What is the growth rate of printers that we are seeing in India right now?
Let me give you some background first. So there are two types of printers in the market right now. The first is the laser printer, and the other is the inkjet printer. The inkjet printer caters to the home and SME segment, while the laser printer is less focused on the home, it does have applications with some SMEs along with large enterprise, government, Banking, financial services and insurance (BFSI). So laser is all about enterprise, that is the categorisation. From a growth point of view, the growth rate of inkjet printers are a bit flat unfortunately, but there is a certain type of printer within the ink jet printers called Continuous Ink Supply Systems (CISS) printers, commonly known as ink tank printers, which is growing rapidly, at least at a pace of almost 20 percent year-on-year. We launched this just over a year ago and we are seeing a huge growth of about 25-30 percent in the segment. So we are doing well as far as the ink tank printers are concerned. But the other ink jet printers, which are aimed at occasional printers, that segment is still very stagnant. The reason is because the home segment is starting to look at Return on investment (ROI). If they are planning to print in volume, they are considering purchasing more expensive printers as their running cost may be lower.