
Why India’s Growth In Toy Manufacturing Is Only Going To Accelerate From Here Onwards
The toy business is still in the early stages of transitioning from a single manufacturing hub model (with China as the single hub) to a multi-hub situation going forward. There are a number of reasons for this, but above all it is because the Chinese economic miracle, which has moved more than 1 billion people out of poverty. For the toy business this means that the massive low-cost labour force we have relied on for decades needs to move onto manufacturing more complex and