Uttar Pradesh hopes to attract over Rs 1,000 crore in net private investment with its first toy park in Noida.

The Yamuna Motorway Industrial Development Authority (YEIDA) in Noida Sector 33 is developing a park that would cover 100 acres.

A government spokesperson stated that the Toy Park will challenge Chinese companies' virtual monopoly in the domestic toy market and spur socioeconomic progress, with an anticipated 6,000 employment to be created in Uttar Pradesh.

The official stated that the action would support the labor-intensive micro, small, and medium-sized business sector in Uttar Pradesh.

Although the planned hub for production is anticipated to be completed by the end of the year, prominent companies in the gaming and toy industries, such as Fun Zoo Toys India and Funride Toys LLP, have already secured captive factories.