India Toy Imports Down 71% Since 2019, Market Seen Hitting $5B by 2034: FM

FM Sitharaman said India's toy industry slashed imports 71% since 2019 while exporting $186M to 153 countries in FY2025-26. The domestic market is projected to reach $5 billion by 2034, aided by manufacturing gains, innovation and DPI platforms like ONDC and UPI.

— Filed Tue, 7 Jul, 2026, 19:08 IST · Source NDTV Profit · Updated

FM Sitharaman said India's toy industry cut imports 71% since 2019, exported $186M to 153 countries, with the domestic market projected to reach $5B by 2034, driven by manufacturing, innovation and DPI platforms like ONDC and UPI.