THE LONG GAME

The US buys nearly half of India's toy exports, so the picture is not a happy one. But the big exports for X'mas are shipped, and newer markets beckon

- By SONAL KHETARPAL

The Fallout: India exported toys worth $79 million (Rs 695 crore) to the US in FY25. This accounts for 47 per cent of India's global toy exports. Therefore, the 50 per cent tariffs have landed these exports in grave uncertainty, with job losses a possibility for some of the estimated three million people who work in the sector.