World’s play retailer: India scripts a neighborhood toy story, turns a web exporter

Though India’s share on the earth toy commerce has marginally improved, it nonetheless lags behind China’s. Toys usually are not China’s major merchandise of export, however about two-thirds of the toys bought globally are from China.

The world exported toys price $73.2 billion in 2021: China accounted for 66.2 per cent, or $48.5 billion of that, out of which mainland China made up $46.1 billion and Hong Kong $2.4 billion. By comparability, India’s toy exports had been a minuscule 0.23 per cent of the world’s toy exports.