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India an important market, looking for double-digit growth: Canon

India is among the "important markets" globally for Canon, where the Japanese multinational will continue its "double-digit growth" helped by a growing economy and demand, top company officials said on Wednesday.

The company sees India as a "high potential" market for its traditional products and services, ranging from imaging to printers business, said Canon Marketing Asia President & COO Tiger Ishii.

Besides India is also a growing market for its other verticals as commercial printing, health business (medical devices) and also sees a potential for its semiconductor business here, in which it produces lithography machines for chip manufacturing.

"India is one of the most important markets not only in Asia but also in the world. India will grow in the future and we see scope here," Ishii said at a media round table here.

Canon -- a leading producer of lithography products -- expects India to be the future for the manufacturing of semiconductors.

"Semiconductors will be India's ..

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