Nikon aims Rs 1,200 cr sales in FY19, expects 30% sales from mirrorless segment in next 3 yrs

Japanese imaging product major Nikon India is targeting around 5 per cent growth in turnover at Rs 1,200 crore this fiscal on the back of its D-SLR and mirrorless cameras, a top company official said.

Nikon India is working here on a twin strategy -- expanding the mirrorless camera segment, which are expected to grow in coming years, while focusing on its traditional D-SLR (digital single-lens reflex) cameras.

The company is also expanding its retail presence and has plans to add 10 more Nikon experience zones to take the tally to 150, besides engaging more photo enthusiasts through its Nikon photo schools.

"Last year, we have concluded to around Rs 1,150 crore and we are aiming this year (FY 2018-19) close to Rs 1,200 crore, with approximately 5 per cent increase," Nikon India Managing Director Sajjan Kumar told PTI.

He further said, "The growth would come from D-SLR segment which is still growing in India and mirrorless and full frame cameras."