• Home
  • About Us
    • About Aequs
    • Board of Directors
    • Leadership Team
    • Our Philosophy
    • Our Journey
    • Our Locations
    • Environment Health & Safety
  • Our Ecosystems
    • Aerospace
    • Consumer
  • Sustainability
    • EGM – May 13, 2025
    • EGM – April 25, 2025
    • EGM – March 29, 2025
  • Resources
    • Blog Posts
    • Updates
    • 360° Walkthrough
  • Media
  • Careers
  • Contact Us
AequsAequs
AequsAequs
  • Home
  • About Us
    • About Aequs
    • Board of Directors
    • Leadership Team
    • Our Philosophy
    • Our Journey
    • Our Locations
    • Environment Health & Safety
  • Our Ecosystems
    • Aerospace
    • Consumer
  • Sustainability
    • EGM – May 13, 2025
    • EGM – April 25, 2025
    • EGM – March 29, 2025
  • Resources
    • Blog Posts
    • Updates
    • 360° Walkthrough
  • Media
  • Careers
  • Contact Us

Karnataka CM Performs Groundbreaking for Aequs’ Koppal Toy Cluster

India’s first toy cluster has potential to generate 25,000 direct jobs over a decade. To catapult country into the big league of global toy makers

Koppal, Karnataka, January 9, 2021

Aequs celebrated the groundbreaking for India’s first toy cluster today. Promoted by Aequs SEZ Private Ltd., in partnership with the Government of Karnataka under the state’s Product Specific Industrial Cluster Development Program, a first of its kind initiative in India, the Koppal Toy Cluster is being set up at an investment of Rs 4000 crore. 

The 400+ acre toy manufacturing ecosystem will house over 100 units with a potential to generate over 25,000 direct jobs apart from 100,000 indirect jobs over the next decade. 

Hon’ble Chief Minister of Karnataka, Shri B. S. Yediyurappa, his cabinet colleagues and other senior officials of the Government of Karnataka and dignitaries participated in the groundbreaking ceremony. 

“This is a momentous occasion as the Koppal Toy Cluster, which is India’s first, is in line with Prime Minister Narendra Modi’s vision of vocal for local and boosting toy manufacturing in the country. With the ecosystem to support the toy cluster in place, the Aequs’s Koppal Toy Cluster will have world class infrastructure and generate thousands of jobs,” said Mr. B. S. Yediyurappa. 

“This initiative to set up a sector-specific toy manufacturing cluster in Koppal is bound to attract greater investments in the industry. Aequs, with the setting up of a world-class manufacturing ecosystem, will enable the industry to grow exponentially through investments. I would like to convey my heartiest congratulations to Aequs on this landmark occasion,” said Mr. Jagadish Shettar, Minister of Large and Medium Scale Industries, GoK. 

The establishment of the Koppal Toy Cluster is a definitive step towards generating thousands of direct and indirect jobs in the region. Further, the cluster comes with a number of reforms and incentives for the toy manufacturing industry, which will not only provide a conducive business environment, but propel the Indian toy manufacturing industry to greater heights,” said Mr. Gaurav Gupta (IAS), Additional Chief Secretary, GoK.

“Today’s groundbreaking for the toy cluster is a moment of pride for us as we look forward to this new journey to build India’s indigenous toy manufacturing capacity and capability to cater to not just the local, but also the $80 billion global market for toys. The market for toys in India is estimated at $1 billion annually but nearly 60% of it is met through imports,” said Aravind Melligeri, Chairman, Aequs Group. Slated to be operational by the end of the year, the Koppal Toy Cluster will be one of the quickest executed projects ground-up to commencement of operations in India, he added. 

The campus has been designed to house an entire toy manufacturing ecosystem comprising the Special Economic Zone (SEZ), Domestic Tariff Area (DTA) and the Free Trade Warehousing Zone (FTWZ). Designed to global standards, the campus will support the entire manufacturing value chain. It also facilitates training and need-based skill development apart from social infrastructure and residential accommodation for the workforce within the same complex to enhance ease of operations. 

Koppal offers strategic location advantages with efficient connectivity to major trade hubs like Hubballi and Bengaluru, a good business environment, and abundant workforce making it an ideal destination for the labour-intensive toy units. 

The project represents the Government’s drive to provide world-class manufacturing facilities within the state by providing an atmosphere that is congenial to doing business, easing regulatory requirements, providing financial incentives, and affordable workforce and skilling initiatives.

Several global and local reputed toy makers and OEMs have evinced keen interest in sourcing from the Koppal Toy Cluster for the global markets. Coinciding with the groundbreaking today, six strategic MoU’s were signed in relation in establishing their manufacturing facilities in Koppal Toy Cluster, totalling revenue potential of $450 million plus over the next five years. The MoUs demonstrate the strong commitment of the industry to the Koppal Toy Cluster.

Details of the MoU’s signed:

PartyInvestment 
Aequs Force Consumer Products Private Limited (AFC) – A joint-venture with GFT, China $ 80 Mn 
Aequs Engineered Plastics Private Limited $ 60 Mn
Micro Plastics Private Limited, India$ 40 Mn 
Playgro Industries Private Limited, India$ 15 Mn 
Sterling New Horizons Private Limited, India$ 10 Mn 
Hotshot Tooling and Engineering Limited, Hong Kong$ 6 Mn 

About Aequs 

Aequs is a global manufacturing ecosystem developer catering to unique global sourcing requirements. It specializes in creating sector specific clusters that deliver seamless vertically integrated product manufacturing solutions for global customers. It is currently focused on aerospace and consumer sectors. Headquartered at Belagavi, Karnataka, where it operates a Special Economic Zone (SEZ), Aequs clusters employ over 6,000 resources and operate manufacturing facilities across India, France, and the USA.

About Aequs SEZ Pvt. Ltd.

A division of Aequs INFRA, Aequs SEZ Pvt. Ltd., was launched in 2009 at Belagavi, Karnataka, India. It creates world-class infrastructure for manufacturing and engineering companies. It successfully anchors the pioneering Aerospace manufacturing ecosystem in the Aequs SEZ, at Belagavi, establishing India as a preferred supply chain solution destination for global aerospace players. The company has firmly established itself as a formidable infrastructure provider in India for domestic and global manufacturing and engineering players. With its state-of-art and scalable infrastructure, turnkey office spaces, built-to-suit facilities, fiscal incentives, and access to skilled resources, Aequs INFRA builds ecosystems that help companies be globally competitive.

Contact:
C Chitti Pantulu
Vice President, Marketing & Communication
Mob: +917795690653
Email: chitti.pantulu@aequs.com

B.B. Kotturshettar
Head of Department
School of Mechanical Engineering, KLE Tech.
Mob: +919243282898
Email: bbkshettar@kletech.ac.in

Aequs Logo

Follow Us

Tweets by Aequs Ltd

Copyright © 2025-26, Aequs Limited (formerly known as Aequs Private Limited) | Aequs® and its derivative marks
are the registered trademarks of MFO IP Holdings Ltd | All Rights Reserved

  • Home
  • Terms of Use
  • Privacy Policy
  • Whistle Blower Policy
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT