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Mumbai, Feb. 19

Imaging products manufacturer Brother International (India) Pvt. Ltd will invest up to Rs 40 crore over the next three years to increase its product catalogue, and to focus on channel expansion and brand presence. “India has always been a promising market for Brother. Our new investment is also a significant endorsement of India as an emerging star performer in our overall plans,” said Mr Toshikatzu Koike, President and Representative Director, Brother Internat ional. This is the second round of investment for Brother as it had earlier invested about Rs 16 crore in India, a company news release said.

– Our Bureau

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