Candytoy Corporate Invests ₹100 Cr for 3 New Manufacturing Units

Candytoy Corporate, India's largest manufacturer of plastic promotional toys and confectionery has announced a major expansion of its new manufacturing site in Indore, Madhya Pradesh, which will include three new facilities.

The new facilities will measure 500,000 sq. ft. combined, which will allow for a significant increase in Candytoy's production capacity and are expected to create nearly 1,000 new jobs to the region's economy.

Gaurav Mirchandani, Director, Candytoy Corporate, said, “We plan to make Indore the global hub for Candytoy manufacturing. We have earmarked an investment of ₹100 crore to strengthen our manufacturing base with three new facilities, all located in Indore. This initiative aligns with our vision to create a world-class, Made-in-India hub for toys catering to global markets.”

Also Read: How Engineered Seals Are Changing Power and Process Plants

The new production will accommodate a new line of products, which will include balloon toys, popping candy, cotton candy, and new toys geared for export related to global holidays including Halloween and Easter. Committed to future growth, Candytoy Corporate partially revealed the world's largest Candytoy showroom, a 6,000 sq. ft. experiential showroom in Indore with over 2,500 items of promotional toys, candy toys, and candy, incorporating toys, treats, and technology for a multi-dimensional experience for visitors.

Established just four years ago, the Indore-level company now has five factories (Indore, Delhi, Hyderabad) and produces 10.5 million toys per day with over 800 employees. CTC exports to Europe, the US, Africa, and the Middle East-to ensure India remains a rapidly growing player in toy manufacturing industry.