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Thursday, September 1, 2011

Sony India eyes Rs 2,000 crore business this festive season


KOLKATA: Consumer electronics major Sony India today said it is eyeing business worth Rs 2,000 crore during the current festive season, a 35 per cent growth over last year.

"We are aiming at sales of Rs 2,000 crore during this festive season, from August to October," Sony India Senior General Manager (Sales) Sunil Nayyar said here today.

He said the company hopes to garner sales of Rs 245 crore from the eastern region during the Durga Puja.

Nayyar said the growth would be in line with expansion in the overall market but there won't be a big shift in the market share in the major product areas that it operates in.

He said all three major products, television, cameras and laptops are expected to do better than last year.

The company is targeting a turnover of Rs 7,000 crore for the entire fiscal, about 30 per cent higher than 2010-11.

By 2015, the share of Sony's Indian operations in its total global turnover is expected to grow to 10 per cent, almost double from about 5 per cent currently,

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