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Indian toy industry imports decline by 52 per cent

The Indian Toy industry witnessed remarkable growth with a decline in imports by 52%, a rise in exports by 239%, and a development in the overall quality of the Toys. The efforts of the Government have enabled the creation of a more conducive manufacturing ecosystem, doubling the number of manufacturing units, reducing dependence on imported inputs, and increasing gross sales value. India is emerging as a top exporting nation with a strategic plan of action.