Funskool eyes ₹400 crore turnover amid China dependence

Funskool eyes ₹400 crore turnover amid China dependence left K. A. Shabir, chief executive officer of Funskool India The Hindu The Hindu https://th-i.thgim.com/public/incoming/ku14u6/article71592543.ece/alternates/FREE_1200/IMG_K.A._Shabir__CEO__Fu_2_1_6OGLVIEA.jpg cueapi China dependence, short product cycles and labour attrition pose hurdles to scaling toy manufacturing; Funskool plans a Ranipet and Goa expansion, explores automation and seeks to strengthen its manufacturing capabilities Chennai Funskool India is targeting turnover of over ₹400 crore in FY27, banking on international partnerships and manufacturing expansion, even as India’s toy industry grapples with dependence on China for specialised tooling and electronic components. The company expects to close FY27 with revenue of ₹380-400 crore, against its budget of ₹350 crore, said K. A. Shabir, chief executive officer of Funskool India. It recorded around ₹250 crore in the first half. New projects awarded in September could help it cross ₹400 crore, provided production begins in January, he said.