India’s diversified contract manufacturer Aequs will soon make its new line of Marvel toys for India as well as for the countries in the Middle East, ET has reported.
The toy sector is a small part of the local manufacturing industry India is now trying to build to take advantage of global supply chains shifting from China, generate jobs for its huge youth population and become self-reliant in manufacturing as well as an export powerhouse. From telecom to auto to defence to semiconductors, India is subsidising local manufacturing in more than a dozen sectors.
https://economictimes.indiatimes.com/industry/cons-products/electronics/the-year-when-the-make-in-india-lion-started-roaring-top-10-ventures/articleshow/106382782.cms?from=mdr