+
Funskool expands factories in India
ECONOMY & POLICY

Funskool expands factories in India

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.

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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code