TestCloud
Prep • Practice • Perform
Log In

India’s Toy Exports Increase by 239% in Last 9 Years.

Economy & Business | Dated: 07 Jan 2026

The Ministry of Commerce and Industry reported that the Indian toy industry has witnessed a remarkable growth of 239% in exports over the last nine years (2014-2023). Simultaneously, imports of toys have declined by 52%, reflecting the success of the "Make in India" initiative and the Quality Control Orders (QCO).

🎯 Key Highlights:

  • The government increased the Basic Customs Duty (BCD) on toys from 20% to 70% to protect domestic manufacturers.
  • Mandatory BIS certification has curbed the influx of sub-standard toys from China.
  • Major global toy brands are now sourcing from Indian manufacturing hubs like Koppal (Karnataka).

💡 Other Important Facts:

  • Sector: Toy Industry.
  • Export Growth: 239%.
  • Import Decline: 52%.

📚 Test Your Knowledge:

According to recent data, by what percentage have India's toy exports increased over the last nine years?

Correct Answer: 239%

🚀 Quick Recap:

About DPIIT

  • Secretary – Rajesh Kumar Singh
  • Parent Ministry – Commerce & Industry