Sony to Expand Smartphone and Television Production in India
The local arm of Japan's Leading Consumer Electronics Maker, Sony India is gearing up to set up "Make in India" for smartphones and televisions rather than relying largely on imports like it did earlier in view of government's move to increase taxes on the overseas product.
As reported by Sunil Nayyar, Company's Managing Director, Sony's parent headquarters in Tokyo is speculating on its next move which will either involve expansion of third-party manufacturing or will include setting up of plants in India.
Nayyar who is also the first Indian to lead local operations of the company further added,
As of now, we are happy with our third-party manufacturing and quality of products which has negligible return rates. A large portion of our portfolio will move towards local production whi...