India sets toy-sector task force to target 5% of global trade by 2032
The government has formed a dedicated task force to lift India’s share of global toy trade from 1.9% to 5% by 2032, with priorities spanning manufacturing, localisation, design, skills, quality, branding and global value-chain integration.
The government formed a task force to help India’s toy sector reach 5% of global market share by 2032, focusing on global value-chain integration, manufacturing, localisation, design, skills, quality standards, branding and ease of doing business.
Why this matters
The task force formalises India’s toy-sector export push, following the recent signal that the government is targeting a 5% global toy trade share by 2032.
Retail-company signals are accelerating, up 386900% quarter over quarter.
Also reported by
- The Hindu BusinessLine — Same time