Sajjan Kumar, Managing Director, Nikon India, at the inauguration of Nikon’s second experience zone in Chennai .
| Photo Credit:
Bijoy Ghosh
The company is expecting a steady growth of about 5 per cent in FY27, Sajjan Kumar, Managing Director, Nikon India told businessline on the sidelines of Nikon Experience Zone inauguration at a retail outlet here on Tuesday.
The experience zone displays Nikon’s range of photography and imaging products including mirrorless Z camera, DSLR cameras, COOLPIX range and its Nikkor brand of lenses and accessories.
This is Nikon’s second experience zone in Chennai and sixth in Tamil Nadu. Across India, the company operates 140 such experience zones.
On the wider camera business, Kumar said the rise of the creator economy has led to an increase in demand for photography and videography products. “Though vloggers and content creators use smart devices when they start off, over time they migrate to Nikon when they want to upgrade as it is easier to shoot, has content clarity, and smooth update facilities,” he said.
Overall, Nikon has a market share of about 30 percent in the mirrorless camera segment in India.
Beyond photography, the company also has a presence in the healthcare sector with microscopes. Kumar said that this vertical has seen significant growth in recent years and now contributes to nearly 7 percent of the company’s topline.
On the distribution front, the company sells its cameras and related accessories in over 1,500 retail outlets across the country. While it lacks a direct-to-consumer online presence, Kumar noted that 10–15 per cent of sales are estimated to come via e-commerce channels of partner distributors.
On the manufacturing side, 100 per cent of Nikon products sold in India are currently imported from Japan. Kumar said the present volumes do not justify a local manufacturing footprint, though the company will continue to evaluate opportunities in this area.
On the supply chain issues that could arise out of geopolitical issues, Kumar said that any disruptions will have some level of impact on the businesses, but it is too early to make credible estimations as of yet.
Published on March 24, 2026