'Nepali customers need not wait long for newly launched products'
Kensaku Konishi, president and CEO of Canon South and South East Asia, who was on a Nepal tour, visited the authorized dealers of Canon in Nepal recently to discuss plans to expand market reach in Nepal. Kriti Bhuju of Republica caught up with Konishi to learn about the company´s future plans. Excerpts:
What is the purpose of your visit to Nepal?
As I have been appointed as the president and CEO of Canon Singapore and have been looking after the South and South East Asian market since 1988, I came here to study possibilities of further expansion in Nepal.
How is Canon products different from other products available in the Nepali market?
We are different than our competitors as we produce lens and processor ourselves while other companies´ acquire it from other suppliers. Besides our products have the best image quality and we have highly sensitive products that can take better pictures even in complete dark conditions without using flash.
What is the status of Canon products in Nepal ?
Since the past few years Canon is doing very well in the Nepali market. The annual growth rate of Canon is more than 30 percent as the demand of camera is increasing in the Nepali market.
Canon cameras here in Nepal are expensive, why is that so?
It is very true that Nepalis have to pay a higher price for the cameras here than in other countries due to the excise duty and other logistic costs while in many other countries the government has exempted the excise duty on cameras. It is only if it could be done so in Nepal that price of Canon cameras will go down in Nepal.
Why do the newly launched products arrive late in Nepal?
Nepalis customers do not get the products here as soon as it is launched in the international market as it take 45 to 60 days for the product to arrive in Nepal due to longer shipment time. But we are trying hard to shorten the gap to prevent the loss of market share.
Are there any new products in the pipeline for Nepali customers?
We will be introducing Canon´s first mirrorless digital camera EOS M with interchangeable lens in the Nepali market in October or November this year. Besides we will be introducing power shot series with high optical zoom functions.