Imaging products major Canon India is eyeing Rs 3,500-crore annual sales by FY 2020 as it expects to continue a double-digit growth in both B2B and B2C segments in the coming years, a company official said today.
As part of its strategy to reach customers even in the smaller towns, the company is strengthening its network - Canon Image Square - by adding around 30 more retailing points and taking the total number to 280 points by the end this year.
Besides, Canon, which is largely present in the printers and imaging products business, is also looking into medical imaging systems and security and surveillance camera products.
"We aim to continue our double digit growth... we would be be around Rs 3,500 crore by FY 2020," Canon India President and CEO Kazutada Kobayashi told PTI.
He further added: "2017 was a great year for us after introduction of GST, and first time we grew in double digit and from there we have a momentum now."