New Delhi: Indore-based leading candy toys manufacturers Candytoy Corporate (CTC) have entered into a partnership with Reliance Retail to supply confectionery toys for 1400 Reliance Retail stores said a top company official. CTC is a global manufacturer of promotional toys and confectionary items through its five plants and 11 contract manufacturers supplying to 40 countries across three continents. Candytoy Corporate entered into an agreement with Reliance Retail a few weeks back said Founder Director Gaurav Mirchandani. We already have a purchase order for more than 15 outlets right now which is live and 200 outlets will be live by the end of Diwali and 1400 outlets will be live by the end of this financial year said Mirchandani while talking to news agency PTI. When asked about the order size he said it would have a run rate of Rs two crore per month from Reliance Retail 200 stores and this would be scaled to Rs 4 to 4.5 crore per month by the end of this fiscal. We have more than 75 SKUs in the sweets and savoury flavours category of the candy which we are providing to Reliance Retail he said. Candytoy Corporate is valued at nearly Rs 1000 crore. It is supplying to other retailers globally in 40 countries. About the revenue Mirchandani said We expect to close this fiscal between Rs 260 to 280 crore. Next fiscal we expect closing at Rs 400 crore to 450 crore. CTC manufactures candy toys for many companies including Colgate Palmolive Puma MTR Bournvita Yellow Diamonds Vistara Airlines and AirAsia among others. We already have the purchase orders so to deploy those orders we need some time for the opening of the new moulds opening up of new facilities and stuff like that. So thats why the result will be visible in the next financial year he added. On the IPO he said In the next two years after the closing of the financial year 2026-27 we will explore the possibilities of going public. Overall CTC manufacturers in India make promotional toys Candy Toys Barbie dolls electronic toys DIY Toys LED Toys Musical Toys Prank Toys Sticky Toys etc.