Canon Doing Feasibility Study to Manufacture in India - smithdidess1938

Japanese appendage imaging John Major Canon, which launched trinity high speed "Ink Tank" printers in the G-series in Bharat on Wednesday, is doing research and feasibility studies to explore the possibility of manufacturing its products in India, a exceed company executive same.

"Right now all our products are factory-made outside India. But we are doing research and feasibility studies to see if it is practical to manufacture in Bharat," Kazutada Kobayashi, Prexy & Chief executive officer, Canyon India, told IANS.

Terming India a very important market, Kobayashi said that Canyon is eyeing over 10 per penny taxation growth from the Republic of India market this year.

"In 2022, we earned a tax revenue of Rs 2,811 crore. This year our target is to develop at over 10 per cent," he said.

"We do non have a concrete plan to manufacture in India yet, but if we need everything is possible," Kobayashi said.

While the printer occupation is declining in the country eligible with the drop in the personal computer market, Bharat has witnessed emergence in the inkjet category – printers which are generally best-loved in homes and small businesses.

Within the inkjet category, the Ink Tank printers have done advisable in the market.

"India has witnessed a zoom in the inkjet business for Canon and has been one of our top priority markets for expansion," said Tamaki Hashimoto, Group Administrator of Consumer Inkjet Group & Executive Officer of Canyon Inc.

"Our Ink Tank business in India has an excellent blend of home and office customers, which gives us the opportunity to give birth a stable focalize between B2C (business concern to customers) and B2B (business to line of work) segments," Hashimoto said.

Canyon India aforementioned that spell IT aims to achieve a 25 per cent share in the Drawing ink Tank business, in the overall inkjet category, its object is to achieve 12 per cent market share in 2022.

"We are putting equal accent on the B2B (including line of work to government) and the B2C spheres to expand our Republic of India business," Kobayashi aforementioned.

"Canyon has always been trying to become alone in the market. We want to volunteer best advantage of our technology to the customers. One example is our unique printer head known as Fine. This epoch-making technology makes our products different from others.

"Our products will attract certain groups of masses. The colour depth psychology, resolutions, speed of printing and residuum of cost for it will attract certain segment who care for value for money," he said, adding that a price war in the printing business has ever been at that place.

Kobayashi said that to expand its B2B business, Canon Bharat introduced a business sector imaging solution lounge last year.

"General customers can walking in to stores, but businesses do not pass in. Therefore we introduced the business imagery root lounge the first of which was opened in Daryaganj, New Delhi," Kobayashi said.

"We now have six such facilities spread across different parts of the country. Our calculate is open 15 such facilities in the country away the end of 2022," he added.

The newfangled PIXMA G6070, PIXMA G5070 and PIXMA GM2070 printers that Canon India introduced on Wednesday are competitively priced at Rs 21,499, Rs 17,399 and Rs 14,299 respectively.

The printers are equipped with duplex (both sides) printing and Near Intelligence (AI) support for compatibility with smart speakers, Canon India said.