New Delhi, July 7 (IANS) Finance Minister Nirmala Sitharaman on Tuesday called on India’s toy industry to aim for a significantly larger share of the global market, urging the sector to target one-fourth of the worldwide toy business, which is projected to reach $179 billion by 2032.Addressing the 17th Toy Biz International B2B Expo 2026 organised by the Toy Association of India in New Delhi, the Finance Minister said the country’s current market projections should be viewed in the context of th…
Latest National Action Plan for Toys News & Updates
New Delhi, July 7 (IANS) India has transformed its toy industry into a fast-growing manufacturing and export sector, with toy exports rising from $152.7 million in 2017-18 to $384.7 million in 2025-26, marking a growth of more than 151.9 per cent, according to the government on Tuesday.The government said the sector is benefiting from a combination of strong domestic demand, policy support, traditional craftsmanship and increasing global acceptance of Indian-made toys.The biggest jump was record…