Press Trust of India / Kolkata Aug 11, 2010, 17:20 IST
Printer major Epson India today said it is aiming to become a Rs 1,000 crore company by 2015.
"We are aiming to be a Rs 1,000 crore company by 2015 from the present standing of around Rs 400 crore," Epson India Senior General Manager (marketing) N Sambamoorthy said here today.
"We hope to maintain the current growth trend of over 20 per cent. Last year, we grew by 26 per cent and in the current fiscal we hope to record 25-30 per cent rise in business," he said.
Epson India, part of Epson Singapore that handles its Asia business except China, expects to contribute over 30 per cent to its revenue when its turn-over touches Rs 1,000 crore.
The printer segment, which generates almost 80 per cent of the company's revenue grew by 13-14 per cent. The total market is estimated to be of Rs 1,400-1,500 crore.
Sambamoorthy said home segment of projectors is gaining momentum as now its share is 7-8 per cent of the total projectors sales, from one per cent just three years ago.
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