Canon India Unveils its ‘Vision 2025’

15th November 2018 | By Mouseworld Now Correspondent |

canon-logo09-09Gurugram, India, November 15, 2018: Leading imaging player Canon India today unveiled its vision for 2025. Present on the occasion were Hideki Ozawa, President, Canon Asia Marketing Group (CAMG) and Kazutada Kobayashi, President & CEO, Canon India. Canon India’s vision for 2025 charts out the company’s next phase of growth in the country.

India has become the second highest contributor to the company’s growth trajectory in Asia, after China. Stressing on innovation and customer delight, the imaging company has shared their target for Canon Asia to reach the 10 billion US$ mark by 2025. At present, CAMG has emerged to be amongst the best performing regions, with nearly 25% contribution to the company’s overall revenue in the region.

Canon India recorded a sales turnover of Rs 2,614 crore in the year 2017, marking a double digit growth of 11 per cent (including impact of GST). Sharing his vision, Hideki Ozawa, President, Canon Asia Marketing Group (CAMG) said he wants to see Canon India as the leading contributor for CAMG, by 2025.

With its extensive product portfolio, Canon has seen equal contribution from both B2B and B2C segments. Now it looks to close the year with a double digit growth as well. In line with its forward strategy for India, it plans to expand to new domains like medical imaging, surveillance and industrial equipments.

Focussing on regional penetration into Tier-II, Tier-III and Tier-IV cities, Canon is further boosting its retail footprint with its experiential retail stores across divisions.

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