Sony would Make More in India

Sony India said today it would focus more on making in India, and the trend would begin with it’s flat TV panels. Sony India has outsourced its TV making contract to a Chennai based LED panel making firm.

"We began with two SKUs recently in the panel segment and in the second phase we will add another 4-5 SKUs by this year. All will be in panels," Satish Padmanabhan, Sales Head, Sony India said.

Talking about growth for the current fiscal, he said the company aims to achieve 15-20% growth for FY16. Between Durga Puja and Diwali, Sony India projects to do a business of Rs 5,000 Crores this year. That’s a huge 20% from last year.

Image credit: Indiatimes