Sensex

up-green-arrow

Nifty

up-green-arrow

USDINR

down-red-arrow

GBPINR

down-red-arrow

EURINR

down-red-arrow

Economy News
Close

News on Indian Economy and Sectors, which have impacts in the market.

 
India's Toy Exports to Gain Momentum as UK, EU FTAs Unlock Zero-Duty Market Access
03-Jul-26 17:40Hrs IST

India's toy industry is set to witness a major export boost following the finalisation of free trade agreements (FTAs) with the UK and the European Union. The agreements will provide Indian toys with zero-duty access to these markets, where imports currently attract duties of around 5-6%. According to industry officials, the UK and EU together account for nearly 16% of India's toy exports, which stood at Rs. 2,928.87 crore (US$ 0.35 billion) in 2024. The India-UK trade agreement is scheduled to come into force on July 15, 2026, while the India-EU agreement is expected to be signed by December 2026 and implemented next year. Industry leaders believe these agreements will substantially improve the global competitiveness of Indian toy manufacturers and unlock significant export opportunities by reducing trade barriers and expanding market access.

Powered by Capital Market - Live News

Attention Investor :

"Prevent unauthorised transactions in your account ; Update your mobile numbers/email IDs with Us. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day” - Issued in the interest of Investors"

"KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary."

"No need to issue cheques by investors while subscribing to Equity IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."

"Contents which are exclusively for Non-Broking Products/Services, "Mutual Fund, Mutual Fund-SIP, Research reports, Insurance, etc. where the Member is just a distributor. These are not Exchange traded product and the Member is just acting as distributor. It should also state that all disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism."

A Muthoot M George Enterprise