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JammuFunskool eyes global growth, expands factories in India

Funskool eyes global growth, expands factories in India

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N L Correspondent

Tawi: Funskool , 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 Ltd 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.”RJeswant, 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.”

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