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Toy industry sees 8-10% fall in exports to US on duty hike

The New Indian Express Madurai

|

August 28, 2025

AS 50% tariff on Indian exports kicked in from Wednesday, toy industry is seeing an 8-10% fall in exports to the US, India's biggest exports market.

- SANAL SUDEVAN @Chennai

Though experts also see this as an opportunity for the government to bring in reforms such as GST reduction on toys, and upgradation in production technology.

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