To me this doesn't look anything like the original from India nor do I see it being worthwhile to reproduce.
The description is very contradictory. It says they were released in U.S. in 1985 and later says exclusive to India.
The figure looks good for supposedly being funskool. Oddly enough, I think this may be worth more than a legitimate version just because the original doesn't seem to be worth hardly anything (from what I can remember, I don't collect funskool).
There are more of these available from this seller. They look very new and different to me. Did I miss something?