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Japanese imaging and optical major Canon had discussions with all those engaged in key semiconductor manufacturing projects in India and plans to bring its technology and service centres to the country, said its India President and CEO Toshiaki Nomura. Canon, a global supplier of lithography systems used in semiconductor manufacturing, said it is looking to support the development of India's semiconductor ecosystem as the government steps up efforts to establish domestic chip fabrication capabilities. The Japanese technology major is sensing a "great opportunity" in the upcoming semiconductor manufacturing ecosystem promoted by the government, and the company will bring its technologies (lithographic machines) to help assist chip manufacturers to produce chips in India, he said. "Now everybody knows semiconductor manufacturing is the buzzword in India. We have a lithographic machine to produce those chips... We bring our technologies to help assist the chip manufacturer to produce .
India is a "prominent" market for Japanese imaging and printing solutions provider Canon that has "long-term growth ambitions" as it looks to tap rising demand in smaller cities, said its India President & CEO Toshiaki Nomura. The company, which aims for 10,000 active resellers in India by 2027, has been recording double-digit growth across its core businesses. It is betting on rising demand from smaller cities, content creators, enterprises and government institutions to drive the next phase of growth in its printing business. The expansion plan aims to improve product accessibility and strengthen Canon's presence across emerging markets. "India is one of the focused markets globally for Canon, and we are constantly growing at double-digit rates every year," Nomura told PTI. He said the company has posted double-digit growth in all its core products, from cameras and printers to multifunction devices and production machines, over the past few years, and aims to sustain that ...
India is among the "important markets" globally for Canon, where the Japanese multinational will continue its "double-digit growth" helped by a growing economy and demand, top company officials said on Wednesday. The company sees India as a "high potential" market for its traditional products and services, ranging from imaging to printers business, said Canon Marketing Asia President & COO Tiger Ishii. Besides India is also a growing market for its other verticals as commercial printing, health business (medical devices) and also sees a potential for its semiconductor business here, in which it produces lithography machines for chip manufacturing. "India is one of the most important markets not only in Asia but also in the world. India will grow in the future and we see scope here," Ishii said at a media round table here. Canon -- a leading producer of lithography products -- expects India to be the future for the manufacturing of semiconductors. "Semiconductors will be India's ..