The Toy Association of India has announced the ongoing success of the Toy Biz B2B International Expo 2024. The expo, which started on July 6 and will continue until July 9, 2024, is being held at Pragati Maidan, New Delhi.
The Toy Biz B2B International Expo 2024 has brought together a diverse array of manufacturers, traders, and end users from the toy industry. The event aims to foster strong business relations through B2B interactions and has attracted delegations from several countries, significantly promoting trade.
More than 300 domestic companies and over 100 foreign buyers from countries such as the United States and Germany are participating in the four-day event. Over 350 Indian brands are showcasing their products, which include a wide range of children’s products, puzzles & board games, traditional toys, soft/plush toys, kids’ cradles, sports goods, and educational toys.
Mr. Naresh Kumar Gautam, Senior Vice-President of the Toy Association of India, remarked, “The 15th Toy Biz International B2B Expo 2024 is the largest fair in South Asia. It provides an unparalleled platform for Indian brands to display their products and engage with international buyers, fostering significant trade opportunities.”
Gautam, who is also the CEO of Noida-based Little Genius Toys Pvt Ltd, also suggested the government provide fiscal support to manufacturers in organising these fairs.
“At least Rs 1 lakh should be given to all the stalls in these fairs. At present, we are providing hotel accommodation to foreign buyers and ticket cost up to Rs 1 lakh,” he added. He said that the expo can also help raise awareness about the importance of the Indian toy industry, both domestically and internationally. Wooden toy maker Gautam said that different categories of toys will be showcased to buyers such as electronics, soft toys, playground equipment and board games.
