India, April 25 -- Funskool India Limited, the country's leading toy manufacturer, has recorded over 20% year-on-year growth for the FY 2024-25. The company's long-term strategy of strengthening exports and contract manufacturing partnerships with global toy multinationals, while continuing to build a strong domestic brand presence, has proven highly successful. Notably, exports grew by nearly 30% compared to the previous year.

For the current fiscal, Funskool has set an ambitious target of achieving USD 40-45 million in revenue, capitalizing on the shifting global trade landscape and increasing preference for Indian manufacturing. Funskool now contributes close to 20% of India's total toy exports, with exports to the United States accou...