The US increased tariffs on Chinese toys. Indian toy exports are already growing. Local manufacturers are scaling up production. West Bengal is urged to develop a toy manufacturing hub. This could create jobs and investment.
Akshay Binjrajka, President of the Toy Association of India, told PTI that India is uniquely positioned to benefit from this geopolitical shift.“The US toy market, valued at around $41.7 billion, offers a massive opportunity for Indian manufacturers,” Binjrajka said. “Indian products can now compete with Chinese offerings on both quality and price.”
India’s toy exports have already shown robust growth—from $40 million in 2014-15 to an estimated $152 million in 2023-24. In parallel, imports from China have drastically declined—from $235 million in FY20 to just $41 million in FY24—thanks to India’s tighter import norms and emphasis on domestic manufacturing.
Binjrajka, who also chairs the Toy Sub-Committee at the Bharat Chamber of Commerce, noted, “The Indian toy sector, once heavily import-dependent, is now undergoing a transformation. Local manufacturers are scaling up to meet domestic demand and are now eyeing global markets.”
Challenges remain as China tries to re-route supply
Despite India’s growing footprint, Binjrajka cautioned that “cheap, unregulated Chinese toys continue to flood the Indian market”, and this influx could increase following the US tariffs as Chinese suppliers look for alternate dumping grounds.
He urged the central government to tighten port checks and called upon the Bureau of Indian Standards (BIS) to crack down on substandard imports to protect the Indian industry’s momentum.Wet Bengal’s big opportunity in toy manufacturing
Binjrajka also made a direct appeal to West Bengal Chief Minister Mamata Banerjee to develop a dedicated toy manufacturing cluster in the state—a long-pending demand of industry stakeholders.“West Bengal has all the ingredients to become a toy manufacturing hub—strategic location, seaport access, good logistics, raw materials, and labour. But the final push from the state is still missing,” he said.
He emphasized the sector’s potential as a major MSME employer, capable of generating significant investment and jobs in the region. “If India is to become a global toy supplier, Bengal must lead that movement,” he asserted.