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Funskool

Funskool seeks to transform India into global hub for toy manufacturing

Toy manufacturer Funskool India, part of tyre major MRF Group, has taken up expansion at its manufacturing facilities in Tamil Nadu to make India a global hub for toy manufacturing. The expansion work at its premises in Ranipet, would effectively double the manufacturing capacities. The upgraded facilities in both Unit 1 and 2 of the manufacturing facilities represent a substantial investment in Funskool's production capabilities, a company statement here said on Wednesday. "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" Funskool India Ltd Chairman Arun Mammen said after inaugurating the upgraded facilities. Besides the two units at Ranipet, Funskool India has 1.62 lakh sq ft of manufacturing space at its first plant in Goa. "Our commitment to the Make in India initiative is stronger than ever

Funskool seeks to transform India into global hub for toy manufacturing
Updated On : 17 Apr 2024 | 5:06 PM IST

Fun and learning: How technology, tradition changed India's toy story

What to keep in mind when you ask your children to pick what they want to play with

Fun and learning: How technology, tradition changed India's toy story
Updated On : 05 Aug 2022 | 8:58 PM IST

Funskool acquires licence to make Chhota Bheem, other characters

Toy manufacturer Funskool India on Thursday said it has acquired the licence to manufacture and distribute cartoon character Chhota Bheem and seven other action figures

Funskool acquires licence to make Chhota Bheem, other characters
Updated On : 15 Jul 2022 | 2:39 AM IST

Funskool resets the playground, targets millennial parents with new brands

The MRF-owned toy company is targeting millennial parents with new international brands and a fresh retail and marketing thrust

Funskool resets the playground, targets millennial parents with new brands
Updated On : 13 Jan 2020 | 10:30 PM IST

How does Funskool keep itself relevant in the age of digital gaming

The toy major adopts a differentiated retail strategy for metros and small towns, pitches itself as a lifestyle choice and an antidote to digital addiction

How does Funskool keep itself relevant in the age of digital gaming
Updated On : 30 Apr 2019 | 4:08 PM IST

Funskool looks at expanding market to Latin America, other markets

Funskool, a toy manufacturing company and part of MRF LKd, is looking at expanding its presence to the Latin American and the erstwhile USSR market to increase its exports. The company, which is expected to clock in a revenue of Rs 220 crore this year, is also looking at acquisitions in the international market with the help of KPMG. At present, around 20 per cent of its business is from exports and going forward, it is looking at a 50 per cent growth in exports during a year. It is currently exporting toys to Europe, UK, US and Australia. "We are looking at entering into Latin American countries and many of the erstwhile USSR countries. In USSR region we have already started our work by appointing a distributor and will start exports soon," said K John Baby, chief executive officer, Funskool (India) Ltd. Indonesia, Vietnam, Thailand and many of the African countries are less penetrated, but the market is not big. Thailand is estimated as one of the largest market, but it is close to .

Funskool looks at expanding market to Latin America, other markets
Updated On : 25 Feb 2017 | 6:37 PM IST