Konica Minolta Establishes a Sales Subsidiary in
Aiming to Further Expand Its Core Office Equipment Business in the High-Growth Market
August 25, 2010 06:56 AM Eastern Daylight Time
TOKYO--(EON: Enhanced Online News)--Konica Minolta Business Technologies, Inc. (Konica Minolta) is
pleased to announce that it has established a wholly-owned office equipment sales subsidiary in India.
< Background and purpose of the new company >
Konica Minolta has been distributing its office equipment in India through local distributors in the past years. In light
of the rapid economic growth in India, it became essential to formulate a sales strategy to better meet the specific
needs in the Indian market. With this awareness, Konica Minolta decided to establish the new subsidiary in India to
make committed efforts to increase sales in this promising market. Through the new subsidiary, Konica Minolta aims
to increase customer satisfaction and reinforce its ability to develop businesses locally by strengthening marketing;
enhancing and expanding the existing sales network; exploiting new sales channels; and improving customer service.
The establishment of the new subsidiary in India is meant as part of the global strategy of the Konica Minolta Group
to increase profitability and growth potential in newly emerging markets.
< Outline of the new company >
Company name Konica Minolta Business Solutions India Private Limited
Tadahiko Sumitani (permanent representative)
Jun Haraguchi (absentee representative)
Building 8, 10th Floor, Tower C, DLF Cyber City, Phase - II,
Gurgaon, Haryana, INDIA *1
Established July 1, 2010
120 million Rupees
Konica Minolta Business Technologies, Inc. 99.9%
Konica Minolta Business Solutions (S) Pte. Ltd. 0.1%
Import/sale and customer service of office equipment including
Business activities MFPs(multi-functional peripherals)*2 and production printing
products, and related supplies
Number of employees 20 employees (in the first year)
Konica Minolta will remain committed to developing original and reliable products with outstanding TCO (Total
Cost of Ownership)*3, productivity and environmental friendliness in the fields of office equipment and production
printing systems. Furthermore, Konica Minolta will continue to make concerted efforts to offer optimal solutions to
our customers to better meet their ever-diversifying needs and expectations, while working with local communities to
achieve mutual development and prosperity.
The new company will move to this location in the middle of October 2010. The following is its tentative office
*1 until then: Vatika Business Centre First India Place 2nd Floor, Block B, Sushant Lok Phase-1, M G Road,
Gurgaon, Haryana, INDIA
*2 MFPs: Multi-functional peripherals having versatile functions including copiers, printers, scanners, and facsimiles.
*3 TCO : Total cost necessary to install, use, maintain and manage the production printing system
Konica Minolta Business Solutions India website：
http://www.konicaminolta.in/ (India Top)
http://www.konicaminolta.in/business (India Business Products Top)
Konica Minolta Holdings, Inc.
Minoru Ikehara, +81-3-6250-2100