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Samsung says revenue from India likely to double this year

Samsung says revenue from India likely to double this year
PTI
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First Published: Fri, Jan 08 2010. 02 23 PM IST
Updated: Fri, Jan 08 2010. 02 23 PM IST
Mumbai: Electronic goods manufacturer Samsung Electronics expects to double its revenue from Indian market to Rs200-crore in the digital imaging portfolio segment in the current year, a top official said.
“We are looking at doubling our sales this year and take our revenues from the camera and camcorder segment to Rs200-crore during the period,” Samsung India’s Deputy Managing Director Ravinder Zutsi told PTI here.
On the back of a reviving economy, the company expects a significant pick up in sales in Indian market moving ahead. It plans to launch atleast 24 products here by early-March, Zutsi said.
Samsung clocked Rs95-crore revenue from its operations in the digital imaging segment in 2009. It expects a visible pick up in sales with the launch of some unique and customised products this year, Zutsi said.
Samsung is likely to price its NX series at Rs50,000, which would be a hybrid camera having features of both compact as well as DSLR cameras.
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First Published: Fri, Jan 08 2010. 02 23 PM IST