Brother Intl to invest Rs 40cr; will increase product portfolio

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New Delhi, Feb 19 (UNI) Leading producer of laser and inkjet devices Brother International Ltd today said that it will invest up to Rs 40 crore over the next three years to increase its product catalogue and focus on channel expansion and brand presence.

''We have already invested over Rs 16 crore and will invest up to Rs 40 crore over the next three years to increase our product catalogue and focus on channel expansion and brand presence,'' a company statement said.

The company also unveiled its new corporate logo, which comes at a time when it is also celebrating its centennial year.

''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,'' it added.

UNI SR PDT BD1848

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