PowerPoint Cartridges Ltd. to Expand Across India
According to India’s cyber times news daily, CIOL.com, PowerPoint Cartridges Pvt. Ltd, a leading cartridge and MPS supplier, is expected to expand across the Indian sub-continent.
Vishesh Nangia, Chief Executive Officer of PowerPoint Cartridges, explained the reasons for the expansion, “The Indian market size for printer cartridges is pegged at over Rs. 4000 crore (US$648 million) and growing annually at over 30%. We have realized that the demand for genuine compatible and recycled cartridges was far more than anticipated. We have been growing 100% year on year and we are now ready to roll out our footprints in all major cities”.
Nangia also noted that India’s cartridge industry is in a fast growth mode, attributed to its huge consumption of cartridges. “The Indian customer has a very limited choice between expensive OEM cartridges, counterfeits and ‘locally’ refilled cartridges of poor quality. A product, which is cost effective and yet assures the performance of a brand new cartridge, is undoubtedly a strong value proposition,” he added.
Plus, PowerPoint Cartridges also sees a great future for MPS, as a recent survey indicated 70% of the end users have no perception of their printing cost, said the CIOL.com statement.
Leave a Comment
Want to join the discussion?Feel free to contribute!