The country’s toy imports fell to $ 130 million in 2020-2021, from $ 304 million in 2018-19, according to government data.
Trade and Industry Minister Piyush Goyal said the government was protecting the interests of the domestic toy industry by promoting toys made in India.
It also helps thousands of artisans in several toy groups, he said in a tweet on Thursday.
“Big drop in toy imports over the past 3 years,” he added.
The government has taken a series of measures to promote domestic toy manufacturing to ensure that no cheap substandard and dangerous toys are imported into India.
It has taken important steps to promote the domestic toy industry in the country, including mandatory sample testing of every shipment of imported toys, increasing the basic tariff from 20 percent to 60 percent , the implementation of the Toys (Quality Control) Ordinance with effect from January 2021.
(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)
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