Electronic Company Sony India is going to set up its first manufacturing plant in south India

Major Electronic Company Sony India is going to set up its first manufacturing plant in south India. Sony India has some assemble units In south India and many products imported. But soon company is going to announce the establishment of its first manufacturing plant in South India.

The Company also targeting to achieve 20% growth in this financial year despite the GST imposed by government.  The company also eying on 25% sales growth in this festive season.

Kenichiro hibi, MD Sony India said in market visit “we are evaluating few places to set up our manufacturing base. We shall be finalising the place in few months. Uttar Pardesh is one of the most strategic local market which holds immense significance for the company. The region clocked Rs 415 crore sales during last festive period of August-November 2016 and Sony is foreseeing 255 sales growths from festive period of August-November 2017. This region contributes about 15% of the total sales of Sony India.”

The company said that some of the most important local markets in Uttar Pradesh include Lucknow and Ghaziabad. Sony India is spread over a strong network of 600 plus dealers and distributors in UP and also has 8 exclusive centres and 15 service touch points.