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Epson India eyes 25-30 percent growth

Kolkata, Aug 11 (IANS) Printer major Epson India is expecting a business growth of 25-30 percent in the current 2010-11 fiscal, a top company official said Wednesday.

Epson, which had a sales turnover of Rs.400 crore in the 2009-10 fiscal, has set a target to become a Rs.1,000 crore company by 2015, Senior General Manager (marketing) N. Sambamoorthy said here.

The company grew by 26 percent last fiscal.

‘Our aim is to become a Rs.1,000 crore company by 2015. Last year, we recorded 26 percent growth. This year, we expect to grow by 25-30 percent,’ Sambamoorthy said at a media conference.

The company’s printer business saw a rise of 13-14 percent in business and contributed 80 percent of its revenue.

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