Sony India expects up to 15% sales growth this year

Sony India expects up to 15% sales growth this year

Consumer electronics major Sony India is eyeing sales growth of 10-15% this fiscal, snapping two years of de-growth, led by its premium TV range, audio products and cameras, a top company official said.

AgenciesUpdated: Sunday, June 23, 2019, 08:40 PM IST
article-image

New Delhi: Consumer electronics major Sony India is eyeing sales growth of 10-15% this fiscal, snapping two years of de-growth, led by its premium TV range, audio products and cameras, a top company official said.

Sony India expects contribution from segments such as audio products and digital imaging to rise. The company's revenue at present is mainly led by the TV category.

"I am expecting a growth of 10 to 15% this year considering all the categories. If we are able to deliver that, then we would be in a very good spot," Sony India MD Sunil Nayyar said.

According to him, there is a "positivity in the market" being seen after a long time. Presently, Sony India gets around 65% revenue from the TV segment, 15% from audio, 10% from camera and rest 10% from other verticals. "Two years back, contribution of TV was 80%," he said.

RECENT STORIES

RCB Sale: Serum Institute CEO Adar Poonawalla Confirms Bid To Purchase 2025 IPL Champion Team
RCB Sale: Serum Institute CEO Adar Poonawalla Confirms Bid To Purchase 2025 IPL Champion Team
Union Budget 2026: Job Creation And Export Support Must Be Top Priorities, Says FICCI Industry...
Union Budget 2026: Job Creation And Export Support Must Be Top Priorities, Says FICCI Industry...
Union Budget 2026: Exporters Seek Tax Incentives, Import Duty Rationalisation To Boost Growth
Union Budget 2026: Exporters Seek Tax Incentives, Import Duty Rationalisation To Boost Growth
Union Budget 2026: NAREDCO Seeks Industry Status For Real Estate, Higher Home Loan Interest...
Union Budget 2026: NAREDCO Seeks Industry Status For Real Estate, Higher Home Loan Interest...
Walmart To Trim Stake, Tiger Global And Microsoft To Exit Through PhonePe’s USD 1.5 Billion IPO
Walmart To Trim Stake, Tiger Global And Microsoft To Exit Through PhonePe’s USD 1.5 Billion IPO