Komori absorbs in the entire staff of Insight Group (previous representative) into its fold.
Komori Corporation (Japan) recently announced its foray as a direct entity into India. Till now it was operating in India through its sole distributor – Insight Group.
Hirofumi Hoshino, Managing Director of Komori India made the announcement during an event held in Okhla, New Delhi. “We are excited to start our India operations and with the India footprint, we will be able to provide the world-class quality and strong support to aid the Indian market using the best of global and local processes to provide the highest value to our customers and maximise customer’s benefit,” says Hirofumi Hoshino.
He also added that according to a report from the World Economic Forecast, in the coming decade India would be just next to China and above USA and that gives a lot of impetus to the decision made by Komori of their entry into the Indian market. “The Indian GDP, according to an NPES report, is supposed to increase by 5 times from the present US$ 8721 by 2050 which also helped Komori to decide on entering India by itself. With this step, besides machinery and hardware, Komori shall provide complete solutions for the Indian print industry,” he says.
Sangam Khanna, Deputy Managing Director, Komori India adds, “Though one of the last entrant into the Indian market about 10 years back, Komori today holds 40% market share in the industry and with Komori arriving directly into the Indian Market, plans to strengthen and scale up its operations further not only in India but the entire sub-continent and have plans to introduce customized printing presses suitable to the demands of the Indian market.”
Komori has absorbed in the entire staff of Insight Group into its fold. This will help us in ensuring absolute continuity and further enhance the existing sales and service activities,” says Sangam.
Komori has over 2000 plus employees with over 95 years of existence while Insight Group in India has approximately 100 employees with about 10 years’ experience in the Indian market. The new entity expects to clock a turnover of about 200 crores in the present financial year and gradually increase it to higher levels in the near future.
Samir Patkar is new MD of Heidelberg India
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