April 13, according to reports by the Press Trust of India, Indian toy industry experts believe that the Sino-US tariff war is exactly the "golden opportunity" for India to become the global toy export center.
It was reported that with the continuous escalation of the Sino-US tariff war, China's share of 77% in US toy imports will significantly decrease, thus opening up market space for toy suppliers from other countries, and India is one of the main competitors. Akshay, chairman of the Indian Toy Association, said, "The US toy market is worth about $41.7 billion, which is a huge opportunity for Indian toy manufacturers. Indian toys can now compete with China in terms of quality and price."
India can compete with China in population, but in other aspects, there is really no mention of competition. As for toys, Western markets have never seen toys made by Indians. India does have toys, but they are only for domestic use, and exports are not wanted.
Original article: https://www.toutiao.com/article/1829371364377612/
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