Some positive development after a long while;
Linc Limited and Mitsubishi Pencil Company announce a strategic joint venture in India to introduce advanced Japanese technology for high-quality, affordable writing instruments tailored for the Indian market. Mitsubishi will hold a 51% stake, leveraging Linc’s strong sales and distribution expertise. The JV aims to revolutionize the writing instruments industry in India and globally.
Key Highlights are:
- Mitsubishi Pencil Company will bring advanced Japanese technology, driving product
quality and innovation. - Linc Limited, with over 30 years of exclusively distributing Mitsubishi’s ‘Uni’ and ‘Uniball’
pens, will leverage its strong sales and distribution expertise across India. - The JV will combine Japanese technological innovation with local production efficiencies to
offer high-quality, affordable writing instruments. - The JV will also serve as a platform for exporting products to international markets served
by both Mitsubishi and Linc. - Mitsubishi Pencil Company will hold a 51% stake in the JV, while Linc Limited will hold 49%.
Also LINC has formed Joint venture for manufacturing of Writing Instruments in Turkiye and its distribution and sale in Turkiye and nearby countries.
It shows company is focusing on export market where margins are usually higher than domestic market.
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