KNN) The toy market in Tamil Nadu is estimated to be worth Rs 600-700 crore and the sector is growing year after year, keeping this in mind the state should consider coming up with a policy for this particular sector, said Santosh Kumar, president of Tamil Nadu Toy Dealers’ Association.

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“Tamil Nadu is not conducive to the toy industry. They focus is on information technology, electronics and real estate but not toys. There is huge potential, and it is high time they realise that many children are playing with toys,” Kumar told The Hindu at the side-lines of the ‘Toy Expo Chennai 2022’.

Speaking on the occasion, Ajay Agarwal, president of the Toy Association of India, said if the state came out with a policy, more toy manufacturers would come here and invest . “There is demand for warehousing space too and the state also has ports, and we can export from here,” he said.

Aggarwal further added that government policies such as increasing customs duties on imported toys and mandating BIS certification requirements for imports has not only boosted domestic manufacturing but also helped the industry to explore global markets and enhance exports.

The key regions for the toy market in India are Maharashtra, followed by Tamil Nadu, Karnataka, Gujarat, Delhi and other small pockets.  (KNN Bureau)

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