I used the sample code on the FreeType Documentation Page (PART-1). To run the code, when I used the libraries from GTK+ bundle, my output was perfect.
However, when I created freetype.lib myself from the downloaded source code and used it, the output showed a blank screen.
To ensure that there was no version mismatch, I checked from the GTK website (
http://www.gtk.org/download/win32.php) and found that GTK+ bundle currently uses freetype 2.4.2 version. Hence, I used that version of freetype to build the freetype.lib. But, I still face the same issue.