Date:25/11/2004 URL: http://www.thehindubusinessline.com/2004/11/25/stories/2004112502030700.htm

Back Sharp targets 20-pc growth in turnover

Our Bureau

Mr Sunil K. Sinha, Chief Executive, Sharp Business Systems (India), and Mr Mori Toshikazu, MD, Sharp Business Systems (India), at the launch of a digital multi-function system in the Capital on Wednesday. — Kamal Narang

New Delhi , Nov. 24

SHARP Business Systems India Ltd, a document management company, is targeting a 20 per cent growth in turnover by putting in place an aggressive product launch and marketing plan.

The company, a 74:26 joint venture between Sharp Corporation and L&T, has a turnover of over Rs 60 crore.

"The company's product portfolio in India includes digital copiers/printers, facsimile machines and multi-media projectors. While digital copiers/printers contribute over 50 per cent of the total turnover, the facsimile machines contribute 15 per cent and projectors 35 per cent," Mr Sunil K. Sinha, Chief Executive, Sharp Business Systems India said while launching a digital full colour mult-ifunctional system.

Sharp markets its products through a chain of 200 dealers across the country. "We plan to increase the number of our dealers by 25 per cent by the end of the financial year," Mr Sinha said. When asked about the IT distribution channel, he said, "We need to develop the IT distribution channel to a full-fledged channel. Our priority will be both metros and as non-metros."