Toy exports up 60% to $326 million from FY19-FY23

economictimes.indiatimes.com:

toy exports increased 60 per cent from $203.46 million in 2018-19 to $325.72 million in 2022-23, Parliament was informed on Wednesday. Import on the other hand dipped 57 per cent from $371.69 million in 2018-19 to $158.70 million in 2022-23, according to data provided by Minister of State for Commerce and Industry Som Parkash. He said the government has taken proactive steps to promote domestic toy industry. «As a result of various steps taken by the government, the volume of import of toys into the Indian market has shown a consistently decreasing trend,» he said in a written reply to the Lok Sabha. In a separate reply, he said the total number of industries registered under the ministry from January 1991 to July 31, 2023 is 1,10,525.

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