Ricoh India chalks out a 3-year strategic explansion plan

Ricoh India, a subsidiary of Ricoh Company, Japan, one of India`s fastest growing IT system integration company has announced its aggressive expansion plans backed by its core philosophy of comprehensive office solutions, tech-savvy and eco-friendly products and services to meet emerging customer needs.

This expansion is a part of Ricoh`s strategy of strengthening of its business service infrastructure, providing businesses across the country with the tools and expertise to optimize business critical document processes and IT Services. In addition to the expansion of its services business, it supports Ricoh`s focus to expand its customer base and deliver products and services with high added value. 

Tetsuya Takano, managing director and chief executive officer, Ricoh India said, ``The ability to change is a key element of a successful business today. Technology is changing at an unprecedented pace, and there is increasing pressure for customers to change along with it. At Ricoh, we are committed to helping our customers embrace change through innovation. Hence our belief ``EXPERIENCE THE DIFFERENCE`` giving the customer an integrated solution at an affordable cost. Our overall strategy and game plan for India is optimistic and we hope to triple our turnover by FY13. 

Manoj Kumar, chief financial oficer, Ricoh India said, ``As part of our global mandate and strategy, Ricoh has been making rapid strides in offering advanced solutions by showcasing the skill set and technological knowledge that help our clients to deliver better results. With these services, Ricoh`s vision is to offer package of IT services, including Data Centre Solutions, Information Security, Virtualization, Software Development and Infra Management Services to clients that would bring efficiencies in work, reduce cost and bring a complete turnaround in the working of the company. Positioned as a One-stop-Solution company, Ricoh will now be offering value-added services to further optimize processes. We hope to tap a sizable business from such services.
Shares of the company gained Rs 1.7, or 2.88%, to settle at Rs 60.70. The total volume of shares traded was 180,089 at the BSE (Wednesday).