Canon India Pvt Ltd, India’s No. 1 Complete Digital Imaging Company, today announced the strengthening of its partnership with Monotech Systems Ltd for its Wide Format printing business. Monotech is already a partner with Canon since last four years and is specifically handling imagePROGRAF business of Canon. With this new engagement, Monotech will now be equipped to sell and service Oce Arizona and Oce Technical documents systems products along with imagePROGRAF.
Monotech is the national partner for Canon for the Wide Format products in India and currently the only partner to sell and service Oce range of products. Southern region is one of the largest markets for Graphic Arts business and quick print shops. Technical document systems (TDS) products are primarily sold to quick print shops and a total of 50% of sales which comes from this business.
Speaking on the occasion, Dr. Alok Bharadwaj, Executive Vice President, Canon India said, “Wide format printing market is growing in India and Canon foresees this as a huge business opportunity. We decided to further extend our relationship with Monotech owing to their PAN India presence, strong technical support and sales team and the option of multi-location billing. We look forward to a more enriching business with Monotech as a partner who would bring business worth Rs. 30 crore by 2015. Canon plans to expand its graphic business further and with Monotech’s wide reach and support we will be able to explore new markets.
Excited about the new engagement for Mr. T.P Jain, Managing Director, Monotech Systems, said, “We are privileged to be associated with Canon and are happy to leverage its expertise in the Wide Format Printing and Display Graphics Business. We have now formed a new SBU ( Strategic Business Unit ) within Monotech to focus on Canon / Oce product range and we expect this SBU to contribute significantly to our business turnover in the next few years. With our domain knowledge, strong sales and technical support expertise we will be able to help Canon spread its business across the country. This will also be a learning opportunity for Monotech as we enter a new phase of selling Canon IPF, Oce Arizona and Oce TDS products- the best in Industry from Canon.
Elaborating further on the engagement Puneet Datta Director Professional Printing Products group, Canon India said, “Since joining forces, Canon and Océ have jointly developed new products and worked to strengthen their marketing and service capabilities. Now that Océ has become a wholly owned subsidiary, both companies will work to maximize synergies with the aim of creating the overall No. 1 presence in the printing industry. Océ is a global leader in Technical Document Systems & Display Graphic Systems and in India for the technical document system products we have been leading the market. With the Monotech partnership, we will be able to strengthen our presence across India for the comprehensive range of Wide Format Printing Products. Monotech has been able to understand and appreciate the ambitions of Canon and we are pleased that they have shown quite a focused approach by developing a dedicated sales & service business unit to handle such products from Canon. This will help Canon to penetrate its business in smaller towns and establish our strong foothold in India. Our world-class & patented technologies built into the state-of-the-art and most reliable products will get us a competitive edge.