Camera-maker Canon India is aiming for a 16 per cent growth in its topline this year, its President and CEO, Kazutada Kobayashi, said here.

The company reported a turnover of ₹2,026 crore in 2014, a six per cent growth over 2013. Canon India follows a calendar year for the accounting purposes.

While 50 per cent of its turnover is from the B2C (business to customer) segment, the remaining half is from the B2B (business to business) category. “In 2015, we are aiming for a 16 per cent growth in our topline. This apart, we will also look to remain profitable,” he told reporters.  According to Kobayashi, in the consumer segment, compact camera volumes had shrunk by 30-35 per cent because of rising sales of smartphones.

However, this was substituted by a near 50 per cent growth in sales for high-end or DSLR cameras.

“We hope the trend (of rising DSLR sales) will continue for some more time,” he added. In the B2B segment, Canon will look to focus on value-added services such as document management services and so on.

According to him, the company has already entered into the commercial printing space and will look to expand its presence there.

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