We are aiming, at least in next two fiscals, to contribute close to 5 per cent,” Nikon India managing director Sajjan Kumar told PTI. For the financial year 2017-18, Nikon India reported a turnover of Rs1,150 crore, posting a growth of 5%. Last year, the Indian DSLR market stood at around 5 lakh units and this year, it is expected to be around 5.25 lakh units by registering 5% growth. Nikon India is also now enhancing its retail presence in non-metro places by opening more Nikon Experience Zones, which are in shop-in-shop format. Nikon India is a wholly-owned subsidiary of Tokyo-based Nikon Corporation.

Source: Mint June 05, 2018 11:26 UTC