Mumbai : K A Shabir, CEO, Funskool, India’s leading Toy Manufacturer says, “We are happy that our efforts are paying off well. While the proposed Trump tariffs could result in significant price hikes in the US—potentially impacting toy demand—India remains competitively positioned. Its tariffs are relatively lower than those of key toy manufacturing countries in Southeast Asia. With bilateral trade discussions underway between India and the US, the outlook remains optimistic for India’s role as a preferred sourcing destination. With expanded capacity at our Ranipet facility and further scale-up plans on the horizon, Funskool is well-positioned to capitalize on new and emerging global opportunities.”
Funskool recorded a strong year (2024-2025), achieving 20% revenue growth over the previous year, driven by a 30% increase in exports.
As per the All-India Export Data released by Directorate General of Commercial Intelligence and Statistics (DGCI&S), Funskool India has contributed approximately 15-16% of India’s total toy exports, with 40% of its exports going to the US market in the first six months of FY 2024-25.