Taiwan-based Pinnacle Technology Corporation has tied up with printing ink major ESY India for marketing POS printers and solutions in India. The joint venture would also be launching two models of ESY-Aclas POS printers with 150 and 250 mm speed. VP Sajeevan, CEO, ESY India, told reporters here that the Indian POS market is growing at a CAGR of 22 per cent and of this, thermal printers are in high demand.
The market is dominated by few big brands. With a five-lakh customer base and superior quality and features of ESY-A class products, he said, ESY India is looking at garnering a 15 per cent growth in sales before the second-half of 2016.