PERFORMANCE HIGHLIGHTS
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This dot-printer major clocked a
revenue of Rs 159 crore for fiscal 1999-00 against the previous year’s Rs 95
crore. With this, the company moved up to the number 50 position from its
previous year’s position of 71. It sold about 150,648 printers in the DMP and
inkjet categories. In all, it sold 80,106 DMPs and 70,542 inkjets in the
country. Barring the eastern region, the company witnessed a uniform revenue
pattern in rest of the country, with the government and public sectors
contributing in a major way. Towards the end of the fiscal, Epson launched a
series of laser printers
in the country. In addition, Epson launched such products as scanners, digital
cameras, mini printers, liquid crystal display projectors, point-of-sale
intelligent registers, consumables and spares.
Fiscal 1999-00 was a year of
consolidation for Epson, which tried to establish itself as a strong peripherals
manufacturer in the country. Towards this end, Epson created high visibility and
popularized its brand. The series of campaigns in the media featuring former
Miss Universe, Sushmita Sen, helped drive the brand and Epson’s message. The
company also expanded its operations,
establishing offices in the four metros–Delhi, Mumbai, Chennai and Calcutta.
The company established its service
network through tie-ups with some key dealers in the Epson Authorized Service
Partner program, and about 60 such centers sprung to action in the last year. In
addition to the regular channel incentive scheme, the Epson Scratch 22 offer
generated a lot of enthusiasm and interest among its channel partners. Special
schemes to concentrate on the corporate and systems integrator segments were
also launched.
Epson is awaiting approval from the Foreign Investments
Promotion Board for a 100% subsidiary status in the country. It is expected to
benefit from the advantages of local billing and tax reductions, once it gets
that status. DQ
Fact Sheet
Start-up year: 1998 Products AND Services: Computer
peripherals Employees: 45 Address: 310-306 Prestige Meridian-I, 3rd Floor, 29 MG
Road, Bangalore 560 001 Tel: 532 1266-70 l Fax: 558 1799 Website: www.epson.co.in