Summary
The Indian toy manufacturing industry transforms its operation toward producing creative and affordable toys that also benefit from non-hazardous ingredients. The toy industry in India will dominate as a worldwide leader over the next few years because of sustained investments into technology and quality control methods.
The current toy industry valuation remains at $2 billion before projections indicate it will increase to $3 billion and demonstrate a yearly growth of 12% until 2028. These top 10 Indian toy manufacturers supply diverse markets through their educational toy products accompanied by action figures and board game selections and other types.
In this insight, you will get the list of the top 10 toy manufacturing companies in India in 2025.
Types of Toys Manufactured in India
1. Educational and STEM Toys
Educational and STEM (Science, Technology, Engineering and Mathematics) toys combine enjoyment with educational aspects to help develop the cognitive abilities of children. The toy manufacturing company Clever Cubes LLP specializes in creating intricately designed educational board games that prove popular among child learning populations.
2. Action Figures and Dolls
The toy market in the country particularly enjoys high sales for action dolls as well as figures. The toy figure market is directed by Funskool and Simba Toys, which manufacture in-depth, realistic figures based on cinematic releases as well as animated properties and comic stories.
3. Board Games and Puzzles
Board games and puzzles consistently remain popular household activities that enhance abilities to solve problems and keep families united. The companies in this segment produce traditional games, including chess, alongside contemporary board game warfare strategies.
4. Building Sets and Blocks
Building sets and construction toys, similar to LEGO, encourage creativity and motor skills development. These toys are widely popular among young children and contribute to their intellectual growth.
Top 10 Toy Manufacturing Companies in India
| Rank | Company Name | Year Established and location |
| 1 | Simba Toys India Private Limited | 1984; Headquartered in Mumbai |
| 2 | Funskool India Limited | 1986; Joint venture between MRF & Hasbro |
| 3 | Tripple Ess Toys Private Limited | 2000; Based in Noida |
| 4 | Microplastics Private Limited (MPPL) | 2005; Based in Bangalore |
| 5 | Clever Cubes LLP | 2018; Based in India |
| 6 | Win Magic Toys Private Limited | 2017; Based in India |
| 7 | Aditi Toys Private Limited | 2015; Based in Rajkot, Gujarat |
| 8 | Fisher-Price | 1930; Based in Lower Parel, Mumbai |
| 9 | FirstCry | 2010; Based in Pune, Maharashtra |
| 10 | Toy Zone Impex | 2001; Based in Rajouri Garden, Delhi |
1. Simba Toys India Private Limited
From its headquarters in Mumbai, Simba Toys India Private Limited operates as a leading Indian firm that has focused on toy production since its establishment in 1984. Simba Toys India Private Limited stands distinguished through their high-quality collection of toys that consists of action figures alongside dolls, building sets and educational toys.
As a company dedicated to product safety and innovation, Simba Toys India provides toys that fulfill international safety requirements at prices families can afford throughout the nation. The company maintains success by focusing on product design excellence combined with high-quality standards and child-oriented features, which resulted in both domestic market expansion and global growth.
Key Highlights:
- Extensive range of toys catering to different age groups.
- Strong emphasis on safety, durability, and innovation.
- Established presence in both Indian and international markets.
2. Funskool India Limited
The joint venture between MRF and Hasbro launched Funskool India Limited as their partnership in 1986. As one of the major toy manufacturers in India, Funskool produces several toys, which include action figures together with educational and board games.
Key Features:
- Wide variety of toys for all age groups.
- Affordable, high-quality, and safe products.
- Extensive retail presence with over 4,500 outlets across India and availability on online platforms.
3. Tripple Ess Toys Private Limited
The Noida-based manufacturing company Tripple Ess Toys Private Limited has been in operation since 2000, providing educational toys to national and international customers. The company presents multiple toy lines, which include instructional toys with action figures and dolls together with building blocks intended to train children between ages 2 and 8.
Tripple Ess Toys has obtained extensive public acknowledgment from preschools and educational establishments alongside Indian families because of its dedication to superior quality standards and novel product designs. Affordable, impactful learning tools produced by the company built a robust market position in the Indian toy sector.
Key Highlights
- Emphasis on Quality & Innovation—Ensures durability and child-friendly designs.
- Preschools, together with parents, trust this learning solution for its wide usage in education and family homes.
- The product combination of affordability with learning proficiency allows this product to develop cognitive abilities at budget-friendly costs.
4. Microplastics Private Limited (MPPL)
Microplastics Private Limited has existed in Bangalore since 2005,, together with its 300,000-square-foot manufacturing base that provides toys to worldwide retailers like Walmart, Disney, Target, and Amazon.
Key Features:
- High safety and quality standards.
- International exports to the U.S. and Europe.
- Collaborates with leading global retailers.
5. Clever Cubes LLP—Leading Educational Toy Manufacturer in India
Since its launch in 2018, Clever Cubes LLP has evolved to become a prominent educational toy manufacturer that dominates the market of India. As a STEM-based toy specialist, the organization emphasizes creating active learning experiences that enhance child and teen cognitive skills through hands-on educational experiences. This company offers a wide range of products that combine STEM toys with puzzles, board games and construction sets that provide innovative safety standards.
Why Choose Clever Cubes LLP?
- STEM-Focused Learning: Engaging educational toys that promote critical thinking and problem-solving skills.
- High-Quality & Affordable: Commitment to delivering premium products at accessible prices.
- Cognitive Development: Thoughtfully crafted designs that support intellectual and creative growth.
6. Win Magic Toys Private Limited
Win Magic Toys Private Limited entered the market in 2017 as a pivotal force that brought internationally popular toy brands Paw Patrol and Hatchimals to India. The company provides various premium toys and games that please toddlers, children and teenagers of all ages.
Win Magic Toys uses internationally popular brand partnerships to grow its user base throughout India. Customers can enjoy easy product access through retail stores as well as the Win Magic Toys website platform.
Key Highlights:
- The company functions as the sole distributor of premium international toy products.
- Comprehensive product range catering to all age groups.
- Strong presence across both online and offline retail channels.
- Commitment to quality and safety, ensuring customer satisfaction.
7. Aditi Toys Private Limited—A Leading Toy Manufacturer in India
The toy manufacturer Aditi Toys Private Limited started its operation in 2015 at Rajkot, Gujarat. As a preferred supplier to parents and educators both at home and internationally, the company focuses on innovation together with safety standards and child engagement.
The learning-based products from Aditi Toys have established the company as a premier exporter of durable toys that support child development.
Key Highlights
- Diverse Product Range—Educational, musical, and entertainment toys.
Safety & Durability—Designed to meet high safety standards, ensuring child-friendly play.
Global Presence—A trusted name in international markets, known for high-quality and innovative toys.
8. Fisher-Price
Industry: Toy Industry
Company Type: Industry Leader
Location: Lower Parel, Mumbai, Maharashtra - 400013
Founded: 1930
The global infant and preschool toy sector leader, Fisher-Price Inc., uses its position to produce leading toys and furniture for early childhood development needs. The products at Fisher-Price serve three age groups, starting from newborns up to toddlers before preschoolers, through educational play-based experiences. Through its heritage of user trust and inventive approach, Fisher-Price provides constantly excellent educational toys, which include interactive rattles and crib toys, developmental playsets and plush companions.
9. FirstCry
Industry: Toy Manufacturing & Retail
Company Type: Industry Leader
Location: Pune, Maharashtra—411001
Founded: 2010
FirstCry operates as a quick-expanding children's-focused electronic marketplace within India. Since 2010, Brainbees Solutions has operated its headquarters in Pune, Maharashtra, to offer customers complete child care solutions through its company. FirstCry provides customers with diverse childcare products, which include apparel, diapers, toys and accessories, in addition to high-end quality items at reasonable rates. Parents throughout India trust FirstCry as their go-to brand due to its ability to deliver both premium childcare items at affordable prices through its online and offline retail presence.
10. Toy Zone Impex
Industry: Toy Manufacturing
Company Type: Industry Leader
Location: Rajouri Garden, Delhi - 110027
Founded: 2001
The year 2001 saw Toy Zone Impex Private Limited establish its headquarters in India to serve as a major toy manufacturing entity and supplier in the country. The company manufactures diverse toy products that meet BIS safety standards while following global quality regulations for creating age-appropriate educational games of premium quality. The Indian marketplace trusts Toy Zone Impex Private Limited, as it serves prominent modern retail chains and e-commerce platforms throughout the nation.
What is the biggest toy maker in India?
Funskool is one of India's leading toy manufacturers and was founded in 1987.
Who is India's largest toy exporter in 2025?
In 2025, there are many new opportunities for exporting toys from India.
Some of the top toy exporters include:
- Garg Sports International Private Limited
- Dev Narayan Marketing
- Kajar India Exports
- Ravi Exports
- Virendra Haribhai Pansara
- J. K. Overseas
Who is the world's largest distributor of toys?
Which toy company makes the most money?
What is the oldest toy brand?
What is the current value of the toy market in India?
Which toy was made first in India?
What toy is famous in India?
Which is the toy city of India?
What is the largest toy manufacturing company in the world?
What is the most famous toymaker?
What is the biggest toy maker in India?
Who is India's largest toy exporter in 2025?
Some of the top toy exporters include:
Garg Sports International Private Limited
Dev Narayan Marketing
Kajar India Exports
Ravi Exports
Virendra Haribhai Pansara
J. K. Overseas
With India's toy industry projected to grow by 12% annually, now is the perfect time to invest, collaborate, or explore the wide range of educational and entertainment products. Discover the top 10 toy manufacturing companies in India in 2025 that are set to drive this growth and lead the market towards global dominance. Don't miss out on this exciting opportunity!
Start your journey in India’s expanding toy market today!
