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India Eyes Bigger Share Of US Toy Market As Rivals China, Vietnam Face Up To 54% Tariff

  • Indian toymakers are eyeing a bigger share of the US toy market as rivals China and Vietnam face up to a 54% tariff.
  • Indian exporters have already started expanding capacity and forming joint ventures with global firms.
  • The US has imposed a 26% import duty on India, while China faces a 54% tariff and Vietnam a 46% tariff.
  • India's toy exports range from $326 million to $348 million, with an opportunity for growth in the US market.

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