 "money, investment, shares, negotiations")
Panasonic Life Solutions will invest Rs 600 crore in India, initially spending Rs 294.7 crore to set up an electrical equipment and wiring manufacturing plant in SriCity near Chennai.
The plant will start work by October 2021, becoming Panasonic’s eighth electrical equipment production base in India after facilities in north and west India
Vivek Sharma, managing director of Panasonic Life Solutions India, and Ravisanna Reddy, managing director of Sri City, on Saturday exchanged an agreement to acquire land for the 133,546-sq mt plant.
“India is growing exponentially in terms of housing development and the number of houses constructed each year is massive in
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