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India's toy industry is rapidly growing, becoming a net exporter with a 79% drop in imports and a 40% rise in exports.
India's toy industry is booming, poised to capture a larger share of the global market, estimated to reach $179.4 billion by 2032.
Thanks to government policies, including increased import duties, India has seen a 79% drop in toy imports and a 40% rise in exports, making it a net exporter.
This growth is fueled by improved skills, technology adoption, and quality enhancements, supported by the government's National Action Plan for Toys.
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La industria de juguetes de la India está creciendo rápidamente, convirtiéndose en un exportador neto con un descenso del 79% en las importaciones y un aumento del 40% en las exportaciones.