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Markets: EIZO eye for 300% growth in India

Fiinews by Fiinews
April 15, 2023
in Markets
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Mumbai office offers total imaging solutions

EIZO Corporation from Ishikawa, Japan, is looking for 300% growth and expansion in the Indian market, saying its visual technologies can contribute to solving and improving India’s challenges.

EIZO, a Visual Technology Company, is offering total imaging solutions with a range of monitors, software, video capture, processing, distribution solutions, cameras and advanced integrated technologies.

“We also believe that there are many similarities between Indian and Japanese people, such as honesty, respect and passion,” Masato Nakashima, Director of EIZO Private Limited, said at the opening of office in Mumbai.

With the establishment of its own subsidiary, a first in the Indian market, EIZO can now invest in corporate resources and implement flexible sales measures in response to the needs of the market, said the Japanese origin company in a release on 13 Apr 2023.

EIZO has been present in India for 17 years, engaging with customers through distributorship.

The subsidiary will allow EIZO to cultivate long-term relationships with customers in different verticals, such as Healthcare, Creative Work, Industrial, Air Traffic Control, Security and Surveillance.

“With economic growth and development in India expected to continue over the mid to long term, EIZO’s decision to establish a wholly-owned subsidiary in India will enable the company to actively invest in corporate resources and implement flexible sales measures to meet the needs of the Indian market,” said Rohan Chahande, Managing Director of EIZO Private Limited.

“We are confident that EIZO can achieve long-term, sustainable growth by strengthening its business base with partners in India and neighbouring countries and seizing new business opportunities.”

EIZO (image in Japanese) is also actively cultivating other verticals in India, such as Industrial and Air Traffic Control, by deeply investing in long-term relationships with customers, developing supply systems, and implementing initiatives that speak to the strengths of EIZO as a manufacturer, such as flexible customization and prompt support services.

Adding India to the scope of existing target regions of Japan, North America, Europe and China, further strengthens EIZO’s global structure and broadens its business opportunities with multi-national companies that are increasingly investing in the Indian market.

The establishment of EIZO Private Limited in India is a testament to EIZO’s dedication to its customers and its commitment to expanding its global footprint, it said.

The establishment of this wholly-owned subsidiary in Mumbai marks EIZO’s 11th overseas sales office and solidifies its position as a leading global provider of high-end visual solutions.

EIZO products are already sold in more than 120 countries, and the addition of India to its target regions reinforces EIZO’s commitment to its customers and its global expansion strategy.

With R&D and manufacturing facilities in Japan, China, Germany and the United States, EIZO is well-positioned as a Visual Technology Company to deliver high-quality products and services to customers worldwide. fiinews.com

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