India, July 8 -- Citing the toy industry's vast growth potential, Finance Minister Nirmala Sitharaman on Tuesday said Indian manufacturers should aspire to capture at least a one-fourth of the global toy market share, which is estimated to reach $179 billion by 2032.

India exports toys to 153 countries and their value reached $186 million in 2025-26, while imports have come down drastically by 71 per cent during 2019-26, she said in her address at the international toy exhibition here. India's toy market is projected to reach $five billion by 2034, while the global toy market is projected to reach $179 billion by 2032, she said.

"We are still aiming at only ($) five billion by 2034. I think we are capable of doing a lot better. We have ...