Sony is planning to join the ‘Make in India’ initiative

By June 29th, 2015 AT 4:06 PM

Following Narendra Modi’s ambitious “Make in India” initiative, another foreign manufacturer has agreed to setup its manufacturing unit in the country. Sony has announced that it is planning to open a facility in India to manufacture devices.

SONYThis is not the first time that a known brand has shown interest in becoming a part of MII campaign. Earlier, Samsung had also revealed its plans to manufacture devices in India, and Samsung’s Tizen to be the first one to come with Made-in-India label.

Kenichiro Hibi, Sony India managing director, said,”Of course, thanks to 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 country’s direction. At this point of time, we do not have any specific comment. We are seriously studying as how can we reply to PM’s requirements,” he said.

Interestingly, Sony used to have a manufacturing unit, but unfortunately it was shut down in the year 2004. It imports goods from Malaysia, China, Thailand and Japan. The company has not yet revealed the time required for setting up the facility, however, Hibi ensured that it would “definitely” be within a two-year window.

India being the fourth largest market for Sony, its Xperia and Bravia range of devices constitute around three-fourth of the total revenue. As per Hibi, this financial too Sony is planning to sustain its 20 percent growth in India. Last week, Sony unveiled the Xperia Z3+ for a price of Rs. 55,900 and is now rumored to be working on a pocket-friendly exclusively for India.

Read more on:

Leave a Reply

2 Comment threads
1 Thread replies
Most reacted comment
Hottest comment thread
3 Comment authors
sachinsaketSaurabh Yadav Recent comment authors
newest oldest most voted

let’s hope Sony will adopt a sensible pricing for their overpriced products after adopting make in India policy.

Saurabh Yadav
Saurabh Yadav

Lol…… are addressing the one who is still planning phase and ignoring Celkon’s new factory in Telangana opened this friday.


I was also surprised by not seeing Cronin news on TT.

Recent Posts

Twitter to Redesign Conversations Layout for iOS Users

The Micro-blogging site Twitter is launching a test of its redesigned conversations layout with a wider set of iOS users...

Vodafone Idea Awards Vendor Contract to Ericsson for Deploying 5G Ready LTE Equipment

Swedish telecom gear provider, Ericsson has announced that it has bagged a contract from the leading telecom operator of India...

DoT Panel to Decide Proposed Rs 3,000 Crore Penalty by Trai on Airtel, Vodafone and Idea Today

The Digital Communications Commission, an inter-ministerial panel of the Department of Telecom, will examine the Trai recommendations of a penalty...