Konica Minolta Establishes a Sales Subsidiary in India
Konica Minolta has established a wholly-owned office equipment sales subsidiary in India.
Konica Minolta has been distributing its office equipment in India through local distributors in the past years. In light of the rapid economic growth in India, it became essential to formulate a sales strategy to better meet the specific needs in the Indian market. With this awareness, Konica Minolta decided to establish the new subsidiary in India to make committed efforts to increase sales in this promising market. Through the new subsidiary, Konica Minolta aims to increase customer satisfaction and reinforce its ability to develop businesses locally by strengthening marketing; enhancing and expanding the existing sales network; exploiting new sales channels; and improving customer service.
The establishment of the new subsidiary in India is meant as part of the global strategy of the Konica Minolta Group to increase profitability and growth potential in newly emerging markets.
The company name is Konica Minolta Business Solutions India Private Limited located in Gurgaon, Haryana. The company listed its authorized capital at 120 million rupees and will have 20 employees in the first year.
Visit: Konica Minolta Business Solutions India website.
Source: Business Wire