NEW DELHI : The Indian toy industry has shown tremendous growth and in the last 10 years or so, toy exports have reached $523.24 million, overtaking imports at $517.71 million amid several conducive government initiatives.
A few years back, the ‘Made in China’ toys were ruling the Indian market but not anymore, according to industry data.
In the financial year 2011-12, India imported toys worth $422.79 million while exporting less than half of the reported figure.
The domestic toy industry has expanded its presence to more . . .
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