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Mitsubishi Pencil to increase stake in Linc Pens

30 Nov 2012 Evaluate

Mitsubishi, Japan's largest writing instrument maker - Mitsubishi Pencil, has decided to increase its stake in its Indian partner, Linc Pens from a little over 13% that it bought early this year. Mitsubishi has taken this decision as it identified India as its main growth market, while Europe and the US are slowing.

Linc is one of the top three writing instrument maker in India. Mitsubishi, which sells its pens under the Uni brand, plans to start local production in the country in next 6-12 months. It will initially use the Linc Pen facilities for production but may later set up its own factory.

Linc Share Price

100.66 0.97 (0.97%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
DOMS Industries 2388.65
Flair Writing Indu. 333.80
Kokuyo Camlin 89.53
Linc 100.66
Sundaram Multi Pap 1.45
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