Linc Pen and Plastics has decided to add some new products like notebooks to its product basket, in the next fiscal. Kolkata-based company is also planning to widen its distribution and retail footprint, especially in south and west Indian markets, to increase the margins.
The company has started studying the impacts of product diversification and a final report is likely to be presented to the Board of Directors around April this year. Further, the company is also expected to enter into contracts for third party manufacturing of its notebooks.
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.
