Samsung to Sony Wooing India as TV Sales Set to Quadruple

Samsung to Sony Wooing India as TV Sales Set to Quadruple

Prashanth Vishwanathan/Bloomberg

India is the world’s fastest-growing market for consumer electronics with few homegrown makers of flat-panel TVs and no producers of mobile phones or the semiconductors and displays used in the devices. Last year, the nation of 1.2 billion people spent $14.2 billion importing screens and smartphones, accounting for 90 percent of demand, government data show.