Japanese digital imaging major Epson said on Friday that it is targeting a turnover of Rs 750—800 crore this financial year on the back of growth in small and medium enterprise (SME) sector, retail and education.
“Last year, we did a turnover of Rs 603 crore and we are expecting around 20—25 per cent growth on that. So the turnover this fiscal will be around Rs 750—800 crore,” Epson India Deputy General Manager (Consumer Products), S M Ram Prasad, told PTI.
He said the computer and IT peripheral market is worth Rs 20,000—25,000 crore of which SME sector contributes around 40 per cent.
“Key segments we want to grow include SME sector, home office, retail and education,” he added.
The company has also forayed in the home entertainment market and has six products on the offer which will be increased to 15 by next year.
Epson is present in over 240 cities across the country through 6,000 channel partners.
In order to strengthen the bond with its partners, Epson is looking at training them on the new technological developments with insights on current industry trends.
The company has also launched a partner engagement programme where it will cover 16 cities and reach out to around 1,500 partners.