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Ricoh Eyes Business Expansion In India; Targets Rs. 1,000 Crore Revenue By 2014

It is definitely good to know that Ricoh will be expanding their business in Indian Market. Ricoh is a Japan based, Imaging Solution Company that would surely bring a different kind of imaging solution in India. This also means that available works would soon rise.

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According to the Managing Director and Chief Executive Officer of Ricoh India, they are aiming to reach Rs 1,000 crore by the year 2014. They have decided to expand in India after their fiscal year ending revenue reached Rs 432 crore.

By the end of the current fiscal year, they are hoping to increase their dealers by 50%. What the company will do specifically is to increase the number of their service points from 247 to 470 by the end of the year.

This will make their service more visible and reachable to a lot of people. The company has a good line up of printers that they sell in different prices ranging from Rs. 6,500 to Rs 12,800. They also aim to sell about 100,000 units of their printers for the current fiscal year.


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