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Printing and document management company, Ricoh India, has increased theprices of their office products by 5 per cent with effect from 1st June 2012.
The company was increasing prices to partially cover the impact of the depreciating rupee, according to Mr.Tetsuya Takano, MD & CEO of Ricoh India.
“India is a high growth market for Ricoh and we have ambitious plans here”, Mr. Takano said in a press statement. The company expects to raise its revenues to Rs 1,000 crores by financial year 2013 from Rs 432 crores in 2012, according to the press statement.
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