India’s toy industry exports grew by 89%, rising from USD 203.5 million in 2018-19 to USD 384.7 million in FY26. During the same period, imports fell by 37.5%, dropping from USD 371.7 million to USD 232.3 million. Key export destinations include the United States, the United Kingdom, the Netherlands, and Germany. A task force has been formed to boost India's market share from 1.9% to 5% by 2032, Ministry of Commerce and Industry stated.