Epson is likely to achieve a turnover of Rs. 500 crore this fiscal (2010-11, a growth of 25% from last year’s turnover of Rs. 400 crore. With ambitious plans in place Epson said it would be confidently targeting the Rs.1000 crore mark by 2015 if not earlier.

Sharing details T. Sukumar , Deputy Country Manager at Epson India traced the history of Epson in India dating back to 1990 when a liaison office was set up in Chennai for Epson. The first product Epson introduced in the Indian market was Dot Matrix printers in the same year. In 1995 Point of Sale printers were introduced and then subsequently Projectors and Inkjet printers.

In 1997 an Epson India Branch Office was created under Epson Singapore. In 2000 Epson India Pvt. Ltd a subsidiary was created and Epson’s Head Office was shifted to Bangalore the IT capital of India.

According to Samba Moorthy, Senior General Manager, Sales & Marketing, Epson India has created a strong reputation for quality and reliability. Epson Dot-Matrix Printers enjoy a market share of approximately 53 percent, Inkjet Printers and All in Ones 14 percent, Point of Sale printers 52 percent and Projectors 14 percent. In all these categories Epson is either the No.1 or No.2 brand and growing fast.