Sony India plans smartphone-led growth

Sony is eyeing revenues of Rs 12,000 crore in India during this fiscal, with about Rs 5,500 crore generated from the sale of mobile devices. As part of that strategy, Sony is expecting buoyant demand for its recently launched smartphone Xperia Z2.

Sony India had registered revenues of Rs 8,000 crore during  FY '14.

Kenichiro Hibi, Managing Director, Sony India, in a recent media interaction, pointed out that they will invest Rs 350 crore for marketing-related activities for the mobile phone business.