Canon India’s Consumer System Products (CSP) division continued its impressive growth story and registered a stupendous 88% growth in H1 of 2010.

 This was announced by the CSP division recently at the figures released for H1 of 2010.  In addition, the division reinforced its leadership position in the laser printer segment by touching a 35% market share in Q1 of 2010 edging competition in this category.

 The market for inkjet and laser printers is energetic and Canon’s CSP division is persistently fuelling this competitive environment by introducing new and innovative products. 

Commenting on the results, VP Sajeevan, Director of CSP remarked, “The H1 results for 2010 have been outstanding for the CSP division. This growth was driven primarily by product innovation, anticipating market demands and effectively leveraging Canon’s network across India.”  

“We are also investing a lot in promotions and enhancing capabilities of our partners and are confident of sustain the high growth trajectory.” Overall, the growth of Canon’s CSP division is fuelling the growth of Canon in India and is crucial to Canon’s aim of achieving revenues worth 1200 crore by December 2010.”