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.

Next Story
Infrastructure Urban

Aadhaar Authentications Cross 27 Billion in FY25

Aadhaar authentication transactions surged past 27.07 billion in FY 2024–25, including 2.47 billion in March alone, reflecting its growing adoption across sectors such as banking, finance, telecom, and public service delivery. Since its inception, the cumulative number of Aadhaar authentication transactions has exceeded 148 billion.The Unique Identification Authority of India’s (UIDAI) AI/ML-based face authentication technology is also witnessing a sharp rise in usage. In March 2025 alone, over 150 million face authentication transactions were recorded. This biometric modality is now used ..

Next Story
Infrastructure Urban

IEPFA Holds Preparatory Meet for 'Niveshak Shivir' Initiative

The Investor Education and Protection Fund Authority (IEPFA), under the Ministry of Corporate Affairs, Government of India, hosted a preparatory meeting on April 28, 2025, with Nodal Officers from stakeholder companies via video conference. The session, chaired by IEPFA CEO Smt. Anita Shah Akella, focused on finalising operational plans for the upcoming ""Niveshak Shivir"" initiative—a joint effort between IEPFA and the Securities and Exchange Board of India (SEBI).""Niveshak Shivir"" aims to improve investor services and streamline the claims process by reaching out to cities with a high nu..

Next Story
Infrastructure Urban

India, France Sign Deal for 26 Rafale-Marine Jets for Navy

India and France have signed an Inter-Governmental Agreement (IGA) for the acquisition of 26 Rafale-Marine aircraft for the Indian Navy, comprising 22 single-seater and four twin-seater jets. The deal also includes training systems, simulators, associated equipment, weapons, and performance-based logistics, along with additional equipment for the Indian Air Force’s existing Rafale fleet.The IGA was signed by India’s Defence Minister Rajnath Singh and French Minister of Armed Forces Sébastien Lecornu. The agreement, along with supply protocols for aircraft and weapons, was exchanged in the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?