Canon has recently announced its plans to expand its core business segments of imaging, printing and surveillance in India. The Japanese tech major is also looking forward to increasing its presence in the semiconductor, flat panel display business and the medical industry in the country. The company made these announcements during its latest strategy meeting in Mumbai which was attended by its key global leadership.
The company claims that it has established a good market share in the digital imaging industry as an end-to-end solutions provider. The company has also been successful in diversifying into new markets, broadening its product range and asserting its leadership across customer segments.
In the camera segment, Canon has retained its leading share in the Digital Interchangeable Lens Camera (DILC) global market for 21 consecutive years, the company said. It is further planning to expand its imaging business from the conventional camera industry to include other offerings like video management and video analytics.
The company also noted that the surveillance and broadcast range of solutions has also been receiving positive responses from customers. Canon even aims to strengthen its positioning as the one-stop surveillance solution provider