Nikon, the Japanese optics and imaging major, turns 100 next month. It has faced tough competition from the growing sale of smartphones, replacing entry-level cameras. Kazuo Ninomiya, managing director of Nikon India, speaks to Arnab Dutta. Edited excerpts:
Where does India stand for Nikon globally?
India's contribution to global revenue was three to four per cent last year and I expect it to go up to five to six per cent in 2017-18. Globally, we have 24 subsidiaries. While India is still lagging behind as compared to our top five markets, I am expecting conditions to improve by March. Last