The story
Camlin was established in 1931 by D. P. Dandekar and his brother G. P. Dandekar starting operations as "Dandekar & Co." with "Horse Brand" Ink powders and tablets in 1931, and shortly started producing "Camel ink" for fountain pens. It was incorporated as a private company in 1946, and then turned into a public limited company in 1998.
In 2011, Japanese stationery major, "Kokuyo Co. Ltd", acquired a 50.74% stake in Camlin 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.
From Wikipedia’s article on Kokuyo Camlin, shared under CC BY-SA 4.0.4