Sony aims to double mobile handset sales in India

Tags: Mobile, Sony, Gadgets
Tech giant Sony is aiming to double its mobile handset sales to 4 million units in India this fiscal as a part of its efforts to touch Rs 5,500 crore turnover.

The Japanese company had sold 2 million handsets in FY 2013-14.

It aims to double its sales this year and will expand its distribution network, Sachin Rai, Deputy General Manager, Sales & Marketing (Mobile Division) of Sony India, said.

Addressing a press conference to mark the launch of Sony's latest high-tech mobile phone 'Xperia Z2' priced at Rs 49,990, Rai said the turnover in FY 2013-14 stood at Rs 3,000 crore and the company is looking at Rs 5,500 crore turnover this year.

"We plan to sell four million (mobile phone) units this year. We will expand our distribution network from 8,000 to 12,000," he said, adding, this would include 500 exclusive Xperia Lounge stores.

Sony will also come out with 30 new mobile phone models this year, he added.

The company enjoyed a market share of 10 per cent in terms of value in FY 2013-14 in the mobile phone segment, and looking to grow "drastically" in the current fiscal, he said.

EDITORIAL OF THE DAY

  • Because our politicians elbowed out our teachers on Teachers’ Day

    The Swachch Bharat campaign made the highest leaders sweep. Teachers’ Day is making them teach.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Sachin Shridhar

Crouching tiger, hidden dragon

The Chinese are consummate gamblers. If you visit a casino ...

Zehra Naqvi

Capturing change

The pace of change in the world around us can ...

Gautam Gupta

Bring on the Benares brigade

It was in 2003 when I first started work and ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture