September 30, 2016 12:58 AM ET

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Company Overview of Sony India Pvt. Ltd.

Company Overview

Sony India Pvt. Ltd. operates as a subsidiary of Sony Electronics Asia Pacific Pte Ltd.

A-31

Mohan Co-operative Industrial Estate

Mathura Road

New Delhi,  11004-4

India

Phone:

91 66 006 600

Fax:

91 26 959 141

Key Executives for Sony India Pvt. Ltd.

Managing Director
President of Sony Europe
Head of Mobile Phones Business
Compensation as of Fiscal Year 2016.

Sony India Pvt. Ltd. Key Developments

Sony Names Ashish Golwalkar as Head of Non-Fiction

Sony announced that Ashish Golwalkar who recently resigned from the post of Senior VP - Programming Star Plus to join the company as head of non-fiction. Before Star he was associated with Zee Entertainment Enterprise Limited for over 11 and half years. The last post that he had in Zee was as Head of Non-fiction Programming.

Sony Launches Xperia M5 Smartphone in India

On September 9, 2015, Sony launched its Xperia M5 dual-SIM smartphone in India at a price of INR 37,990. The water-proof Xperia M5 sports a 21.5 megapixel camera that can capture videos in 4K resolution. The water-proof Xperia M5 sports a 21.5 megapixel camera that can capture videos in 4K resolution (4096 x 2160). It has a 13 megapixel front camera which also comes with integrated autofocus and full high-definition video recording. Sony Xperia M5 Dual comes with a 5-inch full HD display with Mobile Bravia Engine 2. Xperia M5 integrates a large 2,600mAh battery offering up to two-days battery life. The device also has 64-bit 2.0 GHz Octa-core processor powered by MediaTekHelio X10 with 3GB RAM. Xperia M5 also has an expandable memory with up to 200GBuSD card and the device is available in the Dual SIM variant in India. Xperia M5 will be available in black and gold colour at Sony Centers, Sony Smartphone Lounges and all leading retail outlets across India.

Violation of Asean Free Trade Agreement may Cost Sony Corp. INR 3 Billion in Duty

Sony Corp. is in the cross-hairs of a Directorate of Revenue Intelligence (DRI) investigation for allegedly violating the India-Asean free trade agreement to import goods from the group's overseas arms without paying appropriate duties, in the latest instance of a crackdown on corporates for abusing trade pacts. DRI officials had visited the company's office to recover documents. Sony's India arm has also been asked to furnish documents from suppliers and statements of officials has been recorded in the case, which officials say has a duty implication of about INR 3 billion. The investigations are centered on the import of televisions from Malaysia in a semi-knocked down condition by allegedly mis-declaring them as parts that attract concessional duties under the India-Asean free trade agreement. The Indo-Asean FTA offers concessional duty benefit to a large number of goods manufactured in the Asean region. However, all imports from Asean countries into India have to meet a mandatory 35% value addition norm in the Asean country from where they are exported to India. Without due value addition, India can deny duty benefits available to goods under the FTA.

Recent Private Companies Transactions

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