Opportunities and Challenges of Toy Manufacturing Sector in India
This article studies the opportunities and challenges that persist for the Toy Manufacturing sector in India. India is named for its traditional toy a year back history of 5000 years. The industry gives more employment opportunities and provides more revenue to the people who depend on it. But due to the change in liking of traditional toys, patterns and innovation of Chinese toys create a great deal of trouble to the Indian manufacturers. The study is essential in estimating the opportunities and challenges available in the toy manufacturing sectors in India. The study adopts the literature survey approach, mainly from various agencies' reports and news from the websites. The at manirbar mantra, Covid 19 influence, Global scenarios link shows significant opportunities for toy manufacturing sectors. Challenges are found to be in the availability of foreign toys, increased import duty on raw material and capital goods, and introduction of quality standards in Toy Production.