Union Minister Piyush Goyal Announces Task Force to Support Toy Sector, Targets 5% Global Market Share by 2032

Exam-focused facts from the 30 July 2026 current affairs briefing.

Key facts

Union Minister of Commerce and Industry Piyush Goyal announced the setting up of a task force to support the toy sector.
The task force targets achieving a 5% share in the global toy market by 2032.
The task force will focus on six core objectives: integration with global value chains, strengthening manufacturing capabilities, resolving value chain bottlenecks, creating a skilled workforce, enabling design and innovation, and enhancing ease of doing business.
The Toy Sector Playbook was launched as a comprehensive roadmap for manufacturers, startups, MSMEs, investors, and entrepreneurs.
The toy sector comprises over 21,000 MSMEs, over 770 DPIIT-recognized toy startups, nearly 50 toy clusters, and more than 1,800 BIS licensees.