Stationery manufacturer Camlin plans to expand its product portfolio mainly in art, writing equipment and stationary segments through the Japanese company Kokuyo Co which recently bought a majority stake in the company.
"It's too early to comment as we are still in the process of understanding each other's companies and markets. However, we want to strengthen our paper stationary business through Kokuyo Co," Camlin Chairman and Managing Director Dilip Dandekar said on the sidelines of an event here.
Camlin will strengthen its overseas footprints through Kokuyo Co and also expand its product portfolio in art and writing equipments in foreign markets, he said.
Kokuyo bought 50.3% stake in Camlin for Rs 366 crore recently.