Sony looking to participate in ‘Make in India’ initiative

62

NEW DELHI: Sony India Managing Director Kenichiro Hibi said the company is “very seriously” considering starting a manufacturing facility in India. He also added that ‘‘we are looking to participate in India’s recent ‘Make in India’ initiative plan.

As we all know, Sony offers various consumer electronic gadgets and IT products to fit your everyday and professional needs. If the company starts manufacturing unit in India, one thing is sure that Sony creates big job opportunities for our highly qualified young generation.

All credit for this surely goes to our prime minister, Mr (Narendra) Modi’s whose strong initiatives and leadership make it happens. Mr. Narendra Modi encourages businesses to manufacture goods in India rather than importing them. We inform you that Sony and several companies of the world have also shown interest in starting manufacturing facilities in India, including Foxconn.

(Also See: Foxconn: Plan for build First Apple Plant in India)

According to Hibi, “Of course, thanks to Mr. Modi’s strong initiatives, somehow we have to cope with the country’s direction and strategy. We are in talks as to how we can support the country’s direction. At this point, we do not have any specific comments. We are seriously studying as to how we can reply to PM’s requirements.”

Hibi did not commit to a date and the amount of investment that would go into this but said it would definitely happen within the next two years.

If we are thinking of the company point of view, it also seems that the deal is not bad for them because if we see last year revenue of Sony firm, you might shock. Sony India is the fourth highest contributor to the global sales of Sony Corporation. Sony India had a turnover of Rs 10,000 crore in 2014-15, and around 75 percent of its revenue came from the Bravia range of TVs and Xperia range of mobile handsets.

 

Previous articleWalton Walpad C – Full Tablet Features, Specs, Prices
Next articleQmobile Bolt T50 – Full Smartphone Features, Specs, Prices

Share your thoughts here!

This site uses Akismet to reduce spam. Learn how your comment data is processed.