Toy industry in the State is now worth around ₹1,000 crore

December witnessed two significant developments — one involving Funskool, the Chennai-headquartered toy manufacturer, and the other emerging from the temple town of Madurai. Funskool announced its foray into the electronic toys segment with the launch of a new product range, while Madurai-based Rigwheels, which began operations in 2024, unveiled its debut product — the Vande Bharat toy train