Canon recently marked its 20th anniversary in India with a steadfast plan for the country across its enterprise, commercial, consumer, and social initiatives. It marked its 20th anniversary by unveiling a new logo for the year. The company, celebrating two glorious decades in the country, reaffirmed its commitment to India with the announcement of its Vision 2020.

Canon India's Vision 2020 charts its next phase of growth in India. The company in the next three years aims to penetrate further in the country with its offerings, augmenting the photography culture in India, and introducing technological advancements across business and consumer products. Vision 2020 sets a growth target of 3500 crore for Canon India to be achieved by consistently attaining a year-on-year double-digit growth. The company has kick-started its year-long celebrations to commemorate the 20 years with its business partners, vendors, consumers, and employees.

"At Canon, we are embracing the challenge of new growth through a grand strategic transformation. India is a key market in Canon's global development and having successfully completed two decades in the country, we would like to thank all our partners, consumers, and vendors for their support. Together with every team member and business partner, we will scale this height to achieve our goal of continuous growth in Asia. We are in prime position to ride on this wave of growth. I'm confident that India, as a market, will be a vital contributor to this future success."

Noriko Gunji

President & CEO,

Canon Singapore (Regional headquarters of South and Southeast Asia)

Driving innovation in every aspect of its business, Canon has launched several advanced products over the years in both B2B and B2C categories. Progressing forward, the company is bullish on promoting the culture of photography by penetrating deeper into the country. Presently operating 214 CIS (Canon Image Square) stores across 103 cities in the country, the brand envisions to double the count of its CIS stores by the end of 2020. Through its initiatives like Canon Photomarathon, EOS Nation Seminars, and Photography Workshops, the brand would continue to engage and educate customers.

For the Inkjet division, the prime focus would be to build greater shelf share in the top resellers and concentrate on expansion to new vertical markets with SOHO and Pro Products. The laser segment would strengthen its outreach toward the enterprise and government sector, along with progression toward value products with focus on customer lifetime management. Streamlining office processes and maximizing business efficiency, the Business Imaging Solutions vertical will be expanding its portfolio in 2017, aligned with the government's vision of Smart Cities. Taking its products and strategies to smaller towns, the professional printing domain (PPP) is strengthening its channel partners' outreach to double its presence, across the country.

"It is a privilege and a proud moment for us to complete 20 years of delighting our customers in the country. Over the years, Canon has grown steadily to make its presence felt across the nation. With everlasting commitment of our employees and partners, the company has attained a strong leadership positioning in the Indian imaging industry. 2016 marks yet another successful year for our journey in India as we register a growth of 9%, with our revenue aggregating to 2348.6 crore. As we celebrate success today, we are gearing up for the next big leap toward our Vision 2020', capable of achieving new growth. In the coming years, we will focus on our retail footprint and on growth across all businesses to achieve a double-digit growth each year. By 2020, we envision to reach revenues of 3500 crore."

Kazutada Kobayashi

President & CEO,

Canon India

And it is not all business – Canon takes pride in not only bringing quality products to the market but also contributing to the community, under its CSR projects with the focus on 4E' comprising of eye care, education, environment, and empowerment. The company has adopted four villages across the country under its flagship CSR program and partnered with SOS children's villages under their Support a Life campaign. To promote skill development for a skilled India, Canon India has also introduced vocational and skill development training in its adopted villages.


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