EFI, a player in digital controllers, superwide format printers and inks, and print management solutions, has announced its expansion plans for the Indian market. |
As a first step in this regard, the company will move its operations to a new facility on the Outer Ring Road in Bangalore so as to scale up its research and development operations. |
EFI's other development centres are located at Pittsburg (USA), and Dusseldorf in Germany, apart from its headquarters in Foster City, California. |
The Asia-Pacific region contributes 15 per cent to the company's overall revenues, Saran added. EFI India, a three-year-old firm, employs 150 people and plans to greatly expand its workforce during the present year. |
Announcing the opening of the facility, Guy Gecht, chairman & CEO, EFI Inc said that over the past few years, India had emerged as one of the fastest-growing markets for the company. |
"EFI India, our wholly-owned subsidiary, is EFI's largest R&D venture outside the US, and is being scaled up to better manage the development of some of our key software products and solutions," he said. |
With the latest acquisition of VUTEk, EFI is able to meet all the demands of the graphic arts industry by offering integrated solutions and technologies, he added. |
EFI VUTEk printers and inks are used to produce point of purchase displays, advertising, posters, billboards and other 'out of home' graphics up to five meters in width. |