Nikon Eyes 6 PC Of Global Sales From India By 2014

Mumbai, Sep 7: Japanese digital imaging major Nikon today said it is planning to raise India’s contribution to its global revenues to six percent from one percent now over the next three years and hinted that it may set up a manufacturing facility in the country if the market grows faster.

Last year, Nikon India had a turnover of Rs 450 crore and this year, it hopes to double the same to Rs 900 crore.

“For Nikon, India is one of the most prospective markets. Of our worldwide sales, India contributes only one per cent, which was around Rs 450 crore last year. Within the next three years, we want to take this to 5-6 percent,” Nikon India Managing Director Hiroshi Takashina told PTI here.

From: http://ping.fm/aLNzH