Toy exports soar to USD 325.72 mln in 2022-23: Minister of State for Commerce and Business Som Parkash

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New Delhi: The nation’s toy exports have jumped to USD 325.72 million in 2022-23 from USD 96.17 million in 2014-15, Parliament was knowledgeable on Friday. Minister of State for Commerce and Business Som Parkash mentioned that the federal government is offering all-round help for making a conducive manufacturing ecosystem for the toys trade.

On account of measures, the manufacturing ecosystem of the trade has witnessed “exceptional” development, resulting in a considerable lower of 52 per cent in total import of toys from USD 332.55 million in 2014-15 to USD 158.7 million in 2022-23, Parkash mentioned in a written reply to the Rajya Sabha.

The exports have elevated by 239 per cent from USD 96.17 million in 2014-15 to USD 325.72 million in 2022-23, he mentioned.

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