India, July 4 -- Commerce and Industry Minister Piyush Goyal on Saturday said India's toy exports have surged 239 per cent over the last four years and urged the industry to build on the momentum by targeting tenfold growth in the coming years.

Addressing the toy industry, Goyal also noted that toy imports have declined by 32 per cent, reflecting the growing strength of domestic manufacturing.

He remarked while addressing the 17th Toy Biz International B2B Exhibition 2026, organised by the Toy Association of India (TAI) in New Delhi.

He said more than 50 toy clusters have been established across the country, with nearly 21,000 MSMEs engaged in toy manufacturing. Many of these units are also undertaking contract manufacturing for both I...