India is rapidly transforming into a dynamic technology hub, embracing the growing influence of gadgets in people’s daily lives. Amidst this progress, the Indian robotic toy market is emerging as a promising sector with vast potential in R&D, AI and the Internet of Things (IoT). Although it is still in...
With rising interest in technology and digital lifestyles, the global robotic toy market is expected to surpass around US$ 63.5 billion growing at a CAGR of 17.5% during the period 2023-2032. India’s robotic toys industry is still in its infancy, though it holds a tremendous opportunity in the sector driven...
Mukesh Jagwani, CEO & Managing Director, WinMagic Toys Pvt Ltd, opines that to build India’s credibility as a quality manufacturing hub for toys would attract foreign investment into the sector & boost domestic production capability. This would encompass a gamut of reforms such as setting up of more SEZs, holistic...
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