Xerox product expo in city

Xerox Modi Corp Limited, which had earlier announced aggressive plans for the Indian market, launched a two-day product exposition in the city.

The exposition is aimed at extending the company's leadership position in the Indian document management market. The company displayed its digital black&white and colour multi-function devices at the exposition.

As part of its plans for India, the company will roll out a partner-led sales and service model, build loyalty amongst sales and channel partners and further improve its customer service network across India.

Xerox Modicorp's revenues grew by 39 per cent from from equipment sales in 2003, a four-fold growth in the high-end colour business. The company's overall revenues shot up by 13 per cent to $ 98 million.

Xerox expects to launch an additional 20 new products in the country over the next 12 months. With this, Xerox Modicorp will have over 100 products available in the country.

The new products to be launched in India include eight for the office segment, five for the graphic arts and commercial printing industries and seven for the small office- home market.

These products have been developed as part of Xerox Corporation's annual investment of nearly $ 1 billion in innovation.