Kokuyo Camlin
Indian stationery, writing-instruments, and art-materials manufacturer operating under the Kokuyo group.
Last updated August 22, 2026
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Overview
Kokuyo Camlin Ltd. is an Indian manufacturer and marketer of stationery, writing instruments, art materials, and selected office products. The business traces its origins to 1931, when brothers D. P. Dandekar and G. P. Dandekar began operations as Dandekar & Co. with Horse Brand ink powders and tablets. The company soon developed Camel ink for fountain pens, establishing the product heritage that later became associated with the Camlin name. The company was incorporated as a private company in 1946 and became a public limited company in 1998. Over time, its portfolio expanded beyond inks into school and office stationery, drawing and painting supplies, writing instruments, and other products used by students, artists, households, and businesses. Camlin became particularly associated with products such as inks, pencils, crayons, colour materials, markers, geometry and school supplies, and art-related consumables. A major turning point came in 2011, when Kokuyo Co., Ltd., a Japanese stationery and office-products group, acquired a 50.74% stake in Camlin for ₹366 crore. The transaction made Kokuyo the controlling shareholder while preserving the established Camlin business and its Indian market presence. Dilip Dandekar continued as chairman and managing director following the transaction. The partnership also created a route for Kokuyo products, especially paper and office-stationery products, to enter the Indian market, while giving Camlin an opportunity to develop exports. Kokuyo Camlin therefore combines an Indian consumer-facing stationery heritage with the ownership and international relationships of Kokuyo. Its business scope covers art materials, writing implements, school stationery, and office goods, with the Camlin name remaining central to its Indian brand identity and Kokuyo products adding a broader office and paper-products dimension. The company is headquartered in Mumbai and is publicly listed in India. Available reference material identifies it as an operating company, although detailed current information on its leadership, product architecture, international distribution, and recent financial performance is not provided here.
History
Kokuyo Camlin originated in 1931 as Dandekar & Co., founded by brothers D. P. Dandekar and G. P. Dandekar. Its first products were Horse Brand ink powders and tablets. The business soon began producing Camel ink for fountain pens, creating the foundation for a stationery brand that would later become widely identified with writing and art products in India. In 1946, the enterprise was incorporated as a private company. This formalization supported the development of a broader manufacturing and distribution business. Over the following decades, the company expanded beyond fountain-pen ink into products for schools, offices, artists, and general consumers. Its portfolio came to include writing instruments, pencils, crayons, markers, paints, drawing materials, and office and school stationery. The company became a public limited company in 1998. Public-company status marked a further stage in the institutional development of the business and enabled it to operate as a listed Indian stationery manufacturer. The Camlin name continued to serve as the principal consumer-facing identity for many of its products. The most consequential ownership change occurred in 2011. Kokuyo Co., Ltd., a Japanese manufacturer of stationery, office furniture, and office equipment, acquired a 50.74% interest in Camlin for ₹366 crore through Kokuyo S&T Co., Ltd. The transaction made Kokuyo the controlling shareholder of the Indian company. Dilip Dandekar continued as chairman and managing director after the deal. The acquisition connected Camlin's Indian manufacturing and distribution capabilities with Kokuyo's international stationery and office-products business. One stated objective was to facilitate the introduction of Kokuyo products, particularly paper and office stationery, into India. At the same time, Camlin was expected to pursue greater export activity. The resulting company retained its Indian stationery heritage while operating within the broader Kokuyo group. Kokuyo Camlin's documented business scope includes art materials, writing implements, and office goods. Its historical significance lies in the transition from a domestic ink producer to a diversified stationery and art-materials company, followed by integration with a major Japanese stationery group. Public reference material supplied for this entry does not establish a complete current list of manufacturing sites, distribution territories, senior executives, recent product launches, or financial results, so those areas remain limited here.
- 2011
Kokuyo takes a controlling stake
[1]Kokuyo acquires 50.74% of Camlin for ₹366 crore, creating the Kokuyo Camlin ownership structure.
- 1998
Becomes a public limited company
[1]Camlin changes its corporate form to a public limited company.
- 1946
Incorporated as a private company
[1]The business is incorporated as a private company as it develops beyond its original ink operations.
- 1931
Dandekar & Co. begins operations
[1]D. P. Dandekar and G. P. Dandekar establish the business and begin selling Horse Brand ink powders and tablets.
- 1931
Camel ink enters the portfolio
[1]The company begins producing Camel ink for fountain pens, establishing an enduring product and brand association.
Products and positioning
An established Indian stationery and art-materials company combining the trusted Camlin consumer brand with Kokuyo's Japanese stationery and office-products portfolio.
Writing supplies · 1931
Camlin inks
Ink is the historical foundation of the company. The business began with Horse Brand ink powders and tablets and soon introduced Camel ink for fountain pens. Although the company later diversified substantially, ink products remain important to the story of the Camlin name and its connection with traditional writing instruments.
Writing instruments
Camlin writing instruments
The writing-instruments category includes products associated with everyday school, household, and office writing. It developed from the company's early ink heritage and forms one of the central parts of the Camlin stationery portfolio.
Art supplies
Camlin art materials
Camlin's art-materials business covers supplies used for drawing, colouring, and painting. The category includes colour materials and related products serving students, hobbyists, and artists, and is a major part of the company's identity alongside general stationery.
School and art stationery
Camlin pencils, crayons, and markers
Pencils, crayons, and markers extend the Camlin range across school stationery and creative-use products. These formats support writing, sketching, colouring, and classroom activities, linking the brand's stationery and art-materials segments.
Office stationery · 2011
Kokuyo office and paper stationery
After Kokuyo became the controlling shareholder, the company was positioned to introduce Kokuyo products, particularly paper and office stationery, into India. These products broaden the business beyond Camlin's traditional art and writing categories.
Brand decisions
2011
Kokuyo acquires a controlling interest in CamlinM&ABackground
Kokuyo sought a route into the Indian stationery market, while Camlin had an established domestic brand and distribution presence and aimed to expand exports.
Action taken
Kokuyo S&T Co., Ltd., a wholly owned Kokuyo subsidiary, acquired 50.74% of Camlin for ₹366 crore.
Aftermath
Camlin became part of the Kokuyo group, Kokuyo products were positioned for introduction into India, and Dilip Dandekar continued as chairman and managing director after the transaction.
Acquisition consideration. ₹366 crore (2011 transaction)
Sources1 sources
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