Kokuyo Camlin Ltd., is an Indian stationery manufacturing company based in Mumbai.[4] The company shares profits with Kokuyo of Japan, which holds around 51% stake in Kokuyo Camlin.[5]
The company sells products related to art materials, writing implements and office goods.[4]
Camlin was established in 1931 by D. P. Dandekar and his brother G. P. Dandekar[6] starting operations as "Dandekar & Co." with "Horse Brand" Ink powders and tablets in 1931,[7]
In 2011, Japanese stationery major, "Kokuyo Co. Ltd", acquired a 50.74% stake in Camlin[8] for ₹366 crore. Dilip Dandekar continued as chairman and managing director of the company. The deal facilitated the entry of Kokuyo products, mainly paper and office stationery into the Indian market, while Camlin aimed to increase its exports to other countries.[5][9]
Kokuyo Co., Ltd. (コクヨ株式会社) is a Japanese manufacturing company of stationery, office furniture, and office equipment. Kokuyo was established in Japan, in 1905 by Zentaro Kuroda, as "Kuroda Ledger Cover Shop" that made covers for Japanese-style account ledgers (wacho).[7][11] In 1914, the company name changed to Kuroda Kokkodo, and the manufacture of accounting slips, invoices, duplicate copybooks, and letter paper began. The company began using the current name "Kokuyo Co., Ltd." in 1961.[11]
In May 2011, Kokuyo S&T Co., Ltd., a wholly owned subsidiary of Kokuyo, acquired a 50.74% stake in Camlin Ltd.[5]
