Lucro is a Wohlenberg product specially designed to provide the state-of-art binding process with ruggedness needed in markets like India. Wohlenberg will be manufacturing this brand in India along with Welbound Worldwide.

The two companies had announced a tie-up a few days before Drupa 2012.

Chittaranjan Chowdhary, the managing director of CDC was at Drupa to put final touches to the deal. He had earlier visited the Welbound factory at Trivandrum to see the machine in action.

He said, "I could see government textbooks, with not-so-great quality paper and cover stock being bound to perfection, on a pallet of more than 4,500 books per hour. The machine has a smaller foot print and is very energy efficient. The special vacuum technology used by Wohlenberg ensures difficult signatures being gathered, efficiently.The Wohlenberg-Welbound team will deliver the technology and support needed in this segment. For a start up like this, it is very important."

The contract was signed in the presence of Dr Michael Euler of Wohlenberg and P Sajith of Welbound.