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]]>Despite the record-breaking growth last year, Nayyar expects a more moderate pace in FY 2024-25. “The base is high because of the phenomenal success we achieved last year. This year, we’re focused on modest growth but are committed to expanding the gaming market, including advancements in software development and peripherals,” Nayyar told PTI.
In its recent annual report, Sony India disclosed a 50.1% growth in revenue from its ‘other business segment,’ which includes gaming and B2B ventures. This growth has primarily been driven by the booming gaming market, reinforcing Sony’s strong brand presence in India.
Sony is also exploring success in other niche segments. Its medical equipment sector, which includes innovative products like micro-displays, and its sports division, which sells Hawk-Eye systems used in major sporting events globally, have shown solid performance. The Hawk-Eye technology is widely used to track the trajectory of the ball across sports like cricket, tennis, and football, underscoring Sony’s influence in multiple markets.
In the consumer audio and visual segment, Sony India recorded a 15.7% revenue growth in FY 2023-24, further establishing its position as a leader in consumer electronics. This year, Sony aims to grow steadily, expanding its impact in India’s gaming and tech landscape.
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