Quality control order is one of the ways to stop flow of cheap sub-standard toys into the domestic market.
A source said that the country has low share in the international toys industry and India's exports account for less than 0.5 per cent of global demand, so there are immense opportunities in this segment.
The other areas which could be considered for the sector include promotion of research and development and design centres for toys.
"Boosting manufacturing would also help increase exports of toys from India. Countries like China and Vietnam are major players in the sector," they added.
India's toy exports are limited to about $100 million.
The toys industry in India is primarily in the unorganised sector, comprising about 4,000 small and medium enterprises.
About 85 per cent of toys are imported in the country, with maximum coming from China. It is followed by Sri Lanka, Malaysia, Germany, Hong Kong and the US.
Prime Minister Narendra Modi had said that India has talent and ability to become a toy hub for the entire world and called upon startups to work towards realising this potential while being "vocal about local toys".
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