India has great growth potential, will find another opportunity post Zee merger collapse: Sony

New Delhi: With the proposed merger of its Indian arm with Zee terminated, Sony will seek various options, including finding another opportunity to replace the plan and organic growth opportunities in India, which has great potential in the long term, according to a top company official.

In an earnings call, Hiroki Totoki, president, COO & CFO of Sony said India is a very appealing market where it would continue to invest.

“India on a long term basis has a great growth potential. It’s a very appealing market. Therefore, we will try to seek various opportunities and if we can find another opportunity that would replace this type of plan,” Totoki said when asked about the company’s strategy in India after the termination of the proposed merger.