Funskool expands factories in India

17 Apr 2024 CW Team

The upgraded facilities in both Unit 1 and Unit 2 represent a substantial investment in Funskool's production capabilities. In addition to the 2 units at Ranipet, Funskool also has 162664 square feet of manufacturing space in its first plant at Goa.

Arun Mammen, Chairman of Funskool India and Vice Chairman & Managing Director of MRF Limited., remarked while inaugurating the upgraded facilities at both the Ranipet plants on Friday 12th April 2024, ?Funskool India has experienced remarkable growth over the years. With this expansion, we solidify our position as a leader in India?s toy industry and move closer to our goal of transforming India into a global hub for toy manufacturing.?

R Jeswant, CEO of Funskool India Ltd., added, "Our commitment to the 'Make in India' initiative is stronger than ever. This expansion not only meets the Manufacturing needs of rising domestic demand but Exports as well.

In addition to increasing capacity, Funskool's expansion allows for the production of a wider range of toys, including both plastic and wooden varieties. A dedicated wing within the expanded campus has started focussing on the manufacturing of wooden toys, aligning with Funskool? s strategic growth objectives.

K A Shabir, Vice President of Manufacturing & International Division., noted "The expansion was driven by a significant increase in export demand, with sizable growth over the previous year. "Funskool is now a preferred OEM supplier for international brands who view India as a reliable sourcing destination. Also, Funskool's own brands are now being exported to over 35 countries."

Highlighting the company's commitment to social responsibility, the workforce at the Ranipet plants comprises 80% women reinforcing Funskool's dedication to empowering women and their critical role in national development.

Moreover, both factories in Ranipet utilize solar energy for running the plants, underscoring Funskool's commitment to sustainability. Funskool recognises the importance of sustainability and other practices in promoting fair dealing, ensuring health & safety and managing environmental impact in all operations.

Funskool has consistently been expanding its product portfolio through its homegrown brands such as Giggles, Fundough, Handycrafts, Games and Play&Learn, apart from numerous tie-ups with international toy manufacturing giants.

Funskool India, India's leading toy manufacturer, is proud to announce a significant expansion of its facilities in Ranipet, Tamil Nadu. This expansion includes an addition of 163,000 square feet to its existing premises, effectively doubling the Company's manufacturing capacity. The upgraded facilities in both Unit 1 and Unit 2 represent a substantial investment in Funskool's production capabilities. In addition to the 2 units at Ranipet, Funskool also has 162664 square feet of manufacturing space in its first plant at Goa. Arun Mammen, Chairman of Funskool India and Vice Chairman & Managing Director of MRF Limited., remarked while inaugurating the upgraded facilities at both the Ranipet plants on Friday 12th April 2024, ?Funskool India has experienced remarkable growth over the years. With this expansion, we solidify our position as a leader in India?s toy industry and move closer to our goal of transforming India into a global hub for toy manufacturing.? R Jeswant, CEO of Funskool India Ltd., added, Our commitment to the 'Make in India' initiative is stronger than ever. This expansion not only meets the Manufacturing needs of rising domestic demand but Exports as well. In addition to increasing capacity, Funskool's expansion allows for the production of a wider range of toys, including both plastic and wooden varieties. A dedicated wing within the expanded campus has started focussing on the manufacturing of wooden toys, aligning with Funskool? s strategic growth objectives. K A Shabir, Vice President of Manufacturing & International Division., noted The expansion was driven by a significant increase in export demand, with sizable growth over the previous year. Funskool is now a preferred OEM supplier for international brands who view India as a reliable sourcing destination. Also, Funskool's own brands are now being exported to over 35 countries. Highlighting the company's commitment to social responsibility, the workforce at the Ranipet plants comprises 80% women reinforcing Funskool's dedication to empowering women and their critical role in national development. Moreover, both factories in Ranipet utilize solar energy for running the plants, underscoring Funskool's commitment to sustainability. Funskool recognises the importance of sustainability and other practices in promoting fair dealing, ensuring health & safety and managing environmental impact in all operations. Funskool has consistently been expanding its product portfolio through its homegrown brands such as Giggles, Fundough, Handycrafts, Games and Play&Learn, apart from numerous tie-ups with international toy manufacturing giants.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..