The OEM spoke to PrintWeek India about business growth, its financial achievements and scope for the future.
Vasudevan L K, Epson India’s Deputy General Manager of Sales and Marketing for Prographic Products
The news outlet interviewed Vasudevan L K, Epson India’s Deputy General Manager of Sales and Marketing for Prographic Products, who stated that “it has been a fantastic year” for the OEM, as it has grown 23 percent and “gone past” the Rs 1,000 crore ($157 million/€142 million) turnover marker. The company ended the financial year in India with a turnover of Rs 1,078 crore ($169 million/€153 million), and saw “tremendous growth […] in each of the product categories we have operated in”.
He added that “we are market share leaders in almost every category”, and that Epson sees “tremendous scope in areas beyond conventional printing”, or what the OEM “like[s] to call value-added services”. A “key focus area” is said to be the education and showcasing of “the huge scope for value-added services in the area of printing”, as customers are “demanding more and their expectations for printing on various materials has gone up exponentially”.
This has had the consequence of creating a “new business opportunity with tremendous potential” for Epson India, whose products are “well placed to meet this on-demand requirement from customers”. The value-added printing services are also “becoming a crucial tool for brand and marketing people to reach customers in new and innovative ways”.
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The representative concluded that “with digital printing, the possibilities are endless”, adding that Epson is “always working with our customers to understand their requirements and advising on ways to grow their business. We also share success stories from other regions in an effort to open up new business opportunities in India”.