How does Koppal Toy Cluster aim to cater to the international toy market demands by manufacturing in India? How is it also reshaping North Karnataka's future and contributing to the growth of India and the manufacturing sector?
Spread over 400 acres, the Koppal Toy Cluster (KTC), India's first toy manufacturing cluster, is built to cater to global players. It comprises an exclusive Special Economic Zone (SEZ), apart from a Domestic Tariff Area (DTA).
KTC offers end-to-end infrastructure and services as a one-stop manufacturing solution. It is set to play a key role in India's quest to become a dominant player in the global toy market. Built to house up to 100 units when fully occupied, the industrial cluster offers a viable option for global manufacturers and toy brands seeking to diversify their manufacturing and supply chains away from other production centres like China and Vietnam.
For instance, one of the first occupants in the SEZ makes rubber components used in toys made by other units within the cluster. Aequs, one of the largest exporters of toys in the country today, is an anchor participant in the KTC.
Exporting to over 60 countries, Aequs boasts of one of the largest manufacturing spaces in the country, making it one of the biggest toy makers and exporters in India.
Understandably, KTC is expected to transform the socio-economic scenario in North Karnataka, and particularly in Koppal, which is the most backward district in Karnataka. With few jobs available locally, the Koppal district is characterised by rampant migration of labour and is an ideal location for setting up new industries. When fully occupied, the KTC is slated to provide direct employment to 25,000 people, subsequently generating another 1,00,000 indirect jobs in the region. Many of these jobs will require semiskilled workers, including women from the region.
This story is from the Nov 2023 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the Nov 2023 edition of The Machinist.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
IGUS'S NEW ONLINE CONFIGURATOR FOR CUSTOM ROTARY ENERGY SUPPLY SYSTEMS
igus, the motion plastics specialist, now offers a rotation module online configurator that allows engineers to design, and order customised rotary energy supply systems in seconds.
WE CONSISTENTLY INVEST IN ADVANCED TECHNOLOGIES LIKE AUTOMATION, ROBOTICS, DIGITALISATION, AND SIMULATION
Nikhil Rao, VP of Operations at Flex India, discusses how Flex is redefining manufacturing through technology, sustainability, and a global workforce. He shares insights into Flex’s vision, investments in automation and digitalisation, the latest industry trends, including its partnership with the Reverse Logistics Association.
INDIA'S $300 BILLION ELECTRONICS GOAL RELIES ON INFRASTRUCTURE, R&D, SKILLS, AND MANUFACTURING
Imran Kagalwala, Co-Founder of UNIX India, discusses strategies and challenges in electronics manufacturing, including public-private partnerships, tariffs, and the Make in India initiative. He also highlights leveraging India's demographic dividend, achieving a 300 billion economy, and UNIX's Umbergaon facility in an interview with Nisha Shukla.
CCMS ENABLES REAL-TIME COLLISION DETECTION, ACTIVATING AIRBAGS AND EMERGENCY BRAKING
Mohan Babu University initiated the Continuous Collision Monitoring System CCMS) project, led by Prof. N. Harathi and students, to enhance safety technologies and provide hands-on experience with piezoelectric sensors, bridging education and industry needs. In an exclusive interaction with Nisha Shukla, Prof. Harathi discusses the project’s motivations, goals, market readiness, and challenges.
BLUPINE ENERGY LAUNCHES VOCATIONAL TRAINING AND COMMUNITY INITIATIVES TO BOOST LOCAL DEVELOPMENT
BluPine Energy, a leading renewable energy services company in India, has launched impactful initiatives to empower communities around its operational sites and promote sustainable development in Punjab.
POWERING INDUSTRIAL AUTOMATION ACROSS INDUSTRIES
Industrial automation has transformed production by providing precision and efficiency across various sectors. This article explores how Inovance Technology's solutions are revolutionising the manufacturing, energy, and transportation sectors with innovative products that enhance productivity and sustainability.
HOW FREE TRADE WAREHOUSING ZONES ARE BOOSTING INDIA'S ECONOMIC LANDSCAPE?
In an exclusive interaction, Ranjit Ray, Vice President Economic Zones, Middle East, North Africa, and Subcontinent, DP World, delves into the benefits and challenges associated with Free Trade Warehousing Zones FT WZs) in India, focusing on how they enhance global trade, streamline logistics, and provide unique advantages to various industries.
UNLOCKING THE POWER OF AI IN RECRUITMENT AND STAFFING FOR THE MANUFACTURING INDUSTRY
The author emphasises AI’s significant role in optimising hiring and workforce management in manufacturing industry; while also cautioning about potential challenges these technologies may bring to the sector.
OUR PARTNERSHIPS WITH UAE GOVT ENTITIES FOSTER A COMPETITIVE MANUFACTURING AND LOGISTICS ECOSYSTEM
For over two decades, Dubai Industrial City has been a key driver of innovation and sustainability in the region's manufacturing and logistics sectors. Ina discussion with Nisha Shukla, Saud Abu Alshawareb, Executive Vice President Industrial at TECOM Group PJSC delves into Dubai Industrial City’s cutting-edge infrastructure, its support for smart manufacturing under Industry 4.0, and the strategic partnerships that enable businesses to innovate and expand globally.
DRIVING INNOVATION, SUSTAINABILITY, AND THE FUTURE OF MOBILITY
The 8th Global Conference on Plastics in Automotive, held in Pune, concluded on a high note, offering the industry actionable insights and thought-provoking discussions.
