Published On:December 7 2024
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FUJIFILM India Targets Double-Digit Revenue Growth in 5-Year Plan.
FUJIFILM India, the local arm of Japan’s Fujifilm Corporation, is setting ambitious goals to achieve double-digit annual revenue growth in the Indian market over the next five years. The company reported strong financial results for FY24, with revenue from operations rising to ₹1,726.24 crore, a 16.8% increase from ₹1,477.73 crore in FY23, according to data from market intelligence platform Tofler. Total profit also surged to ₹134.87 crore in FY24, compared to ₹102.33 crore in the previous year.
Koji Wada, Managing Director of FUJIFILM India, described India as the company’s most critical market globally. “India’s potential for growth is unmatched,” Wada said. FUJIFILM operates in diverse segments, including healthcare, electronics, business innovation, and imaging. The company recently expanded its electronics division by entering the semiconductor industry, signaling a strategic push into high-growth sectors.
As part of its growth strategy, FUJIFILM India aims to capitalize on emerging opportunities across its business lines while leveraging its strong market presence to drive innovation and revenue growth.
HBL