HP launches colour laser printing systems

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| The colour laser printer market in India for 2005 was 15,434 units (growth of almost 100 per cent over 2004). This market in India is expected to treble over the next four years. |
| HP India presently enjoys a marketshare of 89 per cent in the colour laser printer market, a release said. |
| HP's key objectives are to expand the overall colour laser market by accelerating growth in the SMB market segment. To accelerate the growth, HP is launching three new colour laser printers. |
| It plans to launch newly formulated, third-generation HP ColorSphere Toners. It aims to introduce special features like colour access control and colour cartridge out which enable SMBs to get benefits of colour printing while keeping their printing costs in check, the company said. |
| HP is also planning to launch an aggressive Geographical |
| Expansion Programme to increase penetration of colour laser printers in Class B and Class C cities. |
First Published: Feb 24 2006 | 12:00 AM IST