Canon eyes 300 stores by 2015

Canon India with its growing popularity in Indian market, plans to expand its retail stores count to 300 by 2015. The brand currently has 100 'Canon Image Square' stores in around 50 towns across the country, plans to add more in order to display its entire camera product range. Additionally, with the expanding retail presence, Canon also aims at doubling its revenues to over Rs 340 crore in the next three years. The company further unveiled its plans of spending Rs 100 crore on marketing initiatives in 2013.