Image result for Konica unit eyes 8% market share

Konica Minolta Business Solutions Pvt. Ltd., a leader in advanced imaging and networking technologies, has drawn up plans to achieve double digit growth in its digital industrial printing business unit, said a top executive.

“Currently, we have a market share of 3% to 4% in India and are planning to double it this fiscal,” said Kuldeep Malhotra, vice president, sales, Konica Minolta Business Solutions. “By 2020, we have set a target to achieve 10% market share.”

To achieve this, it would focus more on state-of-the-art inkjet press AccurioJet KM-1, MGI Jetvarnish 3D and 4-colour label printers. While Konica Minolta India completed the first Southeast Asian installation of its AaccurioJet KM-1 in Chennai recently, it is yet to install label printer.