Konica Minolta aims at Rs 500 cr turnover by 2015-16

Last Updated: Monday, September 30, 2013 - 19:47

New Delhi: Eyeing a bigger share in the Indian market, Japanese digital imaging firm Konica Minolta today said it is aiming at Rs 500 crore turnover by 2015-16 fiscal, betting on rising demand for office printers.

"We clocked revenues of Rs 228 crore last year. We are aiming for Rs 500 crore turnover by 2015-16," Konica Minolta Executive GM (marketing) V Balakrishnan said here.

Konica Minolta has over 30,000 multi-function printing machines installed in business organisations and 1,400 high end production printing machines.

Balakrishnan said the company enjoys a market share of 45 per cent in the production printing market and its objective is to sustain this momentum and continue holding the leadership position in coming time.

"We would like to strengthen our presence further more in India and can do so by sharpening our focus on partner centric activities and enable them to meet customer expectations," he added.

This year, it entered the retail space with the launch of printers in the price range of Rs 5,000-30,000.

PTI

First Published: Monday, September 30, 2013 - 19:47

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