Konica Minolta launches multifunctional printer
Japanese technology company Konica Minolta recently launched the new 'Pagepro 1580 MF', which is a monochrome laser multifunctional printer.
Konica Minolta noted that the product is equipped with printing speed of 20 papers per minute, supports 16 MB memory and can be used for A4, letter, B5, A5, A6, executive size printing.
An easy-to-use printer, it allows functions such as copy settings, colour scanning and job cancel at the touch of a button.
The compact printer has an inbuilt colour scanner and can be easily integrated into any small office or home setting.
Speaking at the launch Managing Director Tadahiko Sumitani said, "Our operations in India have seen a revenue of Rs. 228 crore in the last fiscal and this fiscal is likely to end at the Rs. 300 plus crore mark plus we are expecting to grow by 30-35% to touch the Rs 500 crore mark within the next two to three years."
Balakrishnan EGM Marketing, Konica Minolta Business Solutions India Pvt. Ltd, pointed out that the company has been doing well, even though there is a general economic slowdown.
Balakrishnan said, "Our competitive price range and higher quality have helped us win the customer's confidence and establish our brand. We always focus on customer requirements and strive to work closely with our customers. This is our differentiator and has helped us to build quickly the channel network & address the market."
Kuldeep Malhotra, EGM Sales, Sales & Managing Division, Konica Minolta Business Solutions India Pvt. Ltd., said, "In the calendar year 2013, the company has achieved market share of 27% in A3 colour printers, 17% in the A3 monochrome printers and almost 50% in the production printers market."
(Posted on 22-03-2014)