Japanese printing solutions major Konica Minolta, which controls half the domestic market, has set a target of doubling its topline to ₹1,000 crore by 2022 as its domestic unit is clipping in double digits.
Konica Minolta Business Solutions India had closed FY17 with ₹500-crore revenue and is growing in double digits. The company expects to continue to grow at the same level on the back of a slew of new product launches this year. “We hope to achieve the next milestone of clocking ₹1,000-crore revenue by 2022,” Kuldeep Malhotra, Vice-President for Sales at Konica Minolta Business Solutions India, said.