MoneyWorks4Me

Ricoh India to grow triple its revenues by 2017: Report

15 May 2015 Evaluate

Ricoh India is reportedly planning to grow triple its revenues by 2017, fuelled by recent government orders. The subsidiary of Japanese technology giant, which has revenues of $18.5 billion, is expecting to clock revenues of Rs 4,000 crore, from Rs 1,200 crore in December last year.

To fuel this growth, the company is planning to expand its partner base from 3,000 to 5,000 across the country. The company recently has bagged some deals in the Indian government segment, which involves digitizing around 1.2 lakh post offices in the country.

Ricoh India is a leading global player in the area of imaging solutions like Digital Plain Paper Copiers, Colour Plain Paper Copiers, Colour & Mono Lazer Printers, Fax machines, Thermal paper etc.

Peers
Company Name CMP
Bharat Heavy Elect. 412.00
Thermax 3385.00
Kirloskar Industries 3536.60
Skipper 537.00
INDO-MIM 1227.05
View more..