Fujifilm's Indian share to global biz to treble in 3 yrs

NEW DELHI: Japanese imaging solution maker Fujifilm on Thursday said contributions from its Indian subsidiary to nearly USD 25 billion global operations will increase over three-fold in the next 2-3 years.

The wholly-owned subsidiary of the global camera maker -- Fujifilm India -- is present in the country mainly with its digital photography products.

"Indian market is getting importance day by day. Currently its share in the global sales is less than 1 per cent, but our plan is to reach to 3 per cent in 2-3 years," Fujifilm India Managing Director Kenichi Tanaka told reporters here.

The company is expecting sales of Rs 150 crore in this fiscal and targeting it to double in 2010-11, he added.

"Globally we are present in three verticals -- imaging, information and document solutions. We will expand in all range of products in India," Tanaka said.

Asked if the company would consider setting up an assembly line in India if demand for its products increases, Tanaka said that it would decide in future although "We do not have any plan at the moment".

Fujifilm India today launched a three-dimensional (3D) digital imaging system, offered at a special price of Rs 39,999, in the country.