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May 14, 2007

Olympus Retail Location Opens in India

Japan's Olympus Imaging Company has opened it's first official retail store in New Delhi today, marking a departure from the use of reseller channels.

India has long been seen as a potentially lucrative market for digital camera sales; nearly 700,000 cameras were sold to date in the nation last year and with a booming economy, the growth potential is enormous.

The market has traditionally been dominated by Nikon, but Sony and Canon have made inroads recently. Olympus intends to open

Posted by covey22 at May 14, 2007 5:09 PM