Imaging and networking technologies provider Konica Minolta India on Friday launched two new production printers – bizhub Press C1070 and bizhub Press C1060. While, the C1060 is priced at ₹20 lakh, the C1070 will come for ₹25 lakh, the company said.

The Japanese company, which had entered India in 2010, has a portfolio of around 37 models of printers across segments and is targeting a turnover of ₹500 crore in two years (2016) from around ₹300 crore in 2013-14.

Meanwhile, the company announced it had appointed Yuji Nakata as its new Managing Director for India, replacing Tadahiko Sumitani, who had assumed a new role as Global Sales Head in Japan (headquarter).