CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
Funskool fuels expansion, to transform India into global hub for toys production
Manufacturing - Apr 18,2024 -Toy manufacturer Funskool India has set off expansion at its manufacturing facilities in Tamil Nadu, moving closer to making India a global hub for toy manufacturing. With this, Funskool India would take up production of a wide range of toys including both plastic and wooden varieties. The expansion work at its premises in Ranipet, would double the manufacturing capacities.
The upgraded facilities in both Unit 1 and 2 of the manufacturing facilities is a strong investment in Funskool's production capabilities. Besides the two units at Ranipet, the company has 1.62 lakh sq. ft. of manufacturing space at its first plant in Goa. This expansion meets the manufacturing needs of rising domestic demand and exports as well.
A dedicated wing within the expanded campus is focused on the manufacturing of wooden toys, which is strategic to Funskool's growth objectives. The manufacturing facilities utilise solar energy, and ensure health, safety and managing environmental impact in all of its operations.
Recent News
◉ Sonalis Consumer Products Ltd signs MoU with Government of Maharashtra - Apr 21,2025◉ Pacific Group to develop mall and 130-key hotel in Jaipur - Apr 21,2025
◉ Accor expands with two new properties in Indore - Apr 21,2025
◉ Gadkari lays foundation stone of road widening project in Daringbadi - Apr 21,2025
◉ Toshiba to invest Rs 562 crore in Telangana for new manufacturing facility - Apr 21,2025
◉ Jonnagiri Gold Project ofGeomysore Services India Pvt Ltd secures Environmental Clearance - Apr 21,2025
◉ Sigachi Industries receives environmental clearance for greenfield facility in Dahej SEZ - Apr 21,2025