Toy industry ready to take advantage of high US tariffs on competitors like China & Vietnam

India's toy exports are hovering in the range of $326 million to $348 million for last three years, according to the industry

- 

NEW DELHI: The Indian toy industry is ready to take advantage of the high tariffs imposed by the US on competitors such as China and Vietnam, and the domestic players have already begun work on expanding capacity and forming joint ventures with global firms, exporters said on Sunday.

They added that India has emerged as a winner in the recent US tariff hikes, as the exporters are better positioned to absorb the impact compared to competitor countries that are facing higher import duties in America.