New Delhi, August 4, 2015: Sony has commenced manufacturing of its BRAVIA television in India on OEM partnership with Competition Team Technology (India) Pvt. Ltd. in Sriperumbudur, Tamil Nadu and is making its first shipment today. To begin with, Sony will start manufacturing two models, both Android TVs in the initial phase.
This decision has been taken by Sony post reviewing all aspects of its manufacturing operations, market situation and other factors such as product life cycle, lead-time and costs to ensure that the company remains competitive.
Says Kenichiro Hibi, Managing Director, Sony India: “India has been an important strategic market for Sony and this development underlines our continued commitment to this market as well as our alignment with the Government of India’s ‘Make in India’ programme. We see huge potential in the TV business as conversion from CRT TV to LCD TV by Indian customers is expected to accelerate over the next few years. There is also very high demand for technologically advanced products such as 4K and our newly launched Android TVs. Keeping in mind this buoyant demand from customers in this market, it is likely that a big chunk of TVs sold in India may originate from this unit in the future.”
BRAVIA is the highest selling category and contributes more than 40% to the overall sales of Sony India. With products now being manufactured locally, Sony plans to perfect its TV business operations in India and further strengthen its marketing and distribution channel.