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Double-digit growth, rise in industrial printing sales in FY 16-17

KM India bags best ‘Subsidiary Company of the Year 2016’

Posted on Monday, 10 July 2017. Posted in Digital Print

KM India bags best ‘Subsidiary Company of the Year 2016’

Konica Minolta India recently added a new benchmark to its portfolio of achievements on receiving ‘Best Subsidiary Company of the Year 2016’ award in a conference held recently in Manila, Philippines.

Konica Minolta India has garnered double-digit growth in FY 16-17, compared to the previous year, especially in the areas of production and industrial printing sales. Konica Minolta Inc. appreciated the continuous effort of Konica Minolta India and its partners in expanding the company’s business in India.

Konica Minolta was ranked number two in FY 16-17 in worldwide MGI unit sales, only next to the United States. On behalf of Konica Minolta India, Rajeev Ahuja, business consultant IP, presented MGI success cases in India at the conference. He also informed how India is taking many new initiatives in the new product segment.

The top management from Konica Minolta Inc. marked their presence, including Yamana San, president and chief executive officer, Osuga San, senior executive officer, and Taiko San, executive officer who shared medium-term direction and strategy.

Daisuke Mori, managing director, Konica Minolta India, receiving the award, said, “We are extremely delighted to receive this prestigious award, which is also a reflection of the commitment to help businesses in India with cutting-edge technology and products. Our highly proficient workforce in the country will continue to set new benchmarks in the printing segment of India.”

Interestingly, the conference observed that with the Indian printing industry gearing towards more customized and personalized offerings, shorter TATs and more eco-friendly sustainable solutions in digital printing, it would prove to be a shot in the arm for the label industry.

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