Hotline: 1800 102 2007
Hotline: 1800 102 2007
Oct, 06 2009

Nikon flashes bigger pie

Nikon India Pvt Ltd plans to add 400 franchised outlets by the end of this fiscal, so that the total number of outlets goes up to 1200.

Nikon flashes bigger pie

Nikon India Pvt Ltd plans to add 400 franchised outlets by the end of this fiscal, so that the total number of outlets goes up to 1200. The company is targeting at 35 per cent growth in turnover in 2009 as compared with 2008. This can be achieved by expansion of dealership network and launching of camera models, as the Indian market is relatively stable in the face of economic downturn.

The company plans to increase its India market share of SLR cameras to 45 per cent by 2010 from 37 per cent this year. The market share for compact cameras is also likely to increase to 10 per cent from 8 per cent.

The industry registered 40 per cent growth in 2008 as the market was relatively less hit by the economic downturn. China, with a share of 9 per cent of global sales, was the only other market that registered high growth this year. The company has launched four models of SLRs and eight compact cameras this year and plans to launch four in the compact category by December. Nikon also plans to launch a camera with projector facility soon.

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • Grocery Stores
    Welcome to  Everyday Supermarket Franchise Overview Our Products: Starting from the see..
    Locations looking for expansion HARYANA
    Establishment year 2015
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater GURGAON HARYANA
  • Fine Dine Restaurants
    About Us: Established in 1931, Kake-Da-Hotel (K-D-H) is a heritage hotel,..
    Locations looking for expansion Haryana
    Establishment year 1950
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Faridabad Haryana
  • Finance Advisors & Brokers
    Why partner with IIFL? IIFL is one of the leading player in the broking..
    Locations looking for expansion maharashtra
    Establishment year 1998
    Franchising Launch Date 1998
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type MultiUnit
    Headquater mumbai maharashtra
  • Bike Showroom
    About Us: CREDR is India's largest integrated eco system forused/ second..
    Locations looking for expansion New Delhi
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
Entrepreneur
Magazine
sme-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities