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Aequs To Invest $500 Million To Set Up India’s First Toy Manufacturing Cluster In Karnataka s Koppal representative image Aequs Private Limited is investing $500 million to build India’s first toy manufacturing cluster across a 400-acre plot at Koppal in Karnataka, reports Economic Times. India’s toy imports are worth $1.2 billion annually and most of them are sourced from China. The domestic toy cluster is being developed to counter that and stimulate the country’s growth in this sector. “Toy industry globally is a USD 90 billion-market and Indian market size is about USD 1.7 billion. China exports USD 20 billion worth of toys and recreation goods annually, Aequs Chairman Aravind Melligeri was quoted as saying.

United statesAravind melligeriAequs privateAequs private limitedChairman aravind melligeriNorth americanToy manufacturing clusterஒன்றுபட்டது மாநிலங்களில்அரவிந்த் மெல்லிஜெரிசெக்ஸ் ப்ரைவேட்செக்ஸ் ப்ரைவேட் வரையறுக்கப்பட்டவைதலைவர் அரவிந்த் மெல்லிஜெரிவடக்கு அமெரிக்கன்பொம்மை உற்பத்தி கொத்து