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Mar, 02 2019

Canon India plans to continue its double-digit growth journey in 2019

The company witnessed a good growth of its business in the country in 2018 by reporting more than 10% growth.

Canon, Japanese imaging products maker, is planning to continue its double-digit growth journey in India in 2019 helped by its B2B and B2C verticals. The company witnessed a good growth of its business in the country in 2018 by reporting more than 10% growth.

Canon is further expanding its sales network in tier-III towns by strengthening its network through small kiosks. Apart from this, the company expects its medical imaging systems and security and surveillance camera products segment to contribute more as it is sensing good business opportunities.

Kazutada Kobayashi, President and Chief Executive Officer, Canon India, said, "In 2019, we are aiming for another double-digit growth. We have equal 50:50 proportion between B2B and B2C, and both are growing pretty healthy and we want to continue a good balance between both segments."

In order to expand its reach in the small towns, the imagining major is setting 'Canon Corners', mostly in shop-in-shop model for penetrating the small towns.

"In both offline and online, we have gradually started to go deeper into the market. The company is also expanding into the medical printing business, where pictures of CT scan or MRI, which are normally printing on films to be printed on papers," Kobayashi added.   

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