To-date, Canon India has an installed base of 89 machines in its ImagePress digital range in India. It has achieved this in three years. The firm hopes to double the numbers in the next three years thanks to the enhanced product line from Oce.
Kensaku Konishi, CEO, Canon India said: "Oce’s digital products will enrich Canon’s existing product portfolio. With the launch of the Oce web-fed ColorStream digital press, we hope to match the needs of printers who are looking to take advantage of digital print for publishing."
Canon announced the Indian launch of C7010 VP – an upgraded model of the Canon C7000 VP. Avantika Printers based in Delhi NCR is the first Indian digital firm to buy a Canon digital press. Alok Bharadwaj, senior vice president, Canon said: "It’s a great association with Avantika . We value the trust reposed by this dynamic and progressive print firm."
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"I'm sure this will go down well with print supply chain vendors. What terms is it that ADM are after - 180 days is it?"
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Unencumbered assets that weren't on the Reflections books, I believe.
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Jo"
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