Ricoh India, a subsidiary of
the $19-billion Ricoh Company of Japan is likely to spend around Rs 250
crore in India in order to expand business. Out of this, it will invest
around Rs 20 crore in its Gandhinagar facility. The company will arrange
major part of these funds from internal financing.
Ricoh
India is a leading global player in the area of imaging solutions like
Digital Plain Paper Copiers, Colour Plain Paper Copiers, Colour &
Mono Lazer Printers, Fax machines, Thermal paper etc. The firm had
clocked revenue of Rs 633 crore in the 2012-13 fiscal.
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