Sangli, India, October 01, 2014: Canon, a player in digital imaging launched its 1st Canon Image Square (CIS) in Sangli, Maharashtra yesterday. The company intends to grow its retail business by setting up exclusive Canon Image Square outlets across the country to engage with existing as well as new customers for better services.
With the Sangli opening, Canon India takes the tally to 115 Canon Image Square (CIS) stores across 60 cities in India. Canon India plans to have 150 stores by 2014.
The all new Canon Image Square at Sangli, spread over 300 square feet was inaugurated by Mr. Andrew Koh, Senior Director, Image Communication Products Group, Canon India.
Speaking on the occasion, Andrew Koh said, “We are proud to announce the opening of the first Canon Image Square in Sangli. This is our 9th store in Maharashtra and a testimony to the fact that photography is rapidly becoming not just a sought after profession but also an extremely popular hobby. The photography industry in India is reconfiguring in the form of a growing interest in compact as well as Digital-SLR cameras. Markets like Maharashtra are extremely critical for Canon India’s growth and the store will help to maintain the momentum.”
Canon Image Squares are a great motivator to enhance Canon’s commitment to customers in terms of new product launches, distribution networks, product zones and service centres. The store will offer customers the latest Canon cameras, lenses and photography accessories such as camera bags, tripods, chargers etc., in addition to exciting printing products and solutions.
Canon India’s DSLR segment is growing at the rate of 30 percent annually. The company is growing at a rate of 10 per cent per year and would achieve its business target of INR 2,100cr by the end of this year.