Just In
- 1 hr ago Xiaomi Robot Vacuum Cleaner S10, Handheld Garment Steamer, and Redmi Buds 5A Launched in India
- 2 hrs ago Lenovo Unveils IdeaPad Pro 5i Laptop With Intel Core Ultra 9 Processor – Check Price, Specs
- 2 hrs ago Lava ProWatch Zn, ProWatch Vn Smartwatches Launched in India: Check Price, Specs, Availability
- 3 hrs ago Google Podcasts to Shut Down Globally in June 2024: Here's How to Transfer Your Podcasts to YouTube Music
Don't Miss
- Finance 1:1 Bonus, Rs 167.6 Sh/Dividend Paid: Tata's IT Co Announces Highest Ever Rs 70/Sh Dividend; Q4 Results Here
- Movies Rohit Saraf, Pashmina Roshan Starrer Ishq Vishk Rebound Delayed Again Despite Being Fully Ready
- News Goa's Railway Renaissance: BJP's Vision Transforms Connectivity
- Lifestyle Anant Ambani-Radhika Merchant's Wedding Function Details Are Out, Check out Ambani Bahu-To-Be's Chic Fashion!
- Sports IPL 2024: 'MI players have not bought into Hardik Pandya as the captain', Ex-India player makes shocking claims
- Education Meet Naima Khatoon, First Vice Chancellor of AMU, Know Her Background and Education Qualification
- Automobiles Nissan Magnite Achieves 1 Lakh Unit Sales Milestone: Consistency Helps
- Travel Kurnool's Hidden Gems: A Guide To Exploring India's Lesser-Known Treasures
Sony may consider setting up facility in India
Japanese electronics major Sony is "seriously" looking at participating in the government's 'Make in India' initiative and may consider setting up a manufacturing plant in the country.
"Of course, thanks to Mr (Narendra) Modi's strong initiatives, some how we have to cope with countries direction and strategy. We are in talks as to how we can support country's direction. At this point of time, we do not have any specific comment.
SEE ALSO: GizBot Tech Deals: Top 10 Sony Xperia Smartphones Available at Best Prices Online in India
We are seriously studying as how can we reply to PM's requirements," Sony India Managing Director Kenichiro Hibi said when asked if the company is planning to set up a manufacturing plant in the country.
However, he declined to share any information on time frame and investment in the new unit. When asked whether it can happen in next two years, he said: "Definitely yes, we would have to make something in such a time span."
At this moment, "we do not have any specific comment on it. But yes it is and we are thinking it very seriously," he told PTI. Sony had closed its manufacturing facility in 2004 and now imports its products from China, Malaysia, Thailand and Japan.
Besides, Sony is also aiming a 20 per cent growth in sales in the current fiscal and expects a good contribution to come from non-metro places. "Up to last fiscal (FY 2014-15), we were having 20 per cent overall growth. This fiscal it is also expected to be the same although it is a challenge," he said.
Sony India had a turnover of Rs 10,000 crore in 2014-15 and around 75 per cent of its revenue came from Bravia range of TVs and Xperia range of mobile handsets. Sony India is the fourth highest contributor in the global sales of Sony Corporation.
Source: PTI
-
99,999
-
1,29,999
-
69,999
-
41,999
-
64,999
-
99,999
-
29,999
-
63,999
-
39,999
-
1,56,900
-
79,900
-
1,39,900
-
1,29,900
-
65,900
-
1,56,900
-
1,30,990
-
76,990
-
16,499
-
30,700
-
12,999
-
14,999
-
26,634
-
18,800
-
62,425
-
1,15,909
-
93,635
-
75,804
-
9,999
-
11,999
-
3,999