“This is a historic occasion for Epson,” said Junkichi Yoshida, Global President of Seiko Epson Corporation, at the inauguration of the facility, near Chennai, on 4 July. It is the company’s first printer manufacturing facility in India. “India is crucial to our growth and offers immense opportunity for innovation and leadership, with its fast-growing economy, youthful population and digital progress,” he added.
The new plant, located in Chennai and developed in partnership with local manufacturing firm RIKUN, will begin operations in October 2025. It is a strategic investment that aligns Epson’s global growth plans with India’s industrial ambitions, particularly under the Government of India’s Make in India programme.
The facility will initially manufacture EcoTank printers, a cartridge-free, high-capacity solution.
The product line is not only cost-effective but also environmentally efficient. With over 8 million units sold in India and 100 million globally, EcoTank printers have positioned Epson as the No. 1 inkjet printer brand by market share in India.
By producing domestically, Epson aims to improve supply chain responsiveness and meetlocal demand more swiftly.
According to Yoshida, “this move is not just about cost advantages. It’s about building agility, fostering partnerships and responding to India’s growing appetite for innovation.”
The initial production line will roll out 20,000 units per month and is expected to scale up over the next few years. The company, however, has not disclosed its total investment but indicated this is the first phase of a larger localisation strategy.For Epson, this facility is not only a manufacturing milestone but a step forward in its sustainability vision. “We aim to become carbon negative and eliminate the use of exhaustible underground resources by 2050,” Yoshida reiterated. The EcoTank printers are seen as a key enabler in this strategy, helping reduce electronic waste and energy usage compared to traditional laser printers.
The company’s environmental goals align with India’s push for green technologies and reduced import dependence in electronics and manufacturing.
Mr Samba Moorthy, President of Epson India, said that this plant was a “clear demonstration of our long-term commitment to growth and innovation,” and a contribution to India’s goal of building a self-reliant, sustainable manufacturing ecosystem.
With FY24 revenue exceeding Rs 2,500 crore and FY25 projected to cross Rs 2,900 crore, Epson is positioning itself to grow ahead of India’s GDP by at least 4 per cent CAGR. The company plans to expand beyond printing — exploring robotics, industrial textile printers, digital imaging systems and X-ray printers — areas where India’s digital economy is creating fresh demand.
