Funskool India Eyes $45 Million Revenue Amid Global Trade Shifts

Toy manufacturer Funskool India Ltd aims for a revenue target of USD 40-45 million by leveraging global trade changes and increasing its manufacturing capacity. With a significant contribution to India's toy exports and strategic plans, Funskool continues to support the 'Make in India' initiative.

Toy manufacturer Funskool India Ltd has set an ambitious revenue goal of $40-45 million for the current financial year, driven by shifts in global trade dynamics and a surge in preference for Indian-made products, according to a company announcement.

The company reported a robust 20% growth in FY2024–25 revenue. CEO K A Shabir emphasized Funskool's vital role in the 'Make in India' initiative, enhancing global partnerships to establish itself as a premium toy manufacturer in the international supply chain.

Funskool accounts for nearly 20% of India's toy exports, with the U.S. being a major market. Following a doubling of its production capacity last year, Funskool plans further expansions in Ranipet and Goa and continues to grow its brand portfolio with lines like Giggles and Fundough.

(With inputs from agencies.)