Epson notches Rs 1078 crore last year
Epson, the digital print equipment manufacturer, has again confirmed its support to PrintWeek India Awards 2015. The company will now sponsor the PrintWeek India Label Printer of the Year Award.
01 Jul 2015 | 2108 Views | By PrintWeek India
A global leader in imaging products including printers, 3LCD projectors, small - and medium -sized LCDs with an innovative and creative culture, Epson is dedicated to exceeding the vision and expectations of customers worldwide with products known for their superior quality, functionality, compactness and energy efficiency.
PrintWeek India talks to Vasudevan L K, DGM - Prographic Products, Sales and Marketing, Epson India, about business growth and the association with the Awards.
PrintWeek India (PWI): Please describe your business and how has the progress been in the last year?
Vasudevan L K (VLK): It has been a fantastic year for Epson. At an overall level, Epson India has grown by 23% and gone past the Rs.1000 crore turnover mark. We have ended FY 2014-15 at Rs 1078 crore. In each of the product categories, we have operated in, have seen tremendous growth. We are market share leaders in almost every category. Our digital label press business has also done well. Last year, Epson was able to install two units which are running smoothly - to the customer's satisfaction.
PWI: Which part of your business do you see tremendous scope?
VLK: We see tremendous scope in areas beyond conventional printing. What we like to call value added services. Therefore a key focus area for us is to showcase and educate everyone concerned about the huge scope for value added services in the area of printing. Increasingly customers are demanding more and their expectations for printing on various materials has gone up exponentially. Consequently this is emerging as a new business opportunity with tremendous potential. Our products are well placed to meet this on demand requirement from customer. Value added printing is also becoming a crucial tool for brand and marketing people to reach customers in new and innovative ways. With digital printing, the possibilities are endless.
PWI: What’s your role and development that are happening at your end?
VLK: At Epson, we are constantly working with our customers to understand their requirement and advising on ways to grow their business. We also share success stories from other regions in an effort to open up new business opportunities in India.
PWI: What kind of benefit has your equipments/services been to your customers business?
VLK: Epson printers are well known for contract proofing and remote proofing purposes. Thanks to our proprietary Micro Piezo Technology, Epson printers are able to achieve consistent colour, short term stability and are able to print on actual substrates without any pre-coating. This enables our Epson Surepress L4033AW to match a customers existing flexo or letter press standard. The benefit to user therefore is that, all the trials and short run can be done through an Epson digital label press and long through their flexo or letter press. This allows the customer to take on any volume of orders, be it 100 labels or 100000 labels. In addition, precise pantone matching helps the customer address industry requirements.
PWI: You’ve been associated with Awards since its inception. Can you describe a few positive impact of this association?
VLK: We are happy to be part of a platform that celebrates excellence in the field of printing. At Epson, we see great value in associating with the PrintWeek India Awards. It gives us a chance to connect with industry specialists and showcase our amazing products while also creating a platform to transfer knowledge between vendor and supplier.
The PrintWeek India Awards will be held on 7 October, 2015.
The early bird entry deadline for the PrintWeek India Awards has been extended to 18 July 2015. Thus, you still have 18 days to avail the discount and stake your claim as one of the top print companies in India.