US-based GPS device maker Garmin today said it is targeting to increase its share in the personal navigation devices (PND) market to 30 percent by December-end as it is expanding the product portfolio and operations in the country.
"We have a 15 percent share in the PND market in the country at present. We are targeting to increase our share to 30 percent by the end of December," Garmin Nation Sales and Marketing Head Ali Rizvi said. The PND market in India is estimated to be 1 lakh units in 2011-12 and is expected to grow to 1.5-2 lakh units in the current fiscal.
Garmin also launched two new devices - nuvi 40LM and 50LM - targeting the "affordable market segment".
The 40LM (with a 4.3 inch screen) and.....
No comments:
Post a Comment