PIB | 06 Jul, 2022
The
import of toys is down by 70% in the last three years. For HS Codes
9503, 9504, and 9505, the import of toys to India has reduced from USD
371 Mn in FY 2018-19 to USD 110Mn in FY 2021-22 thus showing a decrease
of 70.35 percent.
For the HS Code 9503, toys imports have decreased even
faster, from USD 304 Mn in FY 2018-19 to USD 36 Mn in FY 2021-22 for HS
Code 9503. Additionally, the exports have jumped by 61.38% over the
same period.
For HS Codes 9503, 9504, and 9505, the export of toys has
increased from USD 202 Mn in FY 2018-19 to USD 326 Mn in FY 2021-22, up
by 61.39 percent. For HS Code 9503, exports of Toys have increased from
USD 109 Mn in FY 2018-19 to USD 177 Mn in FY 2021-22.
Speaking to media during the 13th
Edition of Toy Biz B2B (Business to Business) International Exhibition
from 2-5 July 2022 at Pragati Maidan, New Delhi today, Anil Agrawal
said that in his address in “Mann ki Baat” in August 2020, Prime
Minister had given a clarion call on “Rebranding the Indian Toy Story”
and emphasized on the availability of right kind of toys for children,
using toys as a learning resource, designing of toys based on Indian
value system, Indian history, and culture to strengthen domestic
designing and position India as a global manufacturing hub for toys. He
said the industry had benefitted from a number of interventions by the
government and results show the success of Make in India programme.
He
added that the imports were mainly restricted to some components of the
toys.
Interventions by the government for the Toy Sector.
Directorate
General of Foreign Trade (DGFT) vide Notification No.33/2015-2020,
dated 02.12.2019 mandated sample testing of each consignment and no
permission for sale unless the quality testing is successful. In case of
failure, the consignment is either sent back or destroyed at the cost
of the importer.
-
- Basic Custom Duty (BCD) on Toys-HS Code-9503 has been increased from 20% to 60% in February, 2020.
- The
Government issued Toys (Quality Control) Order, 2020 on 25/02/2020
through which toys have been brought under compulsory Bureau of Indian
Standards (BIS) certification with effect from 01/01/2021. As per the
Quality Control Order (QCO), every toy shall conform to the requirements
of relevant Indian Standard and bear the Standard Mark under a licence
from BIS as per Scheme-I of BIS (Conformity Assessment) Regulations,
2018. This QCO is applicable to both domestic manufacturers as well as
foreign manufacturers who intend to export their toys to India.
- QCO
on Toys was amended on 11.12.2020 to exempt goods and articles
manufactured and sold by artisans registered with Development
Commissioner (M/o Textile) and also by registered proprietor and
authorized users of a product registered as Geographical Indication by
the Office of Controller General of Patents, Designs and Trademarks
(CGPDTM).
- BIS
made special provisions on 17.12.2020 so as to grant license to micro
scale units manufacturing toys without testing facility for one year and
not to insist on establishing in-house facility.
- BIS
has granted 843 licenses to domestic manufacturers from safety of toys,
out of these, 645 licenses have been granted for non-electric toys and
198 licenses granted for electric toys. In addition to this, 6 licenses
have been granted to international toy manufacturers.
All
the 96 exhibitors have showcased the diverse product category ranging
from traditional plush toys, construction equipment toys, dolls,
building block toys, board games, puzzles, electronic toys, educational
toys, ride-ons, etc.
All the toys products were ‘Made In India’ product
manufactured domestically by small, medium and large enterprises. The
Toys bearing GI tag such as Chennapatna, Varanasi etc. are also being
displayed.
The exhibition is showcasing toys based on Indian ethos &
value system duly endorsing ‘Vocal for Local’ theme. Each toy category
has affordable and high-end versions. This is a major shift from the
12th edition of the exhibition held in 2019, wherein of 116 stalls, 90
stalls exhibited only imported toys.
This exhibition witnessed a
footfall of over 3,000 visitors from India and international buyers’
delegation from Saudi Arabia, UAE, Bhutan, USA etc.