Playing it right
ET Polymers|December 2020 - January 2021
The industry is just evolving in India and the recent focus on promoting domestic manufacture of toys will go a long way in faster development of the market in India, says R. Jeswant, CEO, Funskool India
Niranjan Mudholkar
Playing it right

While you have recently taken charge as the CEO of Funskool India, you have been associated with the organization for almost two decades. How would you briefly analyse the evolution of Funskool in the last twenty years?

We have been operating since 1987. We started off as a joint venture with Hasbro Inc., a US multinational, and remained so for nearly thirty years. We continue to represent several toy majors but over the last few years, we have also successfully built many brands of our own. Our export business has also grown exponentially and while emerging as a major sourcing destination for many international companies we have also simultaneously been successful in establishing a presence for our own brands in several markets outside India as well.

What have been your priorities, after taking charge as the CEO? It must have been quite challenging to take up this responsibility at a disruptive time like we are going through right now!

Yes, it has been quite a challenge! With a complete lockdown in April and almost the whole of May, our peak selling summer vacation period ended up as a total washout! However, our team has successfully emerged out of the extremely trying period thanks basically to the exports business which has remained quite robust since June. The domestic business to has been picking up. From a disastrous start to the financial year, we can proudly say that the business is now firmly back on track! The experience gained in fighting the odds should be valuable for our team in the future.

How did Funskool deal with the Covid-19 pandemic and what kind of key learnings are you taking ahead from the same?

Esta historia es de la edición December 2020 - January 2021 de ET Polymers.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 2020 - January 2021 de ET Polymers.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE ET POLYMERSVer todo
The Changing Face Of Mobility
ET Polymers

The Changing Face Of Mobility

A brief look at the salient points on how plastics is transforming automotive manufacturing

time-read
6 minutos  |
Aug-Sept 2021
Nippon Launches Weatherbond PRO
ET Polymers

Nippon Launches Weatherbond PRO

Nippon Paint (India) Private Limited (Decorative Division) Asia’s leading paint manufacturer launched the advertising campaign for Weatherbond PRO – the high durable exterior emulsion offering up to 15 years of protection against extreme climate conditions like prolonged exposure to heat, and heavy spells of rain. Based on extensive research done by Nippon Paint’s R&D team, this product was developed for customers who need advance protection for their home exteriors in terms of extended fresh look, strong waterproofing and protection from Algal and Fungal attacks.

time-read
1 min  |
Aug-Sept 2021
Low-Pressure Molding Adopted Across Industries
ET Polymers

Low-Pressure Molding Adopted Across Industries

Henkel’s Technomelt Low-Pressure Molding technology meets demands for encapsulation of electronics and medical components

time-read
4 minutos  |
Aug-Sept 2021
TotalEnergies and Jindal Films To introduce Certified Circular Polypropylene
ET Polymers

TotalEnergies and Jindal Films To introduce Certified Circular Polypropylene

TotalEnergies and Jindal Films have joined forces to produce more sustainable flexible food packaging and labels. Using advanced recycling technology from Plastic Energy, TotalEnergies will supply Jindal Films with Certified Circular Polypropylene produced from postconsumer plastic waste. This new value-chain collaboration will divert plastic waste currently destined for incineration and landfill because it is too complex to recycle through existing schemes.

time-read
2 minutos  |
Aug-Sept 2021
Lenzing's VEOCEL™ Brand Launches Hydrophobic Lyocell Fibres With Dry Technology
ET Polymers

Lenzing's VEOCEL™ Brand Launches Hydrophobic Lyocell Fibres With Dry Technology

In its quest to drive greater sustainability in the personal care and hygiene industry, the VEOCEL™ brand has launched a new offering: VEOCEL™ branded lyocell fibres with dry technology which are naturally smooth and gentle on skin, ensuring comfort for sensitive skin. Absorbent hygiene products are an indispensable part of many consumers’ lives and are relied upon daily. As these are essential items, it is important that they should offer maximum comfort and relief to the user. This is demonstrated by the new VEOCEL™ branded lyocell fibres which have the capacity to provide a high level of comfort, softness and dryness, when applied in these types of products.

time-read
1 min  |
Aug-Sept 2021
Simulating Injection Molding for Efficiency
ET Polymers

Simulating Injection Molding for Efficiency

Producing high-quality, plastic injection-moulded parts more quickly and cost-effectively has become a critical factor for manufacturing success in today’s global market. Instead of engaging in slow, expensive prototype iterations and test cycles to satisfy manufacturing requirements, designers, mold makers, and manufacturing professionals can leverage SOLIDWORKS® Plastics mold-filling simulation software to optimise parts for manufacturability, refine tooling to improve quality and shorten cycle times to reduce manufacturing costs

time-read
10 minutos  |
Aug-Sept 2021
Leveraging 3D Printing for optimised Injection Molds
ET Polymers

Leveraging 3D Printing for optimised Injection Molds

A guideline from Formlabs on the factors to consider before using stereolithography (SLA) 3D printed molds in the injection molding process to lower costs, reduce lead times, and bring better products to market

time-read
8 minutos  |
Aug-Sept 2021
iglidur I151 for FDA-compliant, Detectable, Wear Resistant Parts In Food Technology
ET Polymers

iglidur I151 for FDA-compliant, Detectable, Wear Resistant Parts In Food Technology

igus has developed a blue, food-compatible tribo-filament for cost effective 3D printing of special parts. iglidur I151 is blue, prints easily, and has an optimal coefficient of friction and wear. The new tribo-filament is a refinement of the easy-to-machine igus iglidur I150 all-rounder filament. Because it is blue, it can be used to manufacture special parts that are optically detectable in the food industry. Food compatibility according to the FDA and to EU Regulation 10/2011 also qualifies the high-performance polymer for use in the food and cosmetics industries.

time-read
1 min  |
Aug-Sept 2021
Exceptional Warpage Control
ET Polymers

Exceptional Warpage Control

SABIC’s new LNP™ THERMOCOMP™ compounds deliver exceptional warpage control

time-read
5 minutos  |
Aug-Sept 2021
Digital Transformation in Plastics
ET Polymers

Digital Transformation in Plastics

Automation in the plastics industry is becoming more complex, the pace of innovation is accelerating, and competitive pressure is increasing. Open and safe automation makes it possible to combine traditional mechanical engineering with the latest Industry 4.0 technologies – Lets take a look at how Industry 4.0 is transforming the plastics sector

time-read
8 minutos  |
Aug-Sept 2021